Maxim Finskiy Acquires Additional Securities of Etruscan Resources Inc.

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    • Jan 2009
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    Maxim Finskiy Acquires Additional Securities of Etruscan Resources Inc.

    MOSCOW, RUSSIA -- (Marketwire) -- 06/01/09 -- Maxim Finskiy ("Finskiy") announces that Finskiy has indirectly acquired in a private placement transaction, for cash consideration of U.S. $3,000,000 (Cdn.$3,336,000), beneficial ownership of a senior unsecured convertible promissory note (the "Note") of Etruscan Resources Inc. ("Etruscan") in the principal amount of U.S. $3,000,000, together with warrants (the "X Warrants") exercisable to purchase an aggregate of 4,630,760 common shares of Etruscan ("Common Shares") at a price of $0.3602 per share until May 28, 2011 and a second tranche of warrants (the "Y Warrants"), exercisable commencing November 24, 2009 until May 28, 2011,

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