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Aberdeen acquires securities in Xander Resources

  • Aberdeen International (OTCPK:AABVF) has acquired 7,142,857 Units of Xander Resources (OTCQB:XNDRF) pursuant to Xander’s non-brokered private placement.
  • Each Unit consists of one common share of Xander and one transferable common share purchase warrant exercisable at a price of $0.10/share until April 29, 2025.
  • Aberdeen now owns 7,142,857 common shares and 7,142,857 warrants, which represents ~10.18% of the outstanding common shares of Xander on an undiluted basis and 18.48% on a diluted basis.
  • Aberdeen acquired the common shares for investment purposes.

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AABVF--
Aberdeen International Inc.
XNDRF--
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