TORONTO, ONTARIO--(Marketwired - Sep 27, 2016) - Tanzanian Royalty Exploration Corp. (TSX:TNX)(NYSE MKT:TRX) (the "Company") is pleased to announce that it has closed the second tranche of a $5 million private placement of securities with Crede CG III, Ltd, a wholly-owned subsidiary of Crede Capital Group, LLC, a long-only family office that invests in emerging growth companies. Funds will be used by the Company's to [...]
TORONTO, ONTARIO--(Marketwired - Sep 1, 2016) - Tanzanian Royalty Exploration Corp. (TSX:TNX)(NYSE MKT:TRX) (the "Company") is pleased to announce that it has closed the first tranche of a $5 Million private placement of securities with Crede CG III, Ltd, a wholly-owned subsidiary of Crede Capital Group, LLC, a long-only family office that invests in emerging growth companies. Funds will be used by the Company's to expand [...]
TORONTO, ONTARIO--(Marketwired - Jun 16, 2016) - Tanzanian Royalty Exploration Corp. (TSX:TNX)(NYSE MKT:TRX) (the "Company") is providing the following report with respect to the Carbon in Leach (CIL) Gold Recovery Plant Installation at Buckreef. During its period of force majeure, the Company was unable to perform many functions. Although we were unable to mine and process our gold bearing material, we were not at a [...]
TORONTO, ONTARIO--(Marketwired - Jun 9, 2016) - In March 2016, Tanzanian Royalty Exploration Corp. (TSX:TNX)(NYSE MKT:TRX) (the "Company") declared force majeure under its Joint Venture Agreement for the Re-Development of the Buckreef Gold Mine with State Mining Corporation of Tanzania ("Stamico"). This was appropriate and necessary in order to protect our personnel, property and vested interests in our mines. In our [...]
TORONTO, ONTARIO--(Marketwired - Mar 21, 2016) - Tanzanian Royalty Exploration Corp. (TSX:TNX)(NYSE MKT:TRX) (the "Company") announces the voting results from its 2016 annual and special meeting held on March 16, 2016. A total of 51,934,382 common shares were voted representing 48.05% of the issued and outstanding common shares of the Company. Shareholders voted in favour of all items of business before the Meeting [...]
TORONTO, ONTARIO--(Marketwired - Mar 3, 2016) - Tanzanian Royalty Exploration Corp. (TSX:TNX)(NYSE MKT:TRX) (the "Company") is providing the following progress report with respect to the recent force majeure notice it issued to Stamico. Force Majeure describes a clause in a contract whereby circumstances arise producing a situation known as "Force Greater" than one party has the ability to correct in the normal course of [...]
TORONTO, ONTARIO--(Marketwired - Feb 16, 2016) - Tanzanian Royalty Exploration Corp. (TSX:TNX)(NYSE MKT:TRX) (the "Company") announces that Professor Abdul Mruma has resigned as a director of the Company. As Professor Mruma's heavy schedule over the past year did not permit him to attend Board meetings, the Board understands his decision and wishes to thank Professor Mruma for his valuable contribution to the Company and [...]
TORONTO, ONTARIO--(Marketwired - Feb 15, 2016) - Tanzanian Royalty Exploration Corp. (TSX:TNX)(NYSE MKT:TRX) (the "Company") announces that it has changed its auditor from Ernst & Young LLP, Chartered Accountants, (the "Former Auditor") to Dale Matheson Carr-Hilton Labonte LLP, Chartered Professional Accountants (the "Successor Auditor"). There were no reservations in any auditor's reports for the two most [...]
TORONTO, ONTARIO--(Marketwired - Feb 9, 2016) - On 6 February 2016, Tanzanian Royalty Exploration Corp. (TSX:TNX)(NYSE MKT:TRX) (the "Company") received and immediately accepted the resignation of Joseph K. Kahama, Chairman of the Board. Mr. Kahama "Joe" has been involved with Tanzanian Royalty and its predecessors in interest since 1997. His contributions are acknowledged. "My resignation as Chairman of the Board comes [...]
TORONTO, ONTARIO--(Marketwired - Feb 8, 2016) - Tanzanian Royalty Exploration Corp. (TSX:TNX)(NYSE MKT:TRX) (the "Company") is pleased to announce that its 55% owned Buckreef Re-Development Gold Project ("the Project") in the Republic of Tanzania has successfully completed its first gold pour. Key Highlights Include: Gold Pour. First gold has been poured from the pilot Carbon-in-Column process plant at the Project. The [...]
TORONTO, ONTARIO--(Marketwired - Feb 5, 2016) - Tanzanian Royalty Exploration Corp. (TSX:TNX)(NYSE MKT:TRX) (the "Company") announces that its subsidiary Tanzam has provided notice of Force Majeure under its agreement with STAMICO, owned by Tanzanian Treasury. This notice of Force Majeure is based upon the invasion and forced occupation by several hundred illegal miners of our mining properties including the South Pit and [...]
TORONTO, ONTARIO--(Marketwired - Jul 16, 2015) - Tanzanian Royalty Exploration Corp. (TSX:TNX)(NYSE MKT:TRX) (the "Company") announces the voting results from its 2015 annual and special meeting held on May 28, 2015. A total of 47,577,796 common shares were voted representing 46.54% of the issued and outstanding common shares of the Company. Shareholders voted in favour of all items of business before the Meeting [...]