Xander Resources Inc. announced a non brokered private placement of 17,142,857 flow-through units at a price of CAD 0.035 per flow through unit for gross proceeds of CAD 600,000 on November 17, 2022. Each flow through unit will consist of one flow-through common share of the company and one transferable common share purchase warrant exercisable at CAD 0.07 per common share for a period of two years from the closing date of the transaction. The transaction is subject to the approval of the TSX Venture Exchange.

Finder's fees may be payable on closing of the transaction to qualified parties in accordance with the policies of the exchange. All securities issued in the transaction are subject to the exchange hold period, plus a hold period of four months and one day following the closing date of the transaction.