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checkon Mar 27, 2008 11:48am
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Inspiration Mining hires Launchpad Capital as adv
Inspiration Mining hires Launchpad Capital as advInspiration Mining hires Launchpad Capital as adviser
2008-03-25 12:02 ET - News Release
Mr. Randy Miller reports
INSPIRATION RETAINS LAUNCHPAD CAPITAL AS STRATEGIC ADVISORY FIRM
Inspiration Mining Corp. has retained Launchpad Capital to evaluate strategic alternatives to maximize shareholder value. The corporation is of the opinion that it is undervalued in light of its nickel project in the Langmuir township and the newly acquired nickel-copper-gold properties. Through Launchpad Capital's expertise in developing emerging companies in North America and Asia, the corporation believes that Launchpad Capital will help the company unlock the true value of its assets for the substantial benefit of the corporation's shareholders.
Launchpad Capital provides consulting services to high-growth, emerging companies, in areas ranging from corporate finance, mergers and acquisitions, business development, and corporate structure, in North America and Asia. Through its executive advisory board, Launchpad has developed a strong record of creating value for its public and private clients by integrating a broad range of services into the corporate strategy of its clients.
Randy Miller, president of the corporation, notes: "With the progress that has been made over the past two years on the Langmuir property and the acquisition and potential of our new properties, our company is entering a new phase of expansion and operation in our plan to create significant value for our shareholders. Since late 2007, we have aggressively expanded our geological team, as we initiated a deep drilling program at Langmuir No. 2, with initial results expected in the near future, our spinoff of our Jasper property is almost complete, and we are processing core and drill results at the fastest pace in our history.
"Over the past year, we have expanded the scope of this project due to the results we have seen. We continue to be encouraged by the results from Langmuir North, as evidenced in our last news release and will continue to expand the drilling there to identify the extent of the mineralization."