Mr. James Longshore reports

XTRA-GOLD REPORTS VOTING RESULTS OF ANNUAL GENERAL MEETING OF SHAREHOLDERS

Xtra-Gold Resources Corp. has released the voting results of its annual general meeting of shareholders of the company held on June 29, 2023. A total of 31,975,160 common shares representing 68.86 per cent of the issued and outstanding shares of the company were voted at the AGM. Resolutions relating to the following matters were approved by a majority of the votes cast at the AGM.

Appointment of auditors

BF Borgers, CPA PC, chartered accountants, was appointed as the auditor 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 was set at six. The nominees herein 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.

Yves P. Clement, PGeo, will continue in his role as vice-president, exploration.

Stock option plan

The shareholders voted 96.30 per cent in favour of the unallocated stock options to be granted under the company's stock option plan.