REG - Inspirit Energy Hlds - Company update

Inspirit Energy HoldingsAnnouncement

07/11/2025 07:00

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RNS Number : 5732G  Inspirit Energy Holdings PLC  07 November 2025

7 November 2025

Inspirit Energy Holdings Plc

("INSP" or the "Company")

Company update

Following the Company's decision to become an AIM Rule 15 cash shell as
announced on 8 October 2024, the Company has reviewed several reverse
acquisition targets. It has now signed a non-binding, conditional Heads of
Terms with a UK company which has formerly reported a JORC compliant resource
of c. 250,000 ounces of gold at its project in South-East Asia. Due diligence
is at an early stage and whilst there can be no guarantee this will complete,
both parties are working to complete the transaction in Q1 2026. The Company's
shares remain suspended from trading on AIM and further updates will be made
as and when appropriate.

-ends-

 

This announcement contains inside information for the purposes of Article 7 of
Regulation (EU) 596/2014.

 

More information on Inspirit Energy can be seen at: www.inspirit-energy.com
(http://www.inspirit-energy.com/)

 

 

For further information please contact:

 

 Inspirit Energy Holdings plc
 John Gunn, Chairman and CEO        +44 (0) 207 048 9400

 Beaumont Cornish Limited

 www.beaumontcornish.com

 (Nominated Advisor)
 Roland Cornish / James Biddle      +44 (0) 207 628 3396

 Global Investment Strategy UK Ltd

 (Broker)

 Samantha Esqulant                   +44 (0) 207 048 9045

 

Nominated Adviser

Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated
Adviser and is authorised and regulated by the FCA. Beaumont Cornish's
responsibilities as the Company's Nominated Adviser, including a
responsibility to advise and guide the Company on its responsibilities under
the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed
solely to the London Stock Exchange. Beaumont Cornish is not acting for and
will not be responsible to any other persons for providing protections
afforded to customers of Beaumont Cornish nor for advising them in relation to
the proposed arrangements described in this announcement or any matter
referred to in it.

 

 

 

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