Business
Xtra-Gold Reports on the Annual and Special Meeting of Stockholders
Jun. 14, 2011 (Newsfile Corp.) -- Toronto, Ontario--(June 14, 2011) - XTRA-GOLD RESOURCES C...
About this update from Xtra-gold Resources Corp.
[{"type":"text","content":"\nXtra-Gold Reports on the Annual and Special Meeting of Stockholders\n\n Jun. 14, 2011 (Newsfile Corp.) -- Toronto, Ontario--(June 14, 2011) - XTRA-GOLD RESOURCES CORP. (“Xtra-Gold” or the “Company”) – (TSX: XTG, OTCBB: XTGR) announced today that all proposed resolutions, as noted hereunder, were approved by more than 98% of the votes cast at the Company's annual general and special meeting (the “ASM”) of stockholders of the Company (the “Stockholders”) held on June 10, 2011. Paul Zyla, President and Chief Executive Officer commented that “I am very pleased to report that holders of approximately 56% of the issued and outstanding shares of the Company were represented at the ASM.” The Company wishes to thank its Stockholders for their continued support, its board of directors (the “Board”) for their ongoing guidance and efforts over the past year and the entire Xtra-Gold team for their contributions and dedication to making Xtra-Gold a successful exploration company. Election of Directors At the ASM, the Stockholders approved the election of Paul Zyla, Richard W. Grayston, Peter C. Minuk, Robert J. Casaceli and James Schweitzer as directors of the Company to hold office for the ensuing year. Robert H. Montgomery did not stand for election as a director. The Company wishes to thank Mr. Montgomery for his contributions as a director of the Company since March 2007 and wishes him much success in his future endeavours. Mr. Schweitzer has been employed in the investment industry in Canada, in particular, in the securities sector, in various capacities for 54 years. He has been a Registered Representative with Haywood Securities Inc. since February 2003 primarily in resource stocks. Appointment of Auditors The Stockholders also approved the appointment of Davidson & Company LLP as the Company's auditors and authorized the Audit Committee of the Company to fix their remuneration. Amendments to the Articles of Incorporation The Stockholders approved the amendments to the articles of incorporation of the Company, as set forth in the management information circular (the “Circular”). Ratification of Amendments to the By-laws The Stockholders ratified the amendments to the bylaws of the Company as set forth in the Circular. Stock Option...