Connecticut Office: Form 20-F, File No. 001-32500

Connecticut Office: Form 20-F, File No. 001-32500 PO Box 577 Trade Symbol:

Sherman, CT 06784 TSX: TNX Tel: 1-844-364-1830 NYSE MKT: TRX Fax: 1-860-799-0350 Toronto Office:

Suite 4400, Scotia Plaza 40 King Street West Toronto, Ontario M5H 3Y4 Toll free: 1-844-364-1830 Website: www.TanzanianRoyaltyExploration.com Email: [email protected]

News Release – February 16, 2016

Tanzanian Royalty Exploration Corporation Announces Change to Board and Technical Committee

TORONTO, ONTARIO--(Marketwired February 16, 2016) - Tanzanian Royalty Exploration Corporation (TSX:TNX)(NYSE MKT:TRX) (the "Company") announces that Professor Abdul Mruma has resigned as a director of the Company. As Professor Mruma’s heavy schedule over the past year did not permit him to attend Board meetings, the Board understands his decision and wishes to thank Professor Mruma for his valuable contribution to the Company and wishes him all the best in the future.

The Company is also pleased to announce that Ulrich Rath and Jeffrey Duval have been appointed as members of the Technical Committee.

Respectfully submitted, James E. Sinclair Chief Executive Officer

For further information, please contact Investor Relations at 1-844-364-1830 Visit our website: www.TanzanianRoyalty.com

The Toronto Stock Exchange and NYSE Amex Equities have not reviewed and do not accept responsibility for the adequacy or accuracy of this release