Tanzanian Gold Corp. is pleased to announce and welcome Michael P. Leonard, CPA, CA as Chief Financial Officer of Tanzanian Gold Corp.. Mr. Leonard has had a distinguished career as a financial leader in the gold industry with broad, progressive experience in investor relations and corporate global finance. He had an impressive, respected and esteemed career of more than 17 years in financial leadership at Barrick Gold [...]
Tanzanian Gold Corp. announces the voting results from its 2021 annual general and special meeting held on February 25, 2021. A total of 61,239,388 common shares were voted representing 29.28% of the issued and outstanding common shares of the Company. Shareholders voted in favour of all items of business before the Meeting, as follows: Item Voted Upon Result of Vote Set the number of directors at six Votes For Votes [...]
Tanzanian Gold Corp. and its joint venture partner, The State Mining Company , announces that it has received initial and highly favourable metallurgical test results from the sulphide component of the Buckreef Gold Mine mineral resource. SGS Canada Inc. was retained to complete initial metallurgical test work at their Lakefield facility on the sulphide component of the mineral resource. SGS flowsheets will be a [...]
Tanzanian Gold Corp. announces that, as a result of a review by the British Columbia Securities Commission we are issuing the following news to clarify our disclosure. Certain of the Company's press releases disseminated between June 17, 2020 and January 8, 2021 included disclosure of exploration targets in the 'About Tanzanian Gold Corporation' section. The disclosure should be replaced with: Exploration Targets Target [...]
Tanzanian Gold Corp. , today announced that it has successfully closed the previously announced registered direct offering of 32,923,078 shares of its common stock at a purchase price of US$0.65 per share. The Company also issued to the investors warrants to purchase up to an aggregate of 16,461,539 shares of common stock in a concurrent private placement. The common stock warrants will be exercisable six months after the [...]
Tanzanian Gold Corp. , today announced that it has entered into a definitive agreement with several institutional investors for the purchase and sale of 32,923,078 shares of its common stock at a purchase price of US$0.65 per share in a registered direct offering. The Company has also agreed to issue to the investors warrants to purchase up to an aggregate of 16,461,539 common stock in a concurrent private placement. The [...]
Tanzanian Gold Corp. is pleased to announce the appointment of Mr. Andrew Cheatle to the position of Chief Operating Officer . TanGold is also pleased to announce that TanGold and its joint venture partner, The State Mining Company , have received approval of the updated mine plan for the Buckreef Gold Project from the Mining Commission in Tanzania . STAMICO, which is 100% owned by the United Republic of Tanzania, owns a [...]
Tanzanian Gold Corp. is pleased to announce the retirement of US$7.0 million of convertible debt provided by YA II PN and Riverfort Global Opportunities PLC . The Investors have advised us that they have sold all their shares through normal course sales in the market. Mr. Stephen Mullowney, Chief Executive Officer , commented, "We would like to thank both Riverfort and YA for their original and future support as we [...]
FinancialNewsMedia.com News Commentary 2020 can be remembered as anything but a stable year for the markets. With rising political and economic uncertainty, gold has become a go-to asset for many investors looking to reduce the risks and diversify their portfolios. But the question now is: after setting fresh records this year, will gold prices go up past $2,000 per ounce once again any time soon? A recent article in [...]
Tanzanian Gold Corp. announces the resignation of Ulrich Rath from the Company's Board of Directors. We wish Mr. Rath tremendous success in his future endeavors. Mr. Andrew Cheatle, another Director of the Company, has stepped into the role occupied by Mr. Rath and will lead the Company's Technical Committee going forward. Respectfully Submitted, James E. Sinclair Executive Chairman About Tanzanian Gold Corporation [...]
Tanzanian Gold Corp. is pleased to provide a summary of 2020 activities and accomplishments. 2020 Activities and Accomplishments Doubling of Measured & Indicated Resources at the Buckreef Gold Project to 2.04 million ounces of gold and increased average grade by 15% to 1.77 grams per ton from 1.54 gpt in the Measured & Indicated category. The Company also reported 635.5 thousand ounces of gold at 1.11 gpt in the Inferred [...]
Tanzanian Gold Corp. announces that TanGold and its joint venture partner, The State Mining Company , have worked together to submit an updated mine plan for the Buckreef Gold Project to the Mining Commission in Tanzania. STAMICO, which is 100% owned by the United Republic of Tanzania , owns a 45% non-dilutable equity interest in Buckreef Gold Company Limited, which wholly-owns the Project. Changing circumstances [...]
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