NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN Xander Resources Increases Previously Announced Financing
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES
NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN
Xander Resources Increases Previously Announced Financing
October 6, 2021 - Xander Resources Inc. (TSXV: XND) (FSE:1XI) (OTCQB: XNDRF) (“Xander” or
the “Company”) announces that it has increased its previously announced non-brokered private placement
(the “Private Placement”) (see new releases of September 1, 2021 and September 15, 2021) wherein the
Company has increased the Private Placement to include up to 4,200,000 units (each a “ Unit”) of the
Company at a price of $0.10 per Unit for gross proceeds of up to $420,000 (the “Proceeds”).
Each Unit will consist of one common share (a “ Share”) and one transferable share purchase warrant
exercisable at $0.20 per Share for a period of two (2) years from the date of closing of the Private Placement.
Finder’s fees may be paid to qualified parties in accordance with applicable securities laws. The Proceeds
from the Private Placement will be used for exploration on the Company’s portfolio of properties and for
general working capital.
About Xander Resources Inc.
Xander Resources Ltd. is a Canadian mineral acquisition and exploration company based in Vancouver,
BC, Canada. Xander is exploring for commercially exploitable mineral deposits and is currently focused
on deposits located in Val-d’Or, Quebec. Our flagship project is the Senneville Project in the Val-d’Or
Mining Camp. The project comprises over 100 sq. km and is can be divided into two sections: Senneville
East, which is gold -focused and contiguous and adjacent to significant gold projects including Probe
Metals’ new discovery to the South and Monarch Mining’s project to the North, and Senneville West,
which is lithium-focused and in close proximity to North American Lithium’s deposit, which has proven
and probable reserves of 17.06 Mt grading 0.94% Li2O , and near an area undergoing intense exploration
by companies including Sayona Mining, Great Thunder Gold and First Energy that the Quebec government
is developing into a world-class lithium hub.
ON BEHALF OF THE BOARD OF DIRECTORS
Deepak Varshney, P.Geo., President and CEO
Telephone: (236) 607-5490
For more information please visit our website: www.xanderresources.ca
Email:[email protected]
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this
release.
The securities referred to in this news release have not been, nor will they be, registered under the United States Securities Act
of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons
absent U.S. registration or an applicable exemption from the U.S. registration requirements.
This news release does not constitute an offer for sale of securities for sale, nor a solicitation for offers to buy any secu rities.
Any public offering of securities in the United State s must be made by means of a prospectus containing detailed information
about the company and management, as well as financial statements.