Buckreef Gold Mine Receive USD1.25m Financing for Development
Tanzanian Royalty Exploration Corporation (TSE: TNX; NYSE MKT: TRX) received the first USD1.25m tranche of USD5m financing for mining development at its Buckreef gold mine.
The funds will be used by the company to expand its production team necessary to boost development of the Buckreef gold mine in Tanzania.
The capital is raised through a private placement of securities with Crede CG III, a wholly-owned subsidiary of Crede Capital.... Read more »
Posted on : Wednesday , 7th September 2016