TORONTO, ONTARIO--(Marketwired - Jul 6, 2015) - Tanzanian Royalty Exploration Corp. (TSX:TNX)(NYSE MKT:TRX) (the "Company") is pleased to announce that it has fully paid off and retired the financing relating to the recently announced terms of its convertible senior note with an institutional lender, the first drawdown under which had successfully closed on December 29, 2014. No further payments are due. Under the [...]
TORONTO, ONTARIO--(Marketwired - Jun 2, 2015) - During the Tanzanian Royalty Exploration Corp. (TSX:TNX)(NYSE MKT:TRX) Annual General Meeting, held on the 28th of May 2015 at the St. Andrew's Club & Conference Centre in Toronto, Ontario, Peter Zizhou, General Manager of the Company's in-production Buckreef Gold Mine project, offered attendees a 2-hour presentation that covered the following milestones in detail: Initial [...]
TORONTO, ONTARIO--(Marketwired - May 13, 2015) - Tanzanian Royalty Exploration Corp. (the "Company") (TSX:TNX)(NYSE MKT:TRX) is pleased to announce today that assay results from leachant (pregnant solution) collected from its heap leach pads and the pregnant leachate solution (PLS) holding pond at its Buckreef South Pit mine processing plant returned highly encouraging results from the mineralization's response to [...]
TORONTO, ONTARIO--(Marketwired - Apr 16, 2015) - Tanzanian Royalty Exploration Corp. (TSX:TNX)(NYSE MKT:TRX) is pleased to offer the following update on its showcase Buckreef project in the United Republic of Tanzania: Explains President and CEO James Sinclair, "On April 16, 2015, we initiated the process of production at our initial target on the Buckreef prospect. I cannot over-state the importance of this. The [...]
TORONTO, ONTARIO--(Marketwired - March 25, 2015) - Tanzanian Royalty Exploration Corp. (TSX:TNX)(NYSE MKT:TRX) (the "Company") is pleased to announce that it has amended the recently announced terms of its convertible senior note financing with an institutional lender, the first drawdown under which successfully closed on December 29, 2014. Under the original financing terms, notes in the principal amount of US$10,000,000 [...]
TORONTO, ONTARIO--(Marketwired - Jan 19, 2015) - Tanzanian Royalty Exploration Corp. (TSX:TNX)(NYSE MKT:TRX) announces that the Toronto Stock Exchange has granted the Company's request to postpone its annual general meeting to May 28, 2015. In conjunction with the on-going development of the Company's Buckreef Gold Mine Project in Tanzania, the Company is actively seeking additional project financing. Such financing could [...]
TORONTO, ONTARIO--(Marketwired - Jan 14, 2015) - Tanzanian Royalty Exploration Corp. (TSX:TNX)(NYSE MKT:TRX) announces that it has filed with the SEC a registration statement on Form F-3 in connection with the common shares underlying the $10 million debenture financing that closed out of escrow on December 29, 2014. Pursuant to the financing agreement, the registration statement covers 300% of the common shares [...]
TORONTO, ONTARIO--(Marketwired - Dec 31, 2014) - Tanzanian Royalty Exploration Corp. (TSX:TNX)(NYSE MKT:TRX) is pleased to announce that Marco Guidi has been promoted to Chief Financial Officer of the Company. Mr. Guidi, a Chartered Accountant with both large and boutique accounting firm experience, has provided Corporate Controller accounting and other financial services to the Company for several years and is very [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 29, 2014) - Tanzanian Royalty Exploration Corp. (TSX:TNX)(NYSE MKT:TRX) (the "Company") is pleased to announce that it has closed the issuance of US$10,000,000 in convertible senior notes and up to 3,642,857 common share purchase warrants to an institutional lender. The facility may be increased to US$15,000,000, subject to financial criteria. Forefront Capital acted as [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 9, 2014) - Tanzanian Royalty Exploration Corp. (TSX:TNX)(NYSE MKT:TRX) (the "Company") is pleased to announce that it has closed in escrow the issuance of US$10,000,000 in convertible senior notes and up to 3,642,857 common share purchase warrants to an institutional lender. The facility may be increased to US$15,000,000, subject to financial criteria. Forefront Capital [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 8, 2014) - Tanzanian Royalty Exploration Corp. (TSX:TNX)(NYSE MKT:TRX) is pleased to report the results of 250 grade control drill holes completed on the Buckreef South Pit at its Buckreef Re-development Gold Project in Tanzania. In addition to the previously announced exploration and development drilling results on the grade control drilled area, these results provide [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 2, 2014) - Tanzanian Royalty Exploration Corp. (TSX:TNX)(NYSE MKT:TRX) is pleased to announce the completion of its heap leach pad construction at its Buckreef Re-development Gold Project, located in the Lake Victoria Goldfields of Tanzania. Construction began in April 2014 and was overseen by civil contractor Yale-Constech Company Limited. Four heap leach cells with [...]
