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Xtra-Gold Resources Corp. Announces Expiration of Regulation S Restrictions for "XTG.S" Common Shares
May 20, 2011 (Newsfile Corp.) -- Toronto, Ontario--(May 20, 2011) - Xtra-Gold Resources Corp...
About this update from Xtra-gold Resources Corp.
[{"type":"text","content":"\nXtra-Gold Resources Corp. Announces Expiration of Regulation S Restrictions for "XTG.S" Common Shares\n\n May 20, 2011 (Newsfile Corp.) -- Toronto, Ontario--(May 20, 2011) - Xtra-Gold Resources Corp. (TSX:XTG) (OTCBB:XTGR) (TSX: XTG; XTG.S)(the “Company”) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS. Xtra-Gold Resources Corp. is pleased to announce that restrictions imposed pursuant to Regulation S under the United States Act of 1933, as amended,(“Reg S”) on certain common shares issued in connection with the Company’s initial public offering and currently trading under the symbol “XTG.S”, will expire on May 23, 2010. An additional 8,092,593 common shares of the Company will be listed under the symbol “XTG” and posted for trading at the opening of business on Tuesday, May 24, 2011 in substitution for the presently listed common shares of the Company which are subject to certain restrictions under Reg S. The Reg S common shares will be delisted at that time and the “XTG.S” trading symbol will be discontinued. Holders of Reg S common shares need not take any action in order to receive the common shares to which they are entitled. United States Advisory The securities referred to herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), have been offered and sold outside the United States to eligible investors pursuant to Regulation S promulgated under the U.S. Securities Act, and may not be offered, sold, or resold in the United States or to, or for the account of or benefit of, a U.S. Person (as such term is defined in Regulation S under the United States Securities Act) unless the securities are registered under the U.S. Securities Act, or an exemption from the registration requirements of the U.S. Securities Act is available. Hedging transactions involving the securities must not be conducted unless in accordance with the U.S. Securities Act. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in the state in t...