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Etruscus Resources Corp
Symbol ETR
Shares Issued 64,309,527
Close 2026-09-10 C$ 0.055
Market Cap C$ 3,537,024
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Etruscus begins survey over Rock & Roll

2026-09-15 03:57 ET - News Release

Mr. Fiore Alipert reports

ETRUSCUS COMMENCES ZTEM SURVEY AND EXTENDS PRIVATE PLACEMENT

Etruscus Resources Corp. has provided an exploration update and has confirmd that the company is continuing to advance its fundraising efforts under its $700,000 non-brokered private placement, originally announced on July 30, 2026. Key details of the financing are restated below for ease of reference.

A geophysical ZTEM survey of the Rock & Roll property has commenced, focusing on prospective areas along the eastern portion of the property adjacent to Seabridge Gold's Bronson corridor project. (Refer to the news dated Aug. 20, 2026.) The survey is designed to identify concealed intrusive centres and prioritize the highest-quality drill targets before committing additional capital to diamond drilling.

The financing will consist of a combination of flow-through and non-flow-through units. Up to 9,333,334 flow-through units at 7.5 cents per unit, or up to 11,666,667 non-flow-through units at six cents per unit may be issued, or any combination thereof totalling up to $700,000. Proceeds of the financing will be used to advance Etruscus's 2026 exploration program at its Rock & Roll property. Flow-through proceeds will be incurred solely on qualifying Canadian exploration expenditures on the property. Non-flow-through proceeds will finance both the company's general working capital and additional exploration.

Each flow-through unit is priced at 7.5 cents and consists of one flow-through common share and one-half of one non-flow-through, non-transferable share purchase warrant with each whole warrant exercisable into one additional common share at a price of 12 cents per share for a two-year period.

Each non-flow-through unit is priced at six cents and consists of one common share and one non-transferable share purchase warrant with each warrant also exercisable into one additional common share at a price of 12 cents per share for a two-year period.

All shares issued under the financing will be subject to a hold period of four months and one day from the date of issuance. Any finders' fees associated with the financing will be paid in accordance with securities regulations.

The flow-through shares will qualify as flow-through shares for the purposes of the Income Tax Act (Canada). The proceeds from the issuance of flow-through units will be used to incur Canadian exploration expense (within the meaning of the act). The company will renounce these expenses to the purchasers with an effective date of no later than Dec. 31, 2026, and as required under the act, and, if applicable, as required under provisional legislation.

About Etruscus Resources Corp.

Etruscus is a Vancouver-based exploration company focused on the acquisition and development of precious metal mineral properties. The company's flagship asset is the 100-per-cent-owned Rock & Roll property comprising 23,726 hectares near the past-producing Snip mine in northwestern British Columbia's prolific Golden Triangle, one of Canada's most active and prospective exploration regions. The company is also exploring the Pheno property, a rare earth element target totalling 5,618 hectares, which is contiguous to and immediately north of Rock & Roll.

Etruscus is traded under the symbol ETR on the Canadian Securities Exchange, ETRUF on the OTC and ERR on the Frankfurt Stock Exchange. Etruscus has 64,309,527 common shares issued and outstanding.

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