Mr. Fiore Aliperti reports

ETRUSCUS CLOSES FINAL TRANCHE OF FINANCING

Etruscus Resources Corp. has closed the final tranche of its previously announced non-brokered private placement of up to $1.25-million (see news releases dated Feb. 25, 2025, and March 25, 2025). The closing is subject to Canadian Securities Exchange final approval. The final Tranche has resulted in the issuance of 1,233,333 flow-through units for gross proceeds of $148,000 and 2,390,000 non-flow-through units for gross proceeds of $239,000, all totalling $387,000. For the financing as a whole, $1,204,250 was raised by the issuance of 4,822,500 non-flow-through units at 10 cents per unit and 6,016,666 flow-through units at 12 cents per unit.

Flow-through funds will be used primarily for a drilling program on the Zappa copper-gold porphyry target on the Rock & Roll property in British Columbia's prolific Golden Triangle. Non-flow-through funds will be used for exploration and for working capital.

Each non-flow-through unit consists of one common share and one-half of a non-transferable share purchase warrant with each whole warrant exercisable into one additional common share at a price of 15 cents per share for a two-year period.

Each flow-through unit consists of one flow-through common share and one-half of one non-flow-through, non-transferable share purchase warrant with each whole warrant exercisable into one additional common share at a price of 18 cents per share for a two-year period.

Finders' fees were paid in the final tranche to registered finders, comprising fees of $6,580 and 54,833 finders' warrants exercisable at 15 cents per share for a two-year period. For the financing as a whole, total finders' fees were $23,060 and 96,833 finders' warrants were issued.

All shares issued under the final tranche of the financing will be subject to a hold period of four months and one day from the date of issuance.

The flow-through shares will qualify as flow-through shares for the purposes of the Income Tax Act (Canada). The proceeds of the flow-through private placement will be used to incur Canadian exploration expense (within the meaning of the act). The company will renounce these expenses to the purchasers with an effective date of no later than Dec. 31, 2025, and as required under the act.

The company also announces that, pursuant to the terms of the company's stock option plan, the board of directors has approved the grant of an aggregate of 2.1 million incentive stock options to certain directors, officers and consultants at an exercise price of 12 cents per share, exercisable for a period of five years. The options are subject to regulatory approval from the Canadian Securities Exchange. Along with previously granted stock options that remain outstanding and exercisable, the company now has 4.45 million outstanding stock options, representing 6.93 per cent of the 64,209,527 outstanding shares of the company.

About Etruscus Resources Corp.

Etruscus Resources 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-per-cent-owned Rock & Roll property comprising 29,344 hectares near the past-producing Snip mine in northwest B.C.'s prolific Golden Triangle.

We seek Safe Harbor.