NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN Xander Resources Private Placement Extension
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 Private Placement Extension
Vancouver, British Columbia / April 20, 2022 – Xander Resources Inc. (“Xander” or the “Company”)
(TSXV: XND) (OTCQB: XNDRF) (FSX: 1XI) announces that it has received an extension from the TSX
Venture Exchange (the “ Exchange”) to close its previously announced non -brokered private placement
(the “Private Placement”) and anticipates closing on or before Friday, April 29, 2022.
Further details on the Private Placement, including the total aggregate number of units and flow -through
units to be issued, aggregate proceeds to be raised, finder’s fees to be paid, insider participation and use of
proceeds, will be announced following the closing of the Private Placement.
Closing of the Private Placement remains subject to the final approval of the Exchange.
About Xander Resources Inc.
Xander Resources Inc. is a Canadian mineral acquisition and exploration company based in Vancouver,
BC, Canada focused on developing accretive gold and battery metal properties within Canada. The
company currently has a focus on projects located within the Provinces of Ontario and Quebec.
Xander is exploring for commercially exploitable mineral deposits and is currently focused on deposits
located in Val-d’Or, Quebec, including the Senneville Claim Group which comprises over 100 sq. km and
is contiguous in the south to Probe Metals’ new discovery, and contiguous in the north to Monarch Mining,
in close proximity to Eldorado Gold’s (formerly QMX Gold) projects, and east of the North American
Lithium Deposit, Great Thunder Gold‘s Chubb Lithium property and East of the Sayona Quebec's Authier
Lithium Deposit, all in the Val -d’Or Mining Camp, plus its newly acquired nickel -sulphide project in
Timmins, Ontario near Canada Nickel’s MacDiarmid and Crawford Projects.
ON BEHALF OF THE BOARD OF DIRECTORS
Deepak Varshney, P.Geo., President and CEO
For more information, please email [email protected], or visit www.xanderresources.ca.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-looking statements:
This news release includes "forward-looking information" under applicable Canadian securities legislation
including, but not limited to, the anticipated closing of the Transaction and private placement. Such
forward-looking information reflects management's current beliefs and are based on a number of estimates
and assumptions made by and information currently available to the Company that, while considered
reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the
actual results and future events to differ materially from those expressed or implied by such forward-
looking information. Readers are cautioned that such forward-looking information are neither promises
nor guarantees, and are subject to known and unknown risks and uncertainties including, but not limited
to, general business, economic, competitive, political and social uncertainties, uncertain and volatile equity
and capital markets, lack of available capital, actual results of exploration activities, environmental risks,
future prices of base and other metals, operating risks, accidents, labour issues, delays in obtaining
governmental approvals and permits, and other risks in the mining industry. There are no assurances that
the Company will successfully complete the Transaction and the private placement on the terms
contemplated or at all. All forward-looking information contained in this news release is qualified by these
cautionary statements and those in our continuous disclosure filings available on SEDAR at
www.sedar.com. Accordingly, readers should not place undue reliance on forward-looking information.
The Company disclaims any intention or obligation to update or revise any forward-looking information,
whether as a result of new information, future events or otherwise, except as required by law.
The Company is presently an exploration stage company. Exploration is highly speculative in nature,
involves many risks, requires substantial expenditures, and may not result in the discovery of mineral
deposits that can be mined profitably. Furthermore, the Company currently has no reserves on any of its
properties. As a result, there can be no assurance that such forward-looking statements will prove to be
accurate, and actual results and future events could differ materially from those anticipated in such
statements.
The securities referred to in this news release 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 applicable securities laws of any state of the United States, and
may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons (as such term is
defined in Regulation S under the U.S. Securities Act) or persons in the United States unless registered under the U.S.
Securities Act and any other applicable securities laws of the United States or an exemption from such registration
requirements is available.
This press release does not constitute an offer to sell or a solicitation of an offer to buy any of these securities within any
jurisdiction, including the United States. Any public offering of securities in the United States must be made by means of
a prospectus containing detailed information about the company and management, as well as financial statements.