Xtra-Gold Resource (TSE:XTG) has released an update.
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Xtra-Gold Resources Corp. has initiated a new normal course issuer bid to repurchase up to 4 million common shares, signifying confidence in the company’s value and prospects. This buy-back strategy aims to enhance shareholder value by increasing their equity interest. The bid will run from March 18, 2024, to March 17, 2025, with the option for early termination, and follows the previous year’s bid which saw the company buy back 316,500 shares.
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