Etna Resources Inc. Announces the Appointment of TRU Group

Etna Resources Inc. ("Etna") (TSX VENTURE:ETN) is pleased to announce that it
has retained the TRU Group Inc. ("TRU Group") who are leading technical experts
within the lithium mining sector. TRU Group (www.trugroup.com), based in
Toronto, Canada, and Tucson, USA, are industrial management and engineering
consultants with a strong capability in lithium project development. The firm is
a world leader in resource evaluation, salar exploitation, brine and mineral
lithium extraction and processing technologies - those in use, prospective, and
leading edge. TRU Group has evaluated, engineered and helped to construct most
of the known existing lithium salar operations in the world and has advised on a
wide variety of lithium resource, engineering, process, business and investment
issues.


Etna has recently entered into a Securities Exchange Agreement with Sociedad
Gareste Limitada ("Gareste") whereby, upon closing of the transaction, Etna will
obtain interests in a total of nine lithium salars in Chile. Gareste is a
private Chilean company established in the 1990s and engaged in the business of
mineral exploration in Chile. The existing portfolio of rights in the nine
salars to be transferred includes surface brine lakes or surface flow at Lagunas
Verde, Lagunas Bravas and Rio Salado/Pedernales, and six additional lithium
brine projects, all located in the mineral-rich Atacama Region III. The rights
in these nine lithium salars cover a cumulative area in excess of 11,500
hectares, all accessible via serviceable roads. It is believed that the salars
collectively carry the potential to host lithium in three distinct brine types:
surface water, shallow and deep brines.


On Behalf of the Board,

ETNA RESOURCES INC.

Jerry A. Minni, Director & Chief Financial Officer

This press release contains projections and forward-looking information that
involve various risks and uncertainties regarding future events. Such
forward-looking information can include without limitation statements based on
current expectations involving a number of risks and uncertainties and are not
guarantees of future performance of the Company such as the statement that (i)
the closing of the acquisition will occur; and (ii) the belief that the
Properties may carry the potential to host lithium in three distinct brines
types. There are numerous risks and uncertainties that could cause actual
results and the Company's plans and objectives to differ materially from those
expressed in the forward-looking information, including the (i) inability to
obtain Exchange approval and close the acquisition and financing for any reason;
(ii) adverse market conditions; (iii) a decrease in demand for and price of
lithium; and (iv) general uncertainties with respect to mineral exploration in
general. Actual results and future events could differ materially from those
anticipated in such information. These and all subsequent written and oral
forward-looking information are based on estimates and opinions of management on
the dates they are made and are expressly qualified in their entirety by this
notice.


THIS NEWS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN
OFFER TO BUY ANY OF THE SECURITIES IN THE UNITED STATES. THE SECURITIES HAVE NOT
BEEN AND WILL NOT BE REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933,
AS AMENDED (THE "U.S. SECURITIES ACT"), OR ANY STATE SECURITIES LAWS AND MAY NOT
BE OFFERED OR SOLD WITHIN THE UNITED STATES OR TO "U.S. PERSONS", AS SUCH TERM
IS DEFINED IN REGULATION S UNDER THE U.S. SECURITIES ACT, UNLESS AN EXEMPTION
FROM SUCH REGISTRATION REQUIREMENTS IS AVAILABLE.

Etna Resources Com Npv (TSXV:ETN)
과거 데이터 주식 차트
부터 6월(6) 2024 으로 7월(7) 2024