Xtra-Gold Reports Voting Results of Its Special Meeting of Stockholders
2012年11月17日 - 2:38AM
XTRA-GOLD RESOURCES CORP.
(
"Xtra-Gold" or the
"Company") –
(TSX:XTG); (OTCBB:XTGR) is pleased to announce that Proposal 1
authorizing a change of the jurisdiction of incorporation of our
Company from Nevada to the British Virgin Islands (the
"Continuation") was approved by more than 99% of the votes cast at
the Company's special meeting of stockholders held on November 16,
2012. The Company intends to file a plan of conversion and articles
of conversion in Nevada and a memorandum and articles of
association in the British Virgin Islands to affect the
Continuation. The Company's shares will continue to trade on the
TSX, and the Company will issue a further press release and advise
when the Continuation into the British Virgin Islands has become
effective and all regulatory approvals have been obtained.
Property Update
A link to a map depicting the initial Zone 5 trenching and
channel sampling results, which were announced in a news release on
November 12, 2012, has been posted on our web site at
www.xtragold.com (see November 12, 2012 news
release).
About Xtra-Gold Resources Corp.
Xtra-Gold is a gold exploration company with a substantial land
position in the Kibi greenstone belt ("Kibi Gold Belt") located in
Ghana, West Africa. The Kibi Gold Belt, which exhibits many
similar geological features to Ghana's main gold belt, the Ashanti
Belt, has been the subject of very limited modern exploration
activity targeting lode gold deposits as virtually all past gold
mining activity and exploration efforts focused on the extensive
alluvial gold occurrences in many river valleys throughout the Kibi
area.
Xtra-Gold holds five (5) Mining Leases totaling approximately
226 sq km (22,600 ha) at the northern extremity of the Kibi Gold
Belt. The Company's exploration efforts to date have focused
on the Kibi Project located on the Apapam Concession (33.65 sq km),
along the eastern flank of the Kibi Gold Belt. Xtra-Gold's Kibi
Project consists of an over 5.5 km long mineralized trend
delineated from gold-in-soil anomalies, geophysical
interpretations, trenching and drilling along the northwest margin
of the Apapam Concession.
Forward-Looking Statements
The TSX does not accept responsibility for the adequacy or
accuracy of this release. No stock exchange, securities
commission or other regulatory authority has approved or
disapproved the information contained herein. This News
Release includes certain "forward-looking statements". These
statements are based on information currently available to the
Company and the Company provides no assurance that actual results
will meet management's expectations. Forward-looking
statements include estimates and statements that describe the
Company's future plans, objectives or goals, including words to the
effect that the Company or management expects a stated condition or
result to occur. Forward-looking statements may be identified
by such terms as "believes", "anticipates", "expects", "estimates",
"may", "could", "would", "will", or "plan". Since forward-looking
statements are based on assumptions and address future events and
conditions, by their very nature they involve inherent risks and
uncertainties. Actual results relating to, among other things,
results of exploration, project development, reclamation and
capital costs of the Company's mineral properties, and the
Company's financial condition and prospects, could differ
materially from those currently anticipated in such statements for
many reasons such as: changes in general economic conditions and
conditions in the financial markets; changes in demand and prices
for minerals; litigation, legislative, environmental and other
judicial, regulatory, political and competitive developments;
technological and operational difficulties encountered in
connection with the activities of the Company; and other matters
discussed in this news release. This list is not exhaustive of
the factors that may affect any of the Company's forward-looking
statements. These and other factors should be considered
carefully and readers should not place undue reliance on the
Company's forward-looking statements. The Company does not
undertake to update any forward-looking statement that may be made
from time to time by the Company or on its behalf, except in
accordance with applicable securities laws.
CONTACT: Paul Zyla, Chief Executive Officer
Telephone: 416 366-4227
E-mail: info@xtragold.com
Website: www.xtragold.com
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