Xander Resources Inc. announced a non-brokered private placement of up to 10,000,000 units at an issue price of CAD 0.05 per unit for the gross proceeds of CAD 500,000 on May 30, 2024. Each unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to purchase one additional share at a price of CAD 0.07 for a period of two years from the closing date.

All securities issued will be subject to a statutory hold period of four months plus a day from the closing date and the exchange hold period in accordance with applicable securities legislation. The transaction is Subject to the approval of the TSX Venture Exchange.