CCMC.V · 2020-11-23 12:00:00

Xander Resources Announces Appointment of Director and Option Grants

Management Changes Share Capital & Compensation

XANDER RESOURCES INC.

Vancouver, British Columbia / November 23, 2020 - (TSXV:XND) (FSE:1XI) (OTCQB: XNDRF)

(“Xander” or the “Company”) that, following conclusion of the Company’s annual general and special

meeting (the “Meeting”) held on today’s date, Benoit Chotard has been appointed to the Company’s board

of directors effective immediately.

All resolutions presented at the Company’s Meeting were appr oved, including the election of James H.

Hirst, Dwayne Yaretz, Marsha Panar and Benoit Chotard to the board of directors, re-appointment of Dale

Matheson Carr-Hilton Labonte LLC, Chartered Professional Accountants, as auditors of the Company, re-

approval of the stock option plan of the Company and adoption of new articles of incorporation.

Mr. Chotard, has over 25 years of international corporate finance, management and public market expertise.

Mr. Chotard is a Member of “Ordre des ingénieurs du Québec” since 1989. He obtained a bachelor’s degree

in Chemical Engineering in 1989 and a MBA in 1993, both from the University of Sherbrooke. Since

December 2013, Mr. Chotard is Managing Partner for Capital Force United, a corporate finance advisory

corporation that delivers focused advice and transaction expertise, and he was a Partner at Capital Force

from January 2011 to November 2013. Since February 2018, Mr. Chotard as also acted as President & CEO

and Director of Orletto Capital II Inc., a listed company on the TSX-V. From December 2013 to May 2017,

Mr. Chotard acted as President & CEO, and Director of Orletto Capital Inc., a company listed on the TSX-

V. Also, he was Director of Nouveau Monde Mining Enterprises Inc., from April 2012 to November 2012

and of Tetra Bio Pharma Inc., from September 2016 to July 2017, and from June 2018 to June 2019. During

his career, Mr. Chotard spent eight years as Head of the Technology Investment Group of National Bank

Financial Inc.

Additionally, the Company announces that it has granted incentive stock options to purchase a total of

425,000 common shares at an exercise price of $0.15 per share for a period of five years to certain directors

and officers in accordance with the provisions of its stock option plan.

ON BEHALF OF THE BOARD OF DIRECTORS

James Hirst , CEO

Tel: (778) 998-9257

Website: www.xanderresources.ca

For Xander French Inquiries:

Rémy Scalabrini, Maricom Inc.

Tél: (888) 585-6274

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies

of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.