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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
Tanzanian Gold Corp. ; is pleased to provide an update on the 5tph test plant. As previously reported the plant reached commercial production of gold on June 17, 2020. Since then the plant has operated continuously 7 days a week with two 12-hour shifts per day and has produced a total of 427.9 oz of gold. Here are some of the key performance [...]
Tanzanian Gold Corp. is pleased to announce the nomination and acceptance by Andrew Cheatle, P.Geo., MBA, ARSM for appointment to the Board of Directors of Tanzanian Gold Corp.. Director Cheatle is a world-renowned purpose driven achiever in the mineral resources industry with significant knowledge and experience in gold mining endeavours. He is [...]
Tanzanian Gold Corp. ; is pleased to announce an update to its Corporate Presentation and has placed it on the company website, https://www.tangoldcorp.com/. Tanzanian Gold Corp. will participate in the virtual Red Cloud Securities Inc. Oktoberfest Fall Mining Showcase 2020 , with a presentation at 2:40 pm EDT Oct.21. Interested parties can [...]
Tanzanian Gold Corp. ; is pleased to announce that it has closed the First Closing of US$4 Million of its previously announced financing of up to US$14 million of unsecured convertible debentures with institutional investors Riverfort Global Opportunities PLC. and YA II PN, Ltd. . The proceeds from the Financing will be utilized for a significant [...]