File: '\\swfile\EmailIn\20250214 130600 Attachment XND NR 2025 02 14 - Close LIFE PP.docx'

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Xander Announces Closing of Non-Brokered Private Placement

Vancouver, British Columbia / February 14, 2025 - Xander Resources Inc. ("Xander" or the "Company") (TSXV: XND) (FSX: 1XI) is pleased to announce that, further to its news release of February 3, 2025, it has closed its non-brokered private placement (the "Offering") raising gross proceeds of $126,084 through the issuance of 663,600 common shares (the "Shares") at $0.19 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 February 3, 2025, which is available on the Company's SEDAR+ profile at www.sedarplus.ca and on www.xanderresources.com.

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 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.

The Company confirms that it is continuing with its non-brokered private placement of up to 5,263,158 units (each a "Unit") at $0.19 per Unit for gross proceeds of up to $1,000,000, as announced on February 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.

ON BEHALF OF THE BOARD OF DIRECTORS

Deepak Varshney, P.Geo., President and CEO

For more information, please email info@xanderresources.ca, or visit www.xanderresources.ca.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.