Xander Resources Secures $175K in Private Placement

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

Xander Resources Inc., a Canadian mineral acquisition and exploration company, has successfully completed a non-brokered private placement, raising $175,000 through the sale of 3.5 million units at $0.05 each, with each unit comprising a common share and a purchase warrant. The funds will bolster exploration activities at the company’s Quebec and Ontario properties and provide general working capital. The issued securities are subjected to a four-month statutory hold period.

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