Company News Alert
Ian Stewart Appointed as President and Chief Operating Officer of Inspiration Mining Corporation (ccnm)
TORONTO, ONTARIO--(Marketwire - Oct. 4, 2010) - Inspiration Mining Corporation ("Inspiration" or the "Corporation") (TSX:ISM) (FRANKFURT:OI8) is pleased to announce the appointment of Ian Stewart as the President and Chief Operating Officer of the Corporation. Randy Miller, will continue with the company as the Chairman of the Board, and Chief Executive Officer of the Corporation.
Ian Stewart brings to the Corporation a strong track record of building companies and enhancing shareholder value. Prior to joining Inspiration, Ian Stewart Co -Founded Stratacon Inc. in 1997 building it into the largest Sub metering company in Canada prior to overseeing the sale of Stratacon in 2008 to The Consumers Water Heater Income Fund.
"I'm very excited about this new opportunity. Inspiration has some great assets and I couldn't be more pleased to be working together with Randy and the Inspiration team at this stage of Inspiration's development to exploit those assets and maximize shareholder value. Over the next number of weeks I look forward to communicating directly with Inspiration shareholders on the exciting opportunities that lie ahead." said Ian Stewart, President and COO.
"We were looking for someone who could guide the Corporation through its next growth stage and Ian Stewart is an ideal candidate in the evolution of Inspiration. With Ian taking on the day to day operating responsibilities of the Corporation, I will be free to focus on identifying strategic opportunities for the Corporation. I look forward to working with Ian and am confident he will be a great asset to Inspiration as we move forward with our strategy," added Randy Miller.
Inspiration Mining Corp. is an exploration company with its major asset being its 100% owned Langmuir property. The Langmuir property comprises of 69 mining claims covering 1121 hectares in the Langmuir Township, 25 km southeast of Timmins, Ontario. It hosts the past nickel producing mines of Langmuir No. 1 and 2.