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TRX.TO ·

TRX Gold Reports Con�nuance into the Province of Bri�sh Columbia

Corporate Updates

PRESS RELEASE

For immediate release

TRX Gold Reports Con�nuance into the Province of Bri�sh Columbia

TORONTO, Ontario, March 31, 2025 – TRX Gold Corpora�on (TSX: TRX) (NYSE American: TRX) (the “Company”

or “TRX Gold”) is pleased to announce that further to the Company having received the necessary approval of

its shareholders at the Company’s annual and special mee�ng of shareholders held on February 27, 2025, the

Company has successfully completed its con�nuance, effec�ve March 27, 2025, from the jurisdic�on of the

Province of Alberta into the Province of Bri�sh Columbia under the Business Corporations Act (Bri�sh

Columbia). The Company’s cer�ficate of con�nuance and ar�cles of incorpora�on are available unde r the

Company’s profile on SEDAR+ at www.sedarplus.ca.

About TRX Gold Corpora�on

TRX Gold is rapidly advancing the Buckreef Gold Project. Anchored by a Mineral Resource published in May

2020, the project currently hosts a Measured and Indicated Mineral Resource (“M&I Resource”) of 35.88 million

tonnes (“MT”) at 1.77 grams per tonne (“g/t”) gold containing 2,036,280 ounces (“oz”) of gold and an Inferred

Mineral Resource of 17.8 MT at 1.11 g/t gold for 635,540 oz of gold. The leadership team is focused on crea�ng

both near-term and long-term shareholder value by increasing gold produc�on to generate posi�ve cash flow.

The posi�ve cash flow will be u�lized for exploratory drilling with the goal of increasing the current mineral

resource base and advancing the larger project development which represents 90% of current mineral

resources. TRX Gold’s ac�ons are led by the highest environmental, social and corporate governance (“ESG”)

standards, evidenced by the rela�onships and programs that the Company has developed during its nearly two

decades of presence in the Geita Region, Tanzania. Please refer to the Company’s Updated Mineral Resources

Es�mate for Buckreef Gold Project, dated May 15, 2020, and filed under the Company’s profile on SEDAR+ and

with the SEC on June 23, 2020 (the “2020 Technical Report”) for more informa�on.

For investor or shareholder inquiries, please contact:

Investor Rela�ons

TRX Gold Corpora�on

[email protected]

1-437-224-5241

www.TRXgold.com

The TSX and NYSE American have not reviewed and do not accept responsibility for the adequacy or accuracy

of the contents of this press release, which has been prepared by the management of TRX Gold.