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Tanzanian Gold Announces Closing of the Sale of $350,000 in Common Shares

TORONTO, April 23, 2019 (GLOBE NEWSWIRE) -- Tanzanian Gold Corporation’s, formerly known as Tanzanian Royalty Exploration Corporation (TSX:TNX) (NYSE American:TRX) (the “Company’s”) Board of Directors is pleased to announce that it has completed the sale of 606,165 common shares raising $350,000 in the aggregate previously announced in its press release of April 18, 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, m.martin@tanzaninaroyalty.com, 860-248-0999, or visit the Company website at www.tanzanianroyalty.com

               
  CONNECTICUT OFFICE:         TORONTO OFFICE:  
  PO Box 577         Bay Adelaide Centre, East Tower  
  U.S.A.  06784         22 Adelaide Street West, Suite 3400  
  Sherman, CT         Toronto, Ontario M5H 4E3 Canada  
  U.S.A.  06784          Toll Free (844) 364-1830  
  investors@TanzanianRoyalty.com         www.TanzanianRoyaltyExploration.com  
               

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