XANDER RESOURCES INC. FORM 51-102F3
MATERIAL CHANGE REPORT
Item 1: Name and Address of Reporting Issuer
Xander Resources Inc. (the "Company")
Suite 400 - 1681 Chestnut Street
Vancouver, BC V6J 4M6
Item 2: Date of Material Change
August 16, 2022
Item 3: News Release
A news release was issued and disseminated on August 5, 2022 and filed on SEDAR (www.sedar.com).
Item 4: Summary of Material Changes
The Company announced that, subject to the approval of the TSX Venture Exchange (the "Exchange"), it intends to extend the expiration date of an aggregate of 1,547,890 warrants (the "Warrants").
Item 5: Full Description of Material Change
The Company announced that, subject to the approval of the Exchange, it intends to extend the expiration date of an aggregate of 1,547,890 Warrants originally issued by the Company on August 24, 2020 and December 22, 2020 pursuant to non-brokered private placements by one year.
The Warrants are exercisable into common shares of the Company at a price of $0.26 per common share with 784,000 Warrants set to expire on August 24, 2022 and 763,890 Warrants set to expire on December 22, 2022.
The Company wishes to extend the expiry date of the 784,000 Warrants to 4:00 PM PT on August 24, 2023 and the 763,890 Warrants to 4:00 PM PT on December 22, 2023. All other terms and conditions of the Warrants, including the exercise price, remain the same.
The Company received Exchange approval to the extension of the expiry dates of the Warrants on August 16, 2022.
Item 6: Reliance on subsection 7.1(2) or (3) of National Instrument 51-102
Not applicable.
Item 7: Omitted Information
None.
Item 8: Executive Officer
Deepak Varshney, CEO ir@xanderresources.ca
Item 9: Date of Report
August 16, 2022.
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Disclaimer
Xander Resources Inc. published this content on 16 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 August 2022 22:13:08 UTC.
