ETRUSCUS RESOURCES CORP - ETRUF STOCK NEWS

Etruscus Resources Corp. (CSE:ETR) is gearing up for its 2023 drill program at the Lewis Property in Newfoundland, located near significant gold discoveries. The property spans 2,568 hectares and has identified multiple gold mineralized trends through advanced geophysical surveys. Etruscus is finalizing discussions with service providers for drilling expected to commence in early May 2023. Additionally, the company is raising up to $1,000,000 through a private placement, successfully closing its first tranche of $542,000. They are offering various units priced at $0.15 and $0.18, each with attached warrants. Shares are trading at $0.15, highlighting a distinct phase of activity for Etruscus as they advance exploration efforts and funding initiatives.

Etruscus Resources Corp. (OTC: ETRUF) announced promising results from its 2021 exploration program at the Lewis Property in Newfoundland. The program yielded 20 high-grade gold rock samples, with some exceeding 24.2 g/t Au. Notable findings include a 1.3 km extension of the Corsair Trend and several areas with elevated gold anomalies. The upcoming geophysical survey aims to define drilling targets for 2022. Etruscus aims to leverage its historic data and recent results to enhance its exploration efforts in this active gold region.

Etruscus Resources Corp. (CSE: ETR) has announced the resignation of Jason Leikam as President & CEO, effective immediately, due to personal reasons. Leikam will continue as a non-executive director. Fiore Aliperti, the Executive Chairman, has been appointed as the Interim President and CEO while the Board seeks a permanent replacement. The Company emphasizes its ongoing commitment to developing its mining assets, including the Lewis Property in Newfoundland, which is under option for full acquisition. Etruscus continues to explore opportunities in Canada’s gold-rich regions.

Etruscus Resources Corp. has secured a 100% interest in the Lewis Gold Property located in Newfoundland, encompassing 25.67 square kilometers. This acquisition follows a series of successful historical explorations and positions Etruscus amidst a booming gold exploration landscape. The deal requires staged payments totaling $870,000 and the issuance of 3.1 million shares over four years. Incoming CEO Jason Leikam emphasizes the strategic importance of this acquisition, complemented by a robust exploration plan aimed at identifying high-priority drill targets.

Etruscus Resources Corp. (CSE: ETR, OTC: ETRUF, FSE: ERR) has announced an increase in its non-brokered private placement to $2,700,000 due to significant market demand. The placement includes Flow-through Units priced at $0.35 and Non Flow-through Units at $0.30. A tranche closed on June 9, 2021, raising $1,000,025. Funds will support exploration of the Rock & Roll and Sugar Properties. The flow-through shares will qualify under Canadian tax regulations. The offering will close by June 30, 2021, and all issued shares will have a hold period.