ETRUSCUS ANNOUNCES PRIVATE PLACEMENT TO DRILL AT ZAPPA

Etruscus Resources Corp. has announced plans to raise up to $400,000 through a non-brokered private placement, pending approval from the Canadian Securities Exchange. The financing is specifically earmarked for drilling activities at the company's Zappa project and represents the second and final tranche of a broader $1.25 million financing program that was initially announced in February.

The completion of this financing round would bring Etruscus's total capital raise to the full $1.25 million target, providing the company with sufficient funds to advance exploration activities at Zappa. The use of proceeds for drilling suggests the company is moving forward with an active exploration program at this property.

For the junior mining sector, this announcement reflects continued access to capital markets despite challenging conditions, particularly for companies with defined exploration targets. The structured approach of splitting the financing into tranches demonstrates prudent capital management while maintaining flexibility to adjust funding based on market conditions and exploration results.

The pending CSE approval is routine for such transactions, and successful completion would position Etruscus to execute its planned drilling program at Zappa, potentially generating newsflow and value creation opportunities for shareholders in the coming months.