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Etruscus Resources Corp
Symbol ETR
Shares Issued 72,374,927
Close 2026-10-27 C$ 0.045
Market Cap C$ 3,256,872
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Etruscus Resources arranges $200,000 private placement

2026-10-28 19:33 ET - News Release

Mr. Fiore Aliperti reports

ETRUSCUS ANNOUNCES $200,000 PRIVATE PLACEMENT

Etruscus Resources Corp., subject to Canadian Securities Exchange approval, plans to raise up to $200,000 through a non-brokered private placement. The financing will consist of up to 2,857,143 flow-through common shares at a price of seven cents per share. Proceeds of the financing will be used solely to advance exploration at its Rock & Roll property by incurring qualifying Canadian exploration expenditures on the property.

Fiore Aliperti, president and chief executive officer of Etruscus, commented: "This financing completes our funding for the 2026 exploration activities at Rock & Roll. We continue to advance the property's significant exploration potential with the airborne ZTEM survey, from which we expect to gain critical insights into potential concealed mineral systems and further refine our highest-priority exploration targets. Our objective is to develop a stronger pipeline of drill-ready targets while maintaining a disciplined approach to exploration spending, ensuring future drilling programs are guided by the best available geological and geophysical information."

All shares issued under the private placement will be subject to a hold period of four months and one day from the date of issuance. Finders' fees may 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 of the flow-through private placement will be used to incur Canadian exploration expenses (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.

The company is pleased to announce that its previously announced private placement was completed with the tranche of $500,287 that closed on Sept. 29, 2026.

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 elements 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 72,374,927 common shares issued and outstanding.

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