Xtra-Gold Presenting at the LD 500 Virtual Conference
Xtra-Gold Presenting at the LD 500 Virtual
Conference
Toronto, Ontario--(Newsfile Corp. - August 26, 2020) - Xtra-Gold Resources Corp. (
TSX: XTG
)
(
OTCQB: XTGRF
) ("
Xtra-Gold
", or the "
Company
") announces that it will be presenting at the LD 500
Virtual Conference on Thursday, September 3
rd
at 9:00AM (PST) / 12:00PM (EST), and will host virtual
one-on-one meetings with interested investors throughout the conference, which runs from September
1st - 4th.
To register, or to schedule a virtual one-on-one meeting visit:
ld-micro-conference.events.issuerdirect.com
.
During the presentation, Xtra-Gold's CEO James Longshore will provide an update of the Company's
operations in the under-explored Kibi Gold Belt in mining-friendly Ghana, West Africa. Currently, two (2)
of its in-house diamond drill rigs are working aggressively on expansion drilling of its resource. Xtra-Gold
is fully financed for its 2020 and 2021 drill programs, due to its unique "Community Mining Project".
Highlights of the Company's recently released Q2 2020 Financial Results include:
Total Assets increased from US$6,875,325 (Dec. 31, 2019) to US$8,877,398 (June 30, 2020),
comprised mainly of cash, liquid securities, and gold inventory;
Zero debt; and
Net income of US$1,216,211 (USD 0.03 per share).
Presentation materials will be made available on the Company's website:
www.xtragold.com
Chris Lahiji, founder of LD Micro, states, "Due to COVID, it has been nearly impossible for physical
conferences to even take place. I want to show the world that you can still learn, have a great time, and
see some of the most unique companies in the capital markets today. All without having to step a foot
outside."
ABOUT LD MICRO
Back in 2006, LD Micro began with the sole purpose of being an independent resource to the microcap
world. What started as a newsletter highlighting unique companies, has transformed into the pre-eminent
event platform in the space. The upcoming "500" in September is the Company's most ambitious project
yet, and the first event that is accessible to everyone. For those interested in attending, please contact
David Scher at
or visit
www.ldmicro.com
for more information.
About Xtra-Gold Resources Corp.
Xtra-Gold Resources Corp. is a gold exploration company focused on defining a potentially significant
resource in the Kibi Gold Belt in Ghana, West Africa. Geologically analogous to one of the world's most
prolific gold districts, the neighbouring Ashanti Belt, the Kibi is the last of the Birimian Greenstone belts
to be drilled and developed in Ghana. The Company holds the rights to 5 concessions, covering 226
km2 in the Kibi Gold Belt.
www.xtragold.com
James Longshore
Chief Executive Officer
416.628.2881
www.xtragold.com
Bill Mitoulas
Investor Relations Contact
Xtra-Gold Resources Corp.
416.479.9547
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.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/62561