2022-06-30 08:43:34
Toronto, Ontario–(Newsfile Corp. – June 30, 2022) – Xtra-Gold Resources Corp. (TSX: XTG) (OTCQB: XTGRF) (“Xtra-Gold” or the “Company”) – is pleased to announce the voting results of its Annual Special Meeting (the “ASM”) of shareholders of the Company (the “Shareholders”) held on June 30, 2022. A total of 28,781,407 common shares representing 61.79% of the issued and outstanding shares of the Company were voted at the ASM. Resolutions relating to the following matters were approved by a majority of the votes cast at the ASM.
Appointment of Auditors
Harbourside CPA, Chartered Accountants were appointed as the auditors of the Company for the ensuing year.
Election of Directors
The number of directors to be elected to the board of directors of the Company (“Board”) was set at five. The following nominees proposed by management were elected as directors of the Company to hold office until the next annual meeting of Shareholders or until their successors is elected or appointed.
| DIRECTOR | VOTES FOR | % | VOTES WITHHELD | % |
| Peter Minuk | 27,431,490 | 99.85% | 41,313 | 0.15% |
| James Schweitzer | 27,389,890 | 99.70% | 36,763 | 0.30% |
| James Longshore | 27,434,690 | 99.86% | 38,113 | 0.14% |
| Denis Laviolette | 27,397,290 | 99.73% | 75,513 | 0.27% |
| Hans Morsches | 27,397,390 | 99.73% | 75,413 | 0.27% |
Victor Nkansa, will continue in his role as Chief Financial Officer.
Yves P. Clement, P.Geo., will continue in his role as Vice-President, Exploration.
Stock Option Matters
The Shareholders voted 97.46% in favor of the Amendment to the Stock Option Plan. The Shareholders also voted 97.45% in favor of the Extension of Option Period to certain outstanding Stock Options.
Contact Information
For further information, please contact:
James Longshore: President and CEO
Telephone: 416 628-2881
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Website: www.xtragold.com