March 4:Sale of 625,557 common shares raising $281,000Tanzanian 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.