Tanzanian Gold Corporation (TSX:TNX) (NYSE American:TRX) (TanGold or the Company) operating through its wholly owned subsidiary in Tanzania (Tanzam2000) joins the United Republic of Tanzania in mourning the loss of H.E. President John P. Magufuli.
H.E. President Magufuli was a stalwart statesman who was globally recognized for his vision, ethical standards and innovative solutions for Tanzania. He was a renowned reformer of government institutions, business, industrial relations and political structures for the benefit of Tanzania. His anti-corruption platform attracted attention around the globe for his unyielding and high ethical standards. He was also known for his pragmatic approach towards resolving complex situations and achieving fair and tangible outcomes. In addition to his consummate abilities as a statesman and leader, he was well known for his love of the people of Tanzania. He will be truly missed.