TRX Tanzanian Gold

Tanzanian Royalty Announces Closing of the Sale of $281,000 in Common Shares

Tanzanian Royalty Announces Closing of the Sale of $281,000 in Common Shares

TORONTO, March 04, 2019 (GLOBE NEWSWIRE) -- Tanzanian Royalty Exploration Corporation's (TSX:TNX) (NYSE AMERICAN:TRX) (the "Company’s”) Board of Directors is pleased to announce that it has completed the sale of 625,557 common shares raising $281,000 in the aggregate previously announce in its press release of February 27, 2019.

The proceeds from the sale of common shares will be used in furtherance of the Company’s Three-Phase Drill Program at the Buckreef Project.

Respectfully Submitted,

"James E. Sinclair"

James E. Sinclair

Executive Chairman

For further information, please contact Michael Martin, Investor Relations, , 860-248-0999, or visit the Company website at   

CONNECTICUT OFFICE:TORONTO OFFICE:
PO Box 57782 Richmond Street West
Sherman, CTSuite 208
U.S.A.  06784Toronto, Ontario M5C 1P1
Fax: (860) 799-0350Toll Free (844) 364-1830
EN
04/03/2019

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