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Tanzanian Gold Announces the Sale of Common Shares of $1,530,700

TORONTO, April 30, 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 the entering into subscription agreements for the sale of 2,316,084 common shares at $0.6609 per share raising $1,530,700 in the aggregate with certain investors.