Xander Resources Launches LIFE Private Placement: A Strategic Move for Growth

Xander Resources Inc. (TSXV:XND) (FSX:1XI) (OTC:XNDRF) has announced its intention to complete a non-brokered private placement, subject to the approval of the TSX Venture Exchange. The company aims to issue up to 663,600 common shares at a price of $0.19 per share, raising up to $126,084 in gross proceeds. This offering is being conducted under the listed issuer financing exemption as per Part 5A of National Instrument 45-106 - Prospectus Exemptions.

The Offering Document related to this Offering is available on the Company's SEDAR+ profile at www.sedarplus.ca and on www.xanderresources.com. Potential investors are advised to thoroughly review this document prior to making any investment decisions.

Closing of the Offering may take place in one or more tranches as determined by the Company and is subject to certain conditions, including the receipt of all necessary regulatory approvals, including approval from the Exchange. Finders' fees may be paid to qualified parties in connection with the Offering pursuant to the Policies of the Exchange. The Company intends to use the net proceeds of the Offering for exploration activities and for general corporate and working capital purposes, as more particularly set out in the Offering Document.

The securities issued pursuant to the Offering have not, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons in the absence of U.S. registration or an applicable exemption from the U.S. registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful.

Xander Resources is a Canadian mineral acquisition and exploration company based in Vancouver, B.C., 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.



The LIFE private placement is a strategic move for Xander Resources, allowing the company to raise funds for exploration activities and general corporate purposes without the need for a prospectus. This exemption is designed to provide reporting issuers with a more efficient and cost-effective way to raise capital, while still maintaining investor protection.

By utilizing the LIFE exemption, Xander Resources can quickly access the capital it needs to advance its exploration efforts and maintain its strong financial position. This is particularly important for a company focused on exploration, as it allows Xander to fund its projects without the delay and expense associated with a traditional prospectus offering.

In conclusion, Xander Resources' LIFE private placement is a strategic move that aligns with the company's long-term investment strategy and business objectives. By raising funds through this exemption, Xander can continue to explore for commercially exploitable mineral deposits and develop accretive gold and battery metal properties within Canada.