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ETR.CN ·

Option Grant January 21 2019

Share Capital & Compensation

ETRUSCUS RESOURCES CORP. GRANT OPTIONS

January 22, 2019

Vancouver, BC: Etruscus Resources Corp. (CSE: ETR) (the “Company” or “Etruscus”), announces

that, pursuant to the terms of the Company's Stock Option Plan, the Company has granted 335,000

options as of yesterday, January 21, 2018 at an exercise price of $0.25 per share exercisable for a period

of five years.

About the Rock & Roll Property

The property was originally staked in 1988 on behalf of the Prime Resources Group -one of Murray

Pezim‟s companies.

In 1990, exploration (line cutting, geochemical soil sampling, mapping, prospecting, ground geophysical

surveys and trenching) led to the discovery of polymetallic, silver -gold-zinc-lead-copper massive sulphide

mineralization that became known as the Black Dog Zone. Notably, the surface expression of the Black

Dog Zone is readily apparent in the geochemical soil sample and ground geophysical data.

In the period immediately following the discovery of the Black Dog Showing, Prime dri lled 94 holes,

totalling 11,063.2 metres in length, in the Black Dog and SRV zone area. Subsequently, 20 holes totalling

3321.6 meters were drilled by several junior companies, mainly to expand the known mineralized zones.

No work has been done on the prop erty since it was returned to the vendors in 2009. Rock & Roll was

then acquired by Etruscus in early 2018.

About Etruscus

Etruscus Resources Corp. is a Vancouver -based exploration company focused on the development of its

100%-owned Rock & Roll Property situated in northwest British Columbia‟s prolific Golden Triangle.

Etruscus trades under the symbol ETR on the Canadian Securities Exchange and currently has

19,394,001 shares issued and outstanding.

On behalf of the Board of Directors:

/s/ “Gordon Lam”

Chief Executive Officer, President and Director

For further information:

Tel: 604-336-9088

Email: [email protected]

Web: www.etruscusresources.com

CAUTION REGARDING FORWARD-LOOKING STATEMENTS

This Press Release may contain statements which constitute „forward -looking‟ statements, including

statements regarding the plans, intentions, beliefs and current expectations of the Company, its directors, or

its officers with respect to the future business activities and operating performance of the C ompany. The

words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar

expressions, as they relate to the Company, or its management, are intended to identify such forward -

looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of

future business activities or performance and involve risks and uncertainties, and that the Company‟s future

business activities may differ materially from those in the forward-looking statements as a result of various

factors. Such risks, uncertainties and factors are described in the periodic filings with the Canadian

securities regulatory authorities, including quarterly and annual Management‟s Discussion and Analysis,

which may be viewed on SEDAR at www.sedar.com. Should one or more of these risks or uncertainties

materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results

may vary materially from those described herein as inten ded, planned, anticipated, believed, estimated or

expected. Although the Company has attempted to identify important risks, uncertainties and factors which

could cause actual results to differ materially, there may be others that cause results not to be as intended,

planned, anticipated, believed, estimated or expected. The Company does not intend, and does not assume

any obligation, to update these forward-looking statements.

Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE)

accepts responsibility for the adequacy or accuracy of this release.