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ETRUSCUS CLOSES $817,250 IN FIRST TRANCHE OF FINANCING
Etruscus Resources Corp. (CSE: ETR) (OTC: ETRUF) (FSE: ERR) (the "Company" or "Etruscus") announces the Company has closed the first tranche (the "First Tranche") of its previously announced non-brokered private placement (the "Financing") of up to $1,250,000 (see News Release dated February 25, 2025). The First Tranche has resulted in the issuance of 4,783,333 flow-through units for gross proceeds of $574,000 and 2,432,500 non-flow-through units for gross proceeds of $243,250, for a grand total
About this update from Etruscus Resources Corp.
[{"type":"text","content":"VANCOUVER, BC, March 24, 2025 /CNW/ - Etruscus Resources Corp. (CSE: ETR) (OTC: ETRUF) (FSE: ERR) (the "Company" or "Etruscus") announces the Company has closed the first tranche (the "First Tranche") of its previously announced non-brokered private placement (the "Financing") of up to $1,250,000 (see News Release dated February 25, 2025). The First Tranche has resulted in the issuance of 4,783,333 flow-through units for gross proceeds of $574,000 and 2,432,500 non-flow-through units for gross proceeds of $243,250, for a grand total of $817,250. These funds will be used for a planned drill program on the Zappa copper-gold porphyry target on the Rock & Roll property in BC's prolific Golden Triangle.","length":765,"tagName":"p"},{"type":"image","alt":"Etruscus Resources Corp. Logo (CNW Group/Etruscus Resources Corp.)","displaySize":"","headline":null,"caption":"Etruscus Resources Corp. Logo (CNW Group/Etruscus Resources Corp.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":273,"height":208,"url":"https://media.zenfs.com/en/cnwgroup.com/1e4b0e197c5a2aff74e6c9279460ac36"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Cwo.RO5Zw8fAvJwo5MZulA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTMyMDtjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/1e4b0e197c5a2aff74e6c9279460ac36","width":273,"height":208}},"href":"https://mma.prnewswire.com/media/2647893/Etruscus_Resources_Corp__ETRUSCUS_CLOSES__817_250_IN_FIRST_TRANC.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Each non-flow-through unit will consist of one common share and one-half (1/2) of a non-transferable share purchase warrant with each whole warrant exercisable into one additional common share at a price of $0.15 per share for a 2-year period.","length":243,"tagName":"p"},{"type":"text","content":"Each flow-through unit will consist of one flow-through common share and one-half (1/2) of one non-flow-through, non-transferable share purchase warrant with each whole warrant exercisable into one additional common share at a price of $0.18 per share for a 2-year period.","length":272,"tagName":"p"},{"type":"text","content":"Registered finders received cash commissions of $16,480 and were issued 42,000 finder warrants, pursuant to regulation. The finder warrants are exercisable at $0.15...