Tanzanian Gold Corporation Announces Public Offering of Common Shares
TRX Gold Corporation (TRX)
NASDAQ:AMEX Investor Relations:
tanzanianroyalty.com
Company Research
Source: GlobeNewswire
TORONTO, Dec. 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. The Company intends to use the net proceeds from the offering at the Buckreef Project primarily to (i) further its on-going Ultra Deep Exploration drilling program testing up to 1200 meters deep; (ii) initiate open pit mining for oxide ore and work to construct and operate a 15 tonnes per hour oxide processing facility; and (iii) continue to fast tract necessary testing and studies to further refine the Buckreef open pit, and develop the larger processing plant all to further the completion of the Company’s 43-101 definitive feasibility study. The Company is pleased to report that these three work programs are being executed in paral
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TRX
News
- TRX Gold Co. (NYSE: TRX) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- TRX Gold Co. (NYSE: TRX) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Is TRX Gold Corporation's (TSE:TRX) Recent Stock Performance Influenced By Its Fundamentals In Any Way? [Yahoo! Finance]Yahoo! Finance
- TRX Gold Co. (NYSE: TRX) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- TRX Gold Co. (NYSE: TRX) had its price target raised by analysts at Alliance Global Partners from $1.50 to $1.75. They now have a "buy" rating on the stock.MarketBeat
TRX
Earnings
- 4/12/24 - In-Line
TRX
Sec Filings
- 4/15/24 - Form 6-K
- 4/12/24 - Form 6-K
- 4/5/24 - Form 6-K
- TRX's page on the SEC website