Tanzanian Royalty Chairman to Advance C$1,500,000

Tanzanian Royalty Chairman to Advance C$1,500,000 - "Tanzanian Royalty announces that Mr. James E. Sinclair, Chairman and CEO, will make an interest free advance to the Corporation of $1,500,000, having advanced today $1,100,000, and a further $400,000 to follow by June 29, 2007. As previously announced, Mr. Sinclair has agreed to purchase common shares of the Corporation representing an aggregate value of $3,000,000. Such shares are to be purchased in eight quarterly tranches of $375,000 each, the first tranche of which completed on May 28, 2007." More
- 06/22/07 | Item |

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