Mr. Deepak Varshney reports

XANDER ANNOUNCES CLOSING OF NON-BROKERED PRIVATE PLACEMENT

Further to its news release of Feb. 3, 2025, Xander Resources Inc. has closed its non-brokered private placement raising gross proceeds of $126,084 through the issuance of 663,600 common shares at 19 cents per share.

The offering was conducted under the listed issuer financing exemption as per Part 5A of National Instrument 45-106, Prospectus Exemptions, to qualified investors in Canada. As a result, the securities issued are not subject to a hold period under the prevailing Canadian securities laws.

In connection with the offering, the company filed an offering document dated Feb. 3, 2025, which is available on the company's SEDAR+ profile and on Xander's website.

No finder's fees were paid in connection with the offering. The company intends to use the net proceeds of the offering exploration activities and for general corporate and working capital purposes and as more particularly set out in the offering document.

The company confirms that it is continuing with its non-brokered private placement of up to 5,263,158 units at 19 cents per unit for gross proceeds of up to $1-million, as announced on Feb. 4, 2025.

About Xander Resources Inc.

Xander 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.