Connecticut Office: Toronto Office :
CONNECTICUT OFFICE: TORONTO OFFICE :
PO Box 577 Suite 2800-22 Adelaide Street West
Sherman, CT Bay Adelaide Center, East Tower
U.S.A. 06784 Toronto, ON Canada V4A 4N2
Phone: (864) 364-1830
Fax: (860) 799-0350
www.tanzanianroyalty.com
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TANZANIAN ROYALTY EXPLORATION CORPORATION SELECTS J. STREICHER
& CO. LLC AS ITS NEW DESIGNATED MARKET MAKER FOR TRADING ON THE
NYSE MKT
Reinforces Commitment Towards Maintaining Fair and Orderly Market for the Company’s
Stock
TORONTO, ONTARIO—March 8, 2017- Tan zanian Royalty Exploration Corporation
(TNX.TO)(NYSE MKT:TRX) (the "Company") has selected J. Streicher & Co. (“J. Streicher”) as its
new Designated Market Maker (DMM) for the trading of its common stock on the NYSE MKT. The
transition was completed on February 24, 2017.
James E. Sinclair, President and Chief Executive Offi cer of the Company said, “We are delighted to be
working with J. Streicher as our new DMM, handling the traditional specialist duties for our stock on
the NYSE MKT. We were impressed by the long history of J. Streicher, operating in the specialist
industry since 1910, as well as th eir strong tradition of unparalleled service, strong company
relationships and unwavering principals. As someone who has made markets for many decades, I have
a unique respect and appreciation for how J. Streicher operates.”
“With 2017 shaping up to be perhaps the most important year for the Company in terms of
developments that we expect to have a significant effect on the near-and long-term future of the
Company, it was necessary to ensure that we have th e right people in place at all facets of our business,
including the trading in our stock. I look forward to updating our investors on the progress of our
Company over the next several weeks to come, includi ng the issuance of our feasibility study,” Sinclair
concluded.
ABOUT TANZANIAN ROYALTY EXPLORATION CORPORATION:
Tanzanian Royalty Exploration Corporation is a mineral resource company, which engages in the
acquisition, exploration and extraction of natural resources on properties in Tanzania, Africa. The
company, after successfully exploring for gold, ha s identified three development projects, Buckreef,
Kigosi, and Itetemia. In early 2016, in conjunction with its first gold pour, Tanzanian Royalty
Exploration was deemed a commercial producer by the Tanzanian Government. It is currently focused
on its Buckreef Gold Project lo cated in north central Tanzania.
Investor Relations Contact:
Matthew Abenante
Porter, LeVay and Rose
212-564-4700
The Toronto Stock Exchange an d NYSE AmexEquities have not reviewed and do not accept
responsibility for the adequacy or accuracy of this release.
This news release contains certain forward-looking statements and forward-looking information. All
statements, other than statements of historical fact , included herein are forward-looking statements and
forward-looking informati on that involve various ri sks and uncertainties. There can be no assurance
that such statements will prove to be accurate, and actual results and future events could differ
materially from those anticipated in such statements. Important factors that could cause actual results to
differ materially from the Company's expectations are disclosed in the Company's documents filed
from time-to-time with the British Columbia, Albert a and Ontario provincial securities regulatory
authorities.
Certain information presented in this release may constitute "forwa rd-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are
based on numerous assumptions, and involve know n and unknown risks, uncertainties and other
factors, including risks inherent in mineral exploration and development, which may cause the actual
results, performance, or achievements of the Company to be materially different from any projected
future results, performance, or achievements expres sed or implied by such fo rward-looking statements.
Investors are referred to our descrip tion of the risk factors affectin g the Company, as contained in our
SEC filings, including our annual re port on Form 20-F and Registrati on Statement on Form F-10, as
amended, for more information concerning these risks, uncer tainties, and other factors.
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