- Effective today at market open, Tanzanian Gold will begin trading as TRX Gold Corporation
- The company’s common shares will continue trading on the TSX under its current ticker symbol TNX
- TRX Gold Corporation is a mineral resource company
- Shares of TRX Gold Corporation (TNX) opened trading at $0.415
Effective today, as previously announced, Tanzanian Gold will begin trading as TRX Gold Corporation (TNX).
Its common shares will continue trading on the TSX under its current ticker symbol TNX. The new CUSIP is 87283P109, and the new ISIN is CA87283P1099.
The name change is deemed to better reflect the company’s progress over the last 18 months, including:
- The start of gold production at its flagship Buckreef Gold Project and the reporting of positive operating cash flow at Buckreef Gold
- The expansion of the oxide processing plant to 1,000+ tpd, which is expected to be completed in calendar Q3 2022, and is forecasting production of 15,000 – 20,000 ounces of gold per year
- Ongoing drilling at Buckreef Gold to expand current resources, discovering new resources and converting resources to reserves
- Continued focus on the highest ESG standards, by implementing several social programs, including partnerships with the District and Regional Commissioners on school, water and health projects.
TRX Gold Corporation is a mineral resource company focused on acquiring and exploring natural resource properties.
Shares of TRX Gold Corporation (TNX) opened trading at $0.415.