(TheNewswire)
Vancouver, British Columbia - TheNewswire - November 23, 2020 - (TSXV:XND) (FSE:1XI) (OTCQB: XNDRF) ("Xander" or the"Company") that, following conclusionof the Company's annual general and special meeting (the" Meeting ") held on today's date, Benoit Chotard has beenappointed to the Company's board of directors effective immediately.
All resolutions presented at the Company's Meeting wereapproved, including the election of James H. Hirst, Dwayne Yaretz,Marsha Panar and Benoit Chotard to the board of directors,re-appointment of Dale Matheson Carr-HiltonLabonte LLC, Chartered Professional Accountants ,as auditors of the Company, re-approval of the stock option plan ofthe Company and adoption of new articles of incorporation.
Mr. Chotard, has over 25 years of internationalcorporate finance, management and public market expertise. Mr. Chotard is a Member of "Ordre desingenieurs du Quebec" since 1989. Heobtained a bachelor's degree in Chemical Engineering in 1989 and a MBAin 1993, both from the University of Sherbrooke. Since December 2013,Mr. Chotard is Managing Partner for Capital Force United, a corporatefinance advisory corporation that delivers focused advice andtransaction expertise, and he was a Partner at Capital Force fromJanuary 2011 to November 2013. Since February 2018, Mr. Chotard asalso acted as President & CEO and Director of Orletto Capital IIInc., a listed company on the TSX-V. From December 2013 to May 2017,Mr. Chotard acted as President & CEO, and Director of OrlettoCapital Inc., a company listed on the TSX-V. Also, he was Director ofNouveau Monde Mining Enterprises Inc., from April 2012 to November2012 and of Tetra Bio Pharma Inc., from September 2016 to July 2017,and from June 2018 to June 2019. During his career, Mr. Chotard spenteight years as Head of the Technology Investment Group of NationalBank Financial Inc.
Additionally, the Company announces that it has grantedincentive stock options to purchase a total of 425,000 common sharesat an exercise price of $0.15 per share for a period of five years tocertain directors and officers in accordance with the provisions ofits stock option plan.
ON BEHALF OF THE BOARD OFDIRECTORS
James Hirst , CEO
Tel: (778) 998-9257
Email: jimh@xanderresources.ca
Website: www.xanderresources.ca
For Xander French Inquiries:
Remy Scalabrini, Maricom Inc.
Tel: (888) 585-6274
Email: rs@maricom.ca
Neither TSX Venture Exchange nor its RegulationServices Provider (as that term is defined in the policies of the TSXVenture Exchange) accepts responsibility for the adequacy or accuracyof this release.
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