Mr. James Longshore reports

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

Xtra-Gold Resources Corp. has released the voting results of its annual general special meeting (AGSM) of shareholders of the company, held on June 26. A total of 28,239,395 common shares, representing 60.747 per cent of the issued and outstanding shares of the company, were voted for at the AGSM. Resolutions relating to the following matters were approved by a majority of the votes cast at the AGSM.

Appointment of auditor

LJ Soldinger Associates LLC 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 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 are elected or appointed.

Stock option plan

The shareholders voted 95.919 per cent in favour of the unallocated stock options to be granted under the company's stock option plan.