Xander Resources Initiates Private Placement

Xander Resources (TSE:XND) has released an update.

Xander Resources Inc. is launching a non-brokered private placement aiming to raise up to $500,000 by offering up to 10 million units at $0.05 each. Each unit includes a common share and a warrant, where the warrant allows purchasing an additional share at $0.07 within two years. The company plans to utilize the proceeds for general working capital.

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