ETRUSCUS CLOSES $817,250 IN FIRST TRANCHE OF FINANCING

Etruscus Resources Corp. has successfully closed the first tranche of its previously announced non-brokered private placement, securing $817,250 in funding. The financing represents approximately 65% of the company's total target of $1.25 million, which was initially announced on February 25, 2025.

The successful completion of this first tranche demonstrates investor confidence in Etruscus's business strategy and provides the company with immediate working capital. Non-brokered private placements typically offer companies more favorable terms and lower costs compared to brokered financings, as they eliminate broker fees and commissions.

For the junior resource sector, successful financing announcements like this one indicate continued investor appetite for well-positioned exploration and development companies. The ability to secure funding in the current market environment suggests Etruscus has maintained strong investor relationships and project fundamentals that justify investment.

The completion of this first tranche positions Etruscus to advance its corporate objectives while potentially closing the remaining portion of the financing to reach the full $1.25 million target. This funding will likely support ongoing operational activities and potentially advance the company's resource projects, though specific use of proceeds was not detailed in the available information.