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Etruscus Corp ( (TSE:ETR) ) has issued an announcement.
Etruscus Resources Corp. has announced a $1.25 million private placement to fund its Phase 1 drill program at the Zappa porphyry target on its Rock & Roll property in the Golden Triangle, northwest B.C. The financing will be a combination of flow-through and non-flow-through units, with proceeds also allocated for exploration and general corporate expenses. This initiative is expected to enhance Etruscus’s exploration capabilities and strengthen its position in the mining industry, potentially benefiting stakeholders through increased resource development.
More about Etruscus Corp
Etruscus Resources Corp. operates in the mining industry, focusing on exploration and development of mineral properties. The company is primarily engaged in the exploration of gold and other precious metals, with a significant focus on its Rock & Roll property located in the Golden Triangle of northwest British Columbia.
YTD Price Performance: -6.67%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $4.1M
For an in-depth examination of ETR stock, go to TipRanks’ Stock Analysis page.