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Xander Resources Commences Trading on OTCQB ®

Listings & Exchange

Suite 804, 750 West Pender Street, Vancouver, Briti sh Columbia V6C 2T7

XANDER RESOURCES INC.

Xander Resources Commences Trading on OTCQB ®

Vancouver, British Columbia / October 6, 2020 - Xan der Resources Inc. (TSXV: XND) (FSE: 1XI)

(OTCQB:XNDRF) (the “Company” )) is pleased to announce that, effective October 6, 2 020, it will commence

trading on the OTCQB® under the symbol, “XNDRF”. T he Company has chosen to trade on this US marketpla ce

to provide current and future US-based investors wi th greater access, ease of trading, home country di sclosure,

current financial disclosures and Real-Time Level 2 quotes on www.otcmarkets.com .

“Listing on the OTCQB venture stage market place is an important milestone for the Company,” said Jame s H.

Hirst, CEO of the Company. “Qualifying for OTCQB® is a natural step for the Company towards broadenin g

exposure of our exploration activities in Val d’Or which has been ranked the fourth most attractive mi ning and

exploration region in the world. It also demonstrates our commitment to increasing o ur investor base while

providing our current and future U.S. investors con venient access to the same ease of trading, timely news and

information enjoyed by investors in Canada.”

The Company appointed Burns, Figa and Will, Attorneys, to provide guidance with respect to its eligibi lity to meet

the requirements of the OTCQB and to advise the Com pany on its responsibilities for complying with its U.S.

disclosure obligations under the Securities Act of 1934 and Rule 12g3-2 promulgated thereunder in connection with

the OTCQB listing and the OTCQB standards for international companies.

About Xander Resources:

Xander Resources is a junior exploration firm focus ed on developing accretive gold properties within C anada. The

company currently has a focus on projects located within the Provinces of Ontario and Quebec.

ON BEHALF OF THE BOARD OF DIRECTORS

James H. Hirst, CEO

Tel: 778.709.3398

Email: [email protected]

Website: www.xanderresources.ca

For Xander French Inquiries:

Rémy Scalabrini, Maricom Inc.

Tél: (888) 585-6274

Email: [email protected]

Neither TSX Venture Exchange nor its Regulation Ser vices Provider (as that term is defined in the poli cies of the

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