Business
Xander Resources Issuance of Shares Pursuant to Option Agreement
(TheNewswire) NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U...
About this update from Core Critical Metals Corp.
[{"type":"text","content":"Xander Resources Issuance of Shares Pursuant to Option Agreement\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n NOT FOR DISSEMINATION IN\nTHE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND\nDOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN\n \n \n \n \n Vancouver, British Columbia –\n \n \n TheNewswire -\n \n \n November 10, 2022 –\n \n \n Xander Resources Inc. (“Xander” or the\n“Company”) (TSXV:XND) (OTC:XNDRF) (FSX:1XI)\n \n \n announces\n \n \n that\n \n \n it\nis proceeding with the issuance of 500,000 common shares (the\n“\n \n \n Shares\n \n \n ”) at a deemed price of $0.04 per Share owing to the\noptionors with respect to the option agreement dated October 20, 2021,\nas amended, for the Company’s Nickel Property.\n \n \n \n \n Additionally, the Company has made cash payments to the\noptionors totalling $50,000 for third payment.\n \n \n The issuance of the Shares and the cash payment represents\nthe balance of the third payment owing to the Vendors.  The Shares\nare subject to a mandatory hold period of four months and one day and\nthe TSX Venture Exchange hold period which expires on March 11,\n2023.\n \n \n \n \n About Xander Resources Inc.\n \n \n \n \n Xander Resources Inc. is a Canadian mineral acquisition\nand exploration company based in Vancouver, BC, Canada focused on\ndeveloping accretive gold and battery metal properties within Canada.\nThe company currently has a focus on projects located within the\nProvinces of Ontario and Quebec.\n \n \n \n \n Xander is exploring for commercially exploitable\nmineral deposits and is currently focused on deposits located in\nVal-d’Or, Quebec, including the Senneville Claim Group which\ncomprises over 100 sq. km and is contiguous in the south to Probe\nMetals’ new discovery, and contiguous in the north to Monarch\nMining, in close proximity to Eldorado Gold’s (formerly QMX Gold)\nprojects, and east of the North American Lithium Deposit, Great\nThunder Gold’s Chubb Lithium property and East of the Sayona\nQuebec's Authier Lithium Deposit, all in the Val-d’Or Mining Camp,\nplus its newly acquired nickel-sulphide project in Timmins, Ontario\nnear Canada Nickel’s MacDiarmid and Crawford Projects.\n ...