Core Critical Metals Corp. — Capital/Financing Update 2020

May 5, 2020

May 4, 2020

XANDER RESOURCES INC.

Suite 3302 ‐ 939 Homer Street Vancouver, BC V6B 2W6

FOR IMMEDIATE RELEASE

Xander Announces Stock Option Grant

Xander Resources Inc. (TSX‐V: XND) (the “ Company ”) wishes to announce that the board of directors has approved the grant of 1,100,000 stock options to officers, directors and consultants (collectively, the “Optionees”), at an exercise price of $0.05 per common share in accordance with the Company’s Stock Option Plan. Each stock option granted to the Optionees has a term of 5 years and will expire on May 4, 2025.

On behalf of the Board of Directors,

“Dwayne Yaretz” Dwayne Yaretz, Chief Executive Officer Tel: (604) 647‐2291 Email: dyaretz@gmail.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.