TSXV:XND

Xander Announces Issuance of Shares

 

(TheNewswire)

   

Vancouver, British Columbia TheNewswire - May 3, 2021 - Xander Resources Inc. (TSXV:XND) (FSE:1XI) (OTC:XNDRF) ("Xander" or the "Company") announces that it has issued 467,000 common shares (the " Shares ") at a price of $0.20 per Share to Silverwater Capital Corp. (" Silverwater Capital ") pursuant to the option to purchase letter agreement (the " Agreement ") dated January 8, 2021 with respect to 35 mineral claims located in Waswanipi, Quebec (known as the " Bachelor North Property ").

 

  Pursuant to the Agreement, Silverwater Capital granted the Company an exclusive option to purchase a 100% interest in the Bachelor North Property in exchange for a combination of Shares and cash.  The first issuance of 100,000 Shares to Silverwater Capital was completed on February 4, 2021.  The issuance of the 467,000 Shares represents the second payment to Silverwater Capital, which Shares are subject to a four month hold period pursuant to securities laws in Canada.  

 

  About Xander Resources:  

 

  Xander Resources is a junior exploration company focused on developing accretive gold properties within Canada. The Company currently has a focus on projects located in three gold camps on the Abitibi Greenstone Belt within the Province of Quebec.  

 

  ON BEHALF OF THE BOARD OF DIRECTORS  

 

  James Hirst, CEO
Tel: (778) 998-9257
Email:
    jimh@xanderresources.ca     
Website:
    www.xanderresources.ca    

 

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

 

  The securities referred to in this news release have not been, 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 absent U.S. registration or an applicable exemption from the U.S. registration requirements.  

 

  This news release does not constitute an offer for sale of securities for sale, nor a solicitation for offers to buy any securities.  Any public offering of securities in the United States must be made by means of a prospectus containing detailed information about the company and management, as well as financial statements.  

 

  NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN  

 

Copyright (c) 2021 TheNewswire - All rights reserved.

 

News Provided by TheNewsWire via QuoteMedia

The Conversation (0)
Bert Dohmen

Bert Dohmen: Gold, Silver Key as Stock Market Bull Trap Looms

Bert Dohmen, founder and CEO of Dohmen Capital Research, sees physical gold and silver as key safe havens as a potential bull trap in the broad stock market plays out.

"We said we're probably going to go to a new high in a major, widely watched index like the S&P 500 (INDEXSP:.INX). It's going to be by a small amount a new high, and that's going to close the bull trap," he said.

Keep reading...Show less
Gold bars on financial charts and a notebook.

Top 5 ASX Gold Stocks of 2025

Gold continued to perform well through the second quarter of 2025, reaching a new all-time high of AU$5,425 per ounce on April 22.

The price surge has occurred amid volatile equity and financial markets since the start of the year, driven by concerns over a global trade war and escalating geopolitical tensions in the Middle East.

The rising gold price has also been supported by uncertainty over a looming debt crisis in the United States. Some investors have turned away from dollar-denominated haven assets, such as US Treasuries, in favour of precious metals like gold.

Keep reading...Show less
Gold nugget displayed on an antique balance scale with a dark background.

Meeka Metals Reports First Gold Pour at Murchison Project

Meeka Metals (ASX:MEK) has poured the first gold at its flagship Murchison project in Western Australia.

The pour happened on Tuesday (July 1), and in a Wednesday (July 2) press release, the company said the project’s production is in line with schedule, happening within 12 months of breaking ground.

Murchison sits near several multimillion-ounce gold mines and hosts a large, high-grade resource of 1.2 million ounces at 3 grams per tonne (g/t) gold on granted mining leases.

Keep reading...Show less
Sun Summit Minerals (TSXV:SMN)

Sun Summit Minerals

Keep reading...Show less

Latest Press Releases

Related News

×