Xtra-Gold Announces Annual and Special Meeting of Stockholders
posted on
Apr 16, 2011 08:34AM
Edit this title from the Fast Facts Section
infolink
TORONTO, April 15, 2011 (GLOBE NEWSWIRE) -- Xtra-Gold Resources Corp. ("Xtra-Gold" or the "Company") (TSX:XTG) (TSX:XTG-S) (OTCBB:XTGR) is pleased to announce that its Annual and Special Meeting of Stockholders (the "Meeting") will be held on Friday, June 10, 2011 at 10:30 a.m. (Toronto time) in Toronto, Ontario at the Ontario Bar Association, 20 Toronto Street, 2nd Floor, in Conference Rooms C and D. Xtra-Gold's stockholders of record at the close of business on May 9, 2011 will be entitled to notice of the Meeting and to vote at the Meeting.
About Xtra-Gold Resources Corp.
Xtra-Gold is a gold exploration company with a 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 (placer) gold occurrences in many river valleys throughout the Kibi area.
Xtra-Gold holds five (5) concessions 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.
Additional information about Xtra-Gold is available on the Company's website at >www.sedar.com and on the U.S. Securities and Exchange Commission website at http://www.sec.gov/">www.sec.gov.
CONTACT: Paul Zyla
President and Chief Executive Officer
(416) 366-4227
pzyla@xtragold.com