Tanzanian Gold Corporation Announces Public Offering of Common Shares

Tanzanian Gold Corporation Announces Public Offering of Common Shares

TORONTO, December 16, 2019 (GLOBE NEWSWIRE) — Tanzanian Gold Corporation, (TSX:TNX) (NYSE American:TRX) (the “Company”) announced today that it has commenced an underwritten public offering of up to 6,695,652 Common Shares at $0.575 per share. R.F. Lafferty Co., Inc. is acting as underwriter to offer and sell the Common Shares on a “best efforts” basis.