Tanzanian Gold is pleased to announce that it will change its name from “Tanzanian Gold Corporation” to “TRX Gold Corporation”. The Name Change was approved by way of special resolution at the Company’s annual general and special meeting of shareholders held on February 25, 2022. The Company expects the Name Change to take effect at market open on May 27, 2022. The Company’s common shares (the “Common Shares”) will [...]
Tanzanian Gold Corp. today announced results for the second quarter of 2022. Financial results for Q2 2022 will be available on the Company's website and will be filed on SEDAR and provided on EDGAR on April 14, 2022. Q2 2022 was a significant milestone for the Company as, on account of gold sales, it was the first quarter in the Company's history in which it recorded: revenues; a significant gross profit margin; low cash [...]
Tanzanian Gold Corp. is pleased to announce that it has been granted an extension to the renewal date for the Special Mining License at the Buckreef Gold Project . The Company received a certificate for Renewal of Special Mining License from the Mining Commission, a division of the Ministry of Minerals of the United Republic of Tanzania. The Special Mining License renewal period for Buckreef Gold has now been extended by [...]
Tanzanian Gold Corp. announces the voting results from its 2022 annual general and special meeting held on February 25, 2022. A total of 102,168,042 common shares were voted representing 40.04% 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 seven Votes For Votes [...]
Tanzanian Gold Corp. is pleased to provide an update on recent milestones achieved on the 1,000+ tpd plant expansion at the Buckreef Gold Project. Buckreef Gold continues to advance construction of a 1,000+ tpd oxide processing plant while simultaneously successfully operating the 360 tpd operation. Highlights for the month of February 2022 include: Ball Mills Arrival: Two new 360 tpd ball mills have now arrived at site [...]
Tanzanian Gold Corp. is pleased to announce that the first phase of the oxide mill expansion of 360 tonnes per day at the Buckreef Gold Project is now fully commissioned, and production has successfully ramped up to design capacity. January 2022 Highlights Poured 764 ounces of gold, a new monthly production record at Buckreef Completed final commissioning and 'ramp up' of 360 tpd processing plant, which is now operating [...]
Tanzanian Gold Corp. today announced that it has successfully closed the previously announced registered direct offering with a single institutional investor for the purchase and sale of 17,948,718 of the Company's common shares at a purchase price of $0.39 per share. The Company also issued to the investor warrants to purchase up to an aggregate of 17,948,718 common shares. The warrants have an exercise price of $0.44 [...]
Tanzanian Gold Corp. today announced that it has entered into a definitive agreement with a single institutional investor for the purchase and sale of 17,948,718 of the Company's common shares at an effective purchase price of $0.39 per share, in a registered direct offering. In addition, the Company has also agreed to issue and sell to the investor warrants to purchase up to an aggregate of 17,948,718 common shares. The [...]
Tanzanian Gold Corp. today announced results for the first quarter of 2022 . Financial results for Q1 2022 will be available on the Company's website and will be filed on SEDAR and provided on EDGAR on January 14, 2022. During Q1 2022, the Company continued its successful execution towards a sustainable business plan in which cash flow from operations funds value creating activities, including exploration and sulphide [...]
Tanzanian Gold Corp. announces that its Annual General Meeting of Shareholders will be held at 11:00 EDT on Friday, February 25, 2022. Due to the continuing public health restrictions relating to the COVID-19 pandemic, and having regard for the health and safety of the Company's directors, employees and shareholders, the AGM will be held in a virtual-only format via a live webcast. Registered shareholders and duly [...]
Tanzanian Gold Corp. announces that management will present in the John Tumazos Very Independent Research LLC December 2021 Virtual Conference. Stephen Mullowney, TanGold Chief Executive Officer, together with Andrew Cheatle and Michael Leonard will participate in a virtual presentation and discussion with John Tumazos on Tuesday, December 7th from 1:30 pm to 2:30 pm EST. The webcast may be accessed through the Company's [...]
Tanzanian Gold Corp. today reported its results for the fourth quarter and year end 2021. Financial results will be available on the Company's website on or before November 30, 2021. Major Highlights Include: Significant Exploration Potential: Discovery of two new gold bearing shear zones in the Buckreef West and Anfield Zones. Assuming successful exploration results from ongoing diamond drilling, both new zones and the [...]