Mr. Colin Moorhead reports

RESULTS OF 2024 EXTRAORDINARY GENERAL MEETING

As required by Australian Securities Exchange listing Rule 3.13.2 and Section 251AA of the Corporations Act 2001 (Cth), the results of Xanadu Mines Ltd.'s 2024 extraordinary general meeting held today are set out in an attached table, including a summary of the poll voting results and votes by proxies on the items of business considered at the general meeting.

About Xanadu Mines Ltd.

Xanadu is an exploration company operating in Mongolia. The company gives investors exposure to globally significant, large-scale copper-gold discoveries and low-cost inventory growth. Xanadu maintains a portfolio of exploration projects and remains one of the few junior explorers on the ASX or the Toronto Stock Exchange which jointly controls a globally significant copper-gold deposit in its flagship Kharmagtai project. Xanadu is the operator of a 50/50 joint venture with Zijin Mining Group in Khuiten Metals Pte. Ltd., which controls 76.5 per cent of the Kharmagtai project.