XND:CC - Xander Resources Announces Proposed Warrant Extensions
(TheNewswire)
Vancouver, British Columbia / TheNewswire / August 5, 2022 – Xander Resources Inc. (“Xander” orthe “Company”) (TSXV:XND) (OTC:XNDRF) (FSX:1XI) announces that, subject to the approval of the TSX VentureExchange (the “ Exchange ”), it intends to extend theexpiration date of an aggregate of 1,547,890warrants (the “ Warrants ”) originally issued by the Companyon August 24, 2020 and December 22, 2020 pursuant to non-brokeredprivate placements by one year.
The Warrants are exercisable into common shares of theCompany at a price of $0.26 per common share with 784,000 Warrants setto expire on August 24, 2022 and 763,890 Warrants set to expire onDecember 22, 2022.
The Company wishes to extend the expiry date of the784,000 Warrants to 4:00 PM PT on August 24, 2023 andthe 763,890 Warrants to 4:00 PM PT on December 22, 2023 . All other terms and conditions of the Warrants, including theexercise price, remain the same.
About Xander Resources Inc.
Xander Resources Inc. is a Canadian mineral acquisitionand exploration company based in Vancouver, BC, Canada focused ondeveloping accretive gold and battery metal properties within Canada.The company currently has a focus on projects located within theProvinces of Ontario and Quebec.
Xander is exploring for commercially exploitablemineral deposits and is currently focused on deposits located inVal-d’Or, Quebec, including the Senneville Claim Group whichcomprises over 100 sq. km and is contiguous in the south to ProbeMetals’ new discovery, and contiguous in the north to MonarchMining, in close proximity to Eldorado Gold’s (formerly QMX Gold)projects, and east of the North American Lithium Deposit, GreatThunder Gold‘s Chubb Lithium property and East of the SayonaQuebec's Authier Lithium Deposit, all in the Val-d’Or Mining Camp,plus its newly acquired nickel-sulphide project in Timmins, Ontarionear Canada Nickel’s MacDiarmid and Crawford Projects.
ON BEHALF OF THE BOARD OFDIRECTORS
Deepak Varshney, P.Geo., Presidentand CEO
For more information, please email ir@xanderresources.ca , or visit www.xanderresources.ca .
Neither TSX Venture Exchange nor itsRegulation Services Provider (as that term is defined in policies ofthe TSX Venture Exchange) accepts responsibility for the adequacy oraccuracy of this release.
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