Xander Resources Executes Amendment No. 1 with Troubadour

Xander Resources Executes Amendment No. 1 with Troubadour Vancouver, British Columbia / June 12, 2024 – Xander Resources Inc. (“Xander” or the “Company”) (TSXV: XND) (FSX: 1XI) announces that further to its press release dated May 21, 2024, the Company has executed Amendment No. 1 to the Mineral Option Agreement (the “Agreement”) dated May 21, 2024 which amends the agreement as follows:

• The Company will receive 2,000,000 of the 2,500,000 shares issued by Troubadour Resources Inc. at each of the payments scheduled to occur upon signing and at or before the 6 month anniversary of the signing of the Agreement. An arms-length party will receive 500,000 shares, i.e., 20% of the payment, for each of the payments. The total consideration due remains a total of 5,000,000 shares of Troubadour Resources Inc to earn 100%.
• Any share issuances contemplated under the Agreement will only be made if they will not result in either the Company of the arms-length party owning more than 10% of the issued shares of Troubadour Resources Inc.

All other terms of the Agreement remain the same.

The Agreement, including the issuance of shares, remains subject to the approval of the TSX Venture Exchange.

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. Xander is exploring for commercially exploitable mineral deposits and is currently focused on deposits located in Val d'Or, Que., including the Senneville claim group, which comprises over 100 square kilometres and is contiguous in the south to Probe Metals' new discovery and contiguous in the north to Monarch Mining, in close proximity to the Crawford project.

ON BEHALF OF THE BOARD OF DIRECTORS Deepak Varshney, P.Geo., President and CEO

For more information, please email [email protected], 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.