Xiana Mining Inc. announced that further to their news releases of October 24, 2018 and November 13, 2018, the Company has received notice, dated November 24, 2020, from subsidiaries of Glencore plc (Glencore) for Deferred Consideration payment of USD 10 million, which became due on November 13, 2020 as well as a further adjustment for late payment interest at a rate of LIBOR plus 4% on the outstanding amount. Although Glencore has given the Company until November 27, 2020 to rectify the outstanding balance, the Company is not currently in a financial position to meet this obligation.