Xander Resources Announces Private Placement Offering

Vancouver-based Xander Resources Inc. has declared its plan to initiate a non-brokered private placement. The company aims to issue up to 663,600 common shares, each priced at $0.19, potentially raising $126,084. The offering is contingent upon approval from the TSX Venture Exchange.

This placement benefits from the listed issuer financing exemption under Part 5A of National Instrument 45-106, thereby exempting the securities from hold periods under Canadian securities laws. Interested investors can access the offering document via the company's SEDAR+ profile or its website.

The closing may occur in several stages, with regulatory approvals required. Proceeds will support exploration and general corporate needs. Notably, the offering does not apply to the U.S., ensuring adherence to the United States Securities Act of 1933.