Withdrawal of Put Option Resolution and Cancellation of EGM

TORONTO, Canada, May 26, 2025 (GLOBE NEWSWIRE) -- Xanadu Mines Ltd (ASX:XAM, TSX:XAM) (Xanadu or the Company) refers to: the announcement dated 5 May 2025 in relation to an Extraordinary General Meeting (EGM) to be held on 4 June 2025;the announcement dated 19 May 2025 in relation to the entry into a Bid Implementation Agreement (BIA) Bastion Mining Pte Ltd (Bastion) in respect of a recommended off-market takeover offer; andthe announcement earlier today in respect of the completion of the A$17.2 million pl ...