Xander Resources Announces New Advisory Board and Option Grants
XANDER RESOURCES INC.
Xander Resources Announces New Advisory Board and Option Grants
Vancouver, British Columbia / September 28, 2020 - Xander Resources Inc. (TSXV: XND) (FSE:
1XI) (the “Company”) announces that it has formed a new Advisory Board consisting of Michael De hn,
Eric Allard, Donald Baxter and Paul McGuigan. The Company has granted incentive stock options at an
exercise price of $0.26 per share, to purchase a total of (i) 200,000 common shares to the Advisory Board
members for a period of three years, and (ii) 50,000 common shares to a consultant of the Company for a
period of one year, in accordance with the provisions of the Company’s stock option plan.
Michael Dehn – Chief Advisor
Mr. Dehn has over 25 years of solid experience in Canada’s exploration and mining industry. Between
1994 and 2005, he worked as an exploration geologist and later became senior geologist with Goldcorp.
During his 11-year tenure with Goldcorp, Mr. Dehn played a vital role in Goldcorp’s regional exploration
programs within the Red Lake gold district of Northern Ontario, as well as with the Goldcorp challenge,
where all of Goldcorp’s Red Lake Mine data were shared with the public and outside experts had the
opportunity to win prizes totalling $575,000 if they were able to help identify and locate the next six
million ounces of gold within the Red Lake mine. His expertise lies in grassroots to advanced mineral
exploration, and advancing, marketing and financing junior exploration companies with dynamic
potential.
As a geologist, Mr. Dehn is considered by many in the gold mining and exploration industry to be one of
the foremost authorities understanding the various idiosyncrasies of the Red Lake gold camp and the
many surrounding gold districts. In his previous roles with other successful mining and junior exploration
companies, Mr. Dehn has been instrumental in positioning the junior gold exploration company for both
strategic and operational successe s very rapidly under his guidance. Mr. Dehn has proven himself as a
visionary, gold discoverer and trusted adviser, by introducing unique and strategic investor groups, often
outside of the mining arena, to new world -class exploration opportunities within proven and newly
emerging gold camps in Ontario, Canada.
Eric Allard, P. Eng
Mr. Allard is a geological engineer with 20 years’ experience in project and operations management for
exploration mining, oil & gas and construction engineering. Mr. Allard has held various positions as VP
operations in junior mining companies in Canada and Africa and has been managing a geophysical
services company in Canada for the last 10 years. He has participated in all levels of company
management from sales and business ma nagement to technical project management. He is a member in
good standing of the Ordre des Ingénieurs du Québec.
Donald Baxter, P. Eng
Mr. Baxter is one of the premier graphite experts outside of China, having built one of only two
producing graphite mines in North America. Don is presently Chief Executive Officer and Director of
Applied Graphite Technologies. He is also a Director is Ceylon Graphite (TSXV:CYL). Prior to this,
Don served as President, CEO and Executive Director of Alabama Graphite Corp, su ccessfully
completing the company’s disruptive Preliminary Economic Assessment (PEA) and introducing a new,
2
battery-focused strategy. As President and Chief Operating Officer of Focus Graphite Inc., Don led Focus
Graphite to wide recognition in the graphit e industry, updated the company’s PEA and advanced the
company to a completed Feasibility Study. He was also responsible for rapidly advancing the
development of value-added graphite products, namely coated spherical purified graphite for the lithium -
ion battery sector.
Don served as President of Northern Graphite Corporation and was responsible for all technical aspects
relating to the Bissett Creek graphite project, including the company’s Feasibility Study, metallurgical
test work, environmental and min e permitting, as well as developing battery -related graphite products.
Don also served as Mine Superintendent at the Kearney Graphite Mine and was Director of Mining at
Ontario Graphite Ltd. Don holds a degree in Mining Engineering from Queen’s University, is a past
member of the Board of Directors of the National Association of Advanced Technology Batteries
International (NAATBatt International) — a US-based not -for-profit trade association commercializing
advanced electrochemical energy -storage technology for emerging, high -tech applications — and is a
‘Qualified Person’ as defined by National Instrument 43-101 (NI 43-101) guidelines.
Paul McGuigan, P.Geo.
Mr.McGuigan is a Professional Geoscientist, has 45 years of international experience in economic
geology and mineral exploration management, spanning grassroots exploration through to mine feasibility
studies and mining operations. Early in his career, he was employed by IBM Canada Ltd., Geological
Survey of Canada, Pechiney Ugine Kuhlmann, Imperial Oil, and Esso Minerals Canada. For the last
thirty-four years, Mr. McGuigan has operated in West Africa, the Middle East, SW Pacific, and all North
and South America. His geological expertise includes iron oxide -copper-gold (IOCG), volcanogenic
massive sulphide, porphyry Cu -Mo-Au, epithermal and orogenic gold, platinum, and diamond deposits.
He was a founder of Diamond Quest Laboratories. He has held directorship positions in several publicly
listed mining companies and is experienced with corporate governance, multi-party negotiations, public
disclosure, compliance, and fund -raising for mineral exploration and mine development projects. In the
public service, he was a member of the Consulting Practice and the Geoscience Committees of the
Engineers and Geoscientist of BC, and President of the BC Centre for Ability Foundation.
Option Grant to New CEO
As announced earlier today, Mr. James H. Hirst has been appointed the new CEO and a director of the
Company. The Company has granted 125,000 stock options to Mr. Hirst at an exercise price of $0.26 per
share for a period of five years in accordance with the provisions of the Company’s stock option plan.
ON BEHALF OF THE BOARD OF DIRECTORS
Dwayne Yaretz, Corporate Secretary and Director
Tel: (778) 709-3398
Email: [email protected]
Website: www.xanderresources.ca
French translations:
Rémy Scalabrini
Maricom Inc.
Tél : (888) 585-6274
Courriel : [email protected]
3
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.