Xtra-Gold Announces 2026 Normal Course Issuer Bid and Results of 2025 Bid

Core Viewpoint - Xtra-Gold Resources Corp. has announced its intention to renew its normal course issuer bid to purchase up to 4,000,000 common shares, reflecting the belief that the current market price does not fully represent the company's underlying value and future prospects [1][2]. Group 1: Issuer Bid Details - The 2026 Bid will commence on March 18, 2026, and terminate on March 17, 2027, or earlier if the targeted shares from the 2025 Bid are repurchased [3]. - The 4,000,000 common shares represent approximately 10% of the public float of 41,514,562 shares as of March 4, 2026 [3]. - All shares will be purchased on the open market through TSX facilities, with payment made according to TSX policies [4]. Group 2: Purchase Mechanics - The maximum number of common shares that may be purchased daily is 4,465, which is 25% of the average daily trading volume of 17,863 over the last six months [5]. - The company has engaged Haywood Securities Inc. to act as the broker for the 2026 Bid [5]. Group 3: Previous Bid Results - Under the previous normal course issuer bid (2025 Bid), the company purchased 365,600 common shares at an average price of $3.06 per share from March 18, 2025, to March 4, 2026 [7].