Xander Resources Announces New CFO and Corporate Secretary

Xander Resources Announces New CFO and Corporate Secretary

Vancouver, British Columbia / May 9, 2023 – Xander Resources Inc. (“Xander” or the “Company”)

(TSXV: XND) (OTCQB: XNDRF) (FSX: 1XI) is pleased to announce the appointment of Deepak

Varshney, the Company’s current President and CEO, as Corporate Secretary of the Company, and Khalid

Naeem as CFO of the Company, effective May 1, 2023.

Khalid Naeem is a Canadian Chartered Professional Accountant (CPA) with over 15 years of financial and

executive experience. Mr. Naeem is also the CFO of Usha Resources Ltd. , Totec Resources Ltd. and

Western Metallica Resources Corp., TSX Venture Exchange listed issuers. Mr. Naeem has extensive

experience in tax and compliance, public and private enterprises’ financial policy, management and internal

financial reporting, including senior roles at junior mining and oil and gas public companies and the

Canadian Revenue Agency.

The Company also announces that Peter Michel and Aaron Atin have ceased as the CFO and Corpor ate

Secretary of the Company, effective April 30, 2023.

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.

We seek Safe Harbor

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.