Business
Xander Resources Increases Previously Announced Financing
(TheNewswire) TheNewswire - October 6, 2021 - Xander Resources In...

About this update from Core Critical Metals Corp.
[{"type":"text","content":"Xander Resources Increases Previously Announced Financing\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n TheNewswire -\n \n \n October 6, 2021\n \n \n -\n \n \n Xander Resources\nInc\n \n \n .\n \n \n (TSXV:XND) (FSE:1XI)\n \n \n (OTC:XNDRF)\n \n \n (“\n \n \n Xander\n \n \n ” or the\n“\n \n \n Company\n \n \n ”)\n \n \n announces that it has increased\nits previously announced non-brokered private placement (the\n“\n \n \n Private\nPlacement\n \n \n ”) (see new releases of September 1,\n2021 and September 15, 2021) wherein the Company has increased the\nPrivate Placement to include up to 4,200,000 units (each a\n“\n \n \n Unit\n \n \n ”) of the Company at a price of $0.10 per Unit for gross\nproceeds of up to $420,000 (the “\n \n \n Proceeds\n \n \n ”).\n \n \n \n \n Each Unit will consist of one common share (a\n“\n \n \n Share\n \n \n ”) and one transferable share purchase warrant exercisable\nat $0.20 per Share for a period of two (2) years from the date of\nclosing of the Private Placement.\n \n \n \n \n Finder’s fees may be paid to qualified parties in\naccordance with applicable securities laws. The Proceeds from the\nPrivate Placement will be used for exploration\n \n \n on the Company’s portfolio of properties\n \n \n and for general working capital.\n \n \n \n \n About Xander Resources Inc.\n \n \n \n \n Xander Resources Ltd. is a Canadian mineral acquisition\nand exploration company based in Vancouver, BC, Canada. Xander is\nexploring for commercially exploitable mineral deposits and is\ncurrently focused on deposits located\n \n \n in\n \n \n Val-d’Or, Quebec\n \n \n . Our\nflagship project is the Senneville Project in the\n \n \n Val-d’Or Mining Camp\n \n \n . The project comprises over\n \n \n 100 sq. km\n \n \n and is can\nbe divided into two sections: Senneville East, which is gold-focused\nand contiguous and adjacent to significant gold projects including\n \n \n Probe Metals’\n \n \n new discovery to the South and\n \n \n Monarch Mining’s\n \n \n project to the North, and Senneville West, which is\nlithium-focused and in close proximity to North American Lithium’s\ndeposit, which has proven and probable reserves of 17.06 Mt grading\n0.94% Li2O, and near an area undergoing intense...