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XTG.TO ·

Xtra-Gold Reports Voting Results of Annual Special Meeting of Shareholders

Shareholder Meetings

Xtra-Gold Reports Voting Results of Annual

Special Meeting of Shareholders

Toronto, Ontario--(Newsfile Corp. - June 30, 2022) -

Xtra-Gold Resources Corp. (

TSX: XTG)

(OTCQB: XTGRF)

(

"Xtra-Gold"

or the

"Company"

) -

is pleased to announce the voting results of its

Annual Special Meeting (the "ASM") of shareholders of the Company (the "Shareholders") held on June

30, 2022.

A total of 28,781,407 common shares representing 61.79% of the issued and outstanding

shares of the Company were voted at the ASM. Resolutions relating to the following matters were

approved by a majority of the votes cast at the ASM.

Appointment of Auditors

Harbourside CPA, Chartered Accountants were appointed as the auditors 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 ("Board") was set at five.

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 is elected or appointed.

DIRECTOR

VOTES FOR

%

VOTES

WITHHELD

%

Peter Minuk

27,431,490

99.85%

41,313

0.15%

James Schweitzer

27,389,890

99.70%

36,763

0.30%

James Longshore

27,434,690

99.86%

38,113

0.14%

Denis Laviolette

27,397,290

99.73%

75,513

0.27%

Hans Morsches

27,397,390

99.73%

75,413

0.27%

Victor Nkansa, will continue in his role as Chief Financial Officer.

Yves P. Clement, P.Geo., will continue in his role as Vice-President, Exploration.

Stock Option Matters

The Shareholders voted 97.46% in favor of the Amendment to the Stock Option Plan. The Shareholders

also voted 97.45% in favor of the Extension of Option Period to certain outstanding Stock Options.

Contact Information

For further information, please contact:

James Longshore: President and CEO

Telephone:

416 628-2881

E-mail:

[email protected]

Website:

www.xtragold.com

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/129622