Tanzanian Gold Clarifies Disclosure

TORONTO, February 21, 2020, (GLOBE NEWSWIRE) – Tanzanian Gold Corporation’s, (TSX:TNX) (NYSE American:TRX) (the “Company’s”) Board of Directors wishes to retract in its entirety, as a result of a review by staff of the Ontario Securities Commission (“OSC”), the disclosure of unclassified resources included in the Company’s press release of February 14, 2020 (the “Prior Release”) regarding the Buckreef Project. Unclassified resources are not a CIM category of mineral resources and such disclosure is contrary to paragraphs 2.2(a) and 2.3(1)(a) of National Instrument 43-101 Standards of Disclosure for Mineral Projects.

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