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Inspirit Energy Holdings Advances in Cash Shell Transition with New Acquisition Target

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Inspirit Energy Holdings Advances in Cash Shell Transition with New Acquisition Target

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Inspirit Energy Holdings ( (GB:INSP) ) has shared an update.

Inspirit Energy Holdings PLC has announced its progress in transitioning to an AIM Rule 15 cash shell, following its decision to do so in October 2024. The company has signed a non-binding, conditional Heads of Terms with a UK company that has a reported JORC compliant resource of approximately 250,000 ounces of gold in South-East Asia. While due diligence is still in its early stages, both parties aim to complete the transaction by Q1 2026. The company’s shares remain suspended from trading on AIM, and further updates will be provided as necessary.

More about Inspirit Energy Holdings

Average Trading Volume: 111,791,600

Technical Sentiment Signal: Sell

Current Market Cap: £156.7K

For detailed information about INSP stock, go to TipRanks’ Stock Analysis page.

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