Etruscan announces results of shareholders meeting

    HALIFAX, June 3 /CNW/ - Etruscan Resources Inc. (TSX-EET) announced today
that its Annual and Special General Meeting of Shareholders was held on
Thursday, May 28, 2009. Over 67% of Etruscan's shareholders were represented
in person or by proxy at the meeting. Etruscan is pleased to announce that
Eddie Lui, Gerald McConnell, Joel Schneyer, Rick van Nieuwenhuyse, William
Young, Walt Tyler, Michael Page and Stephen Stine were re-elected directors of
the Company and that all items of business were approved by the shareholders
including the extension of the Company's Shareholder Rights Plan to 2012.
    The Shareholders' Meeting was adjourned to June 29, 2009 at which time
shareholders will be asked to consider a resolution related to the recently
announced US$5 million private placement with 2190776 Ontario Inc. and Conus
Partners Inc. (see Press Release dated May 28, 2009). An addendum to the
Management Information Circular is presently being prepared, a copy of which
will be available on the Company's website, SEDAR and upon request from the
Company. The adjourned meeting will be held at the offices of McInnes Cooper,
1969 Upper Water Street, Purdy's Wharf Tower II, Halifax, Nova Scotia on
Monday, June 29, 2009 at 10:00 a.m. (AST).

    About Etruscan Resources Inc.

    Etruscan Resources Inc. is a gold focused Canadian junior mining company
with dominant land positions in district scale gold belts covering more than
13,000 square kilometers in West Africa. Its principal gold mine development
projects include the Youga Gold Project in Burkina Faso (latest press release
December 4, 2008), the Agbaou Gold Project in Côte d'Ivoire (latest press
release dated December 18, 2008), and the Finkolo Gold Project in Mali (latest
press release dated July 2, 2008). Advanced and early stage exploration
projects are on-going in Burkina Faso, Mali, Côte d'Ivoire; Ghana and Namibia
(see press dated May 6, 2008). Etruscan also has a 53.7% interest in Etruscan
Diamonds Limited which has a dominant land position in the Ventersdorp Diamond
District located in South Africa where it is developing the Blue Gum Diamond
Project (press release dated December 12, 2008). 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

    This press release may contain certain forward-looking statements which
involve known and unknown risks, uncertainties and other factors which may
cause the actual results, performance or achievements of the Company to be
materially different from any future results, performance or achievements
expressed or implied by such forward-looking statements. Forward-looking
statements may include statements regarding exploration results and budgets,
mineral reserve and resource estimates, work programs, capital expenditures,
mine operating costs, production targets and timetables, future commercial
production, strategic plans, market price of precious metals or other
statements that are not statements of fact. Although the Company believes the
expectations reflected in such forward-looking statements are reasonable, it
can give no assurance that such expectations will prove to have been correct.
Various factors that may affect future results include, but are not limited
to: fluctuations in market prices of precious metals; foreign currency
exchange fluctuations; risks relating to mining exploration and development
including reserve estimation and costs and timing of commercial production;
requirements for additional financing; political and regulatory risks, and
other risks and uncertainties described in the Company's annual information
form filed with the Canadian Securities regulators on SEDAR (
Accordingly, readers should not place undue reliance on forward-looking


For further information:

For further information: Richard Gordon, Investor Relations, (877)
465-3674, Fax (902) 832-6702,

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