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Gold/Mining/Energy : EET Etruscan Enterprises T -- Ignore unavailable to you. Want to Upgrade?

To: que seria who wrote (154)	9/23/2003 8:51:51 AM
From: Salt'n'Peppa	Read Replies (1) \| Respond to of 281

Sprott buys 6.8 million shares of EET This should put a solid floor of $1.70 on the EET share price. No PP fees, no brokerage fees, no ridiculous attached warrants. WAY TO GO Etruscan! -------------------- biz.yahoo.com. Etruscan Announces CDN$11.56 Million Underwritten Financing Tuesday September 23, 8:43 am ET WINDSOR, NOVA SCOTIA--Etruscan Resources Inc. (TSX: EET - News) has entered into an agreement with Sprott Securities Inc. pursuant to which Sprott has agreed to purchase 6,800,000 common shares of the company at a purchase price of Cdn$1.70 per common shares for total gross proceeds of Cdn$11.56 million. The company plans to use the net proceeds of this financing to purchase the Youga Gold deposits and the rights to the contiguous exploration permits as announced previously on September 9th, 2003 and for general corporate purposes. The transaction is subject to the receipt of all necessary regulatory and stock exchange approvals and closing is expected to occur on or about October 1, 2003. Etruscan Resources Inc. is a diversified Canadian junior mining company that is focused on the exploration and development of gold properties in West Africa and diamond properties in South Africa. The common shares of Etruscan are traded on The TSX Exchange under the symbol "EET". More extensive information on Etruscan can be found on its home page at www.etruscan.com.