Etruscus Corp ( (TSE:ETR) ) just unveiled an announcement.
Etruscus Resources Corp. has announced plans to raise up to $1.25 million through a non-brokered private placement, subject to Canadian Securities Exchange approval. The funds will be used to support a Phase 1 drill program at the Zappa porphyry target on the Rock & Roll property in the Golden Triangle, as well as for exploration and general corporate expenses. This initiative underscores Etruscus’s strategic focus on advancing its exploration activities in a region known for its mineral wealth, potentially enhancing its market position and offering new opportunities for stakeholders.
More about Etruscus Corp
Etruscus Resources Corp. 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%-owned Rock & Roll Property comprising 29,344 ha near the past producing Snip mine in Northwest B.C.’s prolific Golden Triangle.
YTD Price Performance: -3.45%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $4.3M
See more data about ETR stock on TipRanks’ Stock Analysis page.