Mr. James Longshore reports

XTRA-GOLD REPORTS Q3 2026 FINANCIAL RESULTS AND CEO UPDATE

Xtra-Gold Resources Corp. has provided a summary of its unaudited financial results for the three-month period ended Sept. 30, 2026:

• Total assets: $22,601,680 (U.S.), composed primarily of cash, marketable securities and gold inventory;
• Zero debt;
• Total income from other items (third quarter 2026): $2,231,967 (U.S.);
• Net income after tax (third quarter 2026): $1,616,422 (U.S.); and
• Normal course issuer bid repurchased/cancelled shares (Q3 2026): 139,300 at average price of $1.84 (U.S.).

The full quarterly financial statements and management's discussion and analysis are available on the company's website.

Chief executive officer commentary

James Longshore, CEO and co-founder, stated: "In response to the decline in the physical gold price this year, our company repurchased a total of 445,700 shares under its normal course issuer bid during the first nine months of 2026. Since the commencement of the NCIB, the company has repurchased a total of 5,969,900 shares for cancellation, representing approximately 12.9 per cent of the shares outstanding. We believe our shares are currently trading at a significant discount to the net asset value based on our gold resource, as detailed in the resource update released on Oct. 13, 2026."

About Xtra-Gold Resources Corp.

Xtra-Gold is a gold exploration company with a substantial land position totalling 226 square kilometres in the Kibi gold belt of Ghana, West Africa. The Kibi gold belt is geologically similar and in close proximity to the world-renowned Ashanti gold belt, which hosts an estimated 130 million ounces of gold resources.

With an established land position, strong financial footing and experienced technical team, Xtra-Gold is strategically positioned to make the next major gold discovery in Ghana.

We seek Safe Harbor.