TRX Gold Corp.

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 [...]

Tanzanian Gold Corp.’s Board of Directors is pleased to announce the entering into subscription agreements for the sale of 5,545,325 common shares and warrants to purchase 2,772,637 common shares raising in $2,993,390 in the aggregate with certain investors. The common shares and warrants were sold at a fixed combination price of $0.5398 for each common share and a one-half purchase warrant with the right of each whole [...]

Tanzanian Gold Corp. is pleased to announce and welcome Mr. Stephen Mullowney, CPA, CA, CFA as Chief Executive Officer of Tanzanian Gold Corp., and he has simultaneously accepted an appointment to the Board of Directors of the Company, pending the approval of the expansion of the Board of Directors at the 2021 Annual General Meeting. Mr. Mullowney is a former Partner and Managing Director of PricewaterhouseCoopers LLP and [...]

Tanzanian Gold Corp. announces that it has filed a "universal shelf" registration statement on Form F-3 with the Securities and Exchange Commission for the registration of common shares, warrants, debt securities or units consisting of the foregoing securities . If the Registration Statement is declared effective by the SEC, up to US$25.0 Million of Securities may be offered, separately or together, from time to time and [...]