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Tanzanian Royalty Appoints Joseph K. Kahama as Senior VP
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The Company is pleased to announce the appointment of Joseph K. Kahama
as Senior Vice President of Tanzanian Royalty Exploration Corporation.
A native of Tanzania, Mr. Kahama has served as president and director
of the Company's wholly-owned subsidiary, Tanzania American
International Development Corporation 2000 Ltd., since 1997. In his
capacity as president, Mr. Kahama has been responsible for corporate
administration and also for maintaining good relations with government,
vendors, and the Company's various business partners in Tanzania.
Mr. Kahama is a councilor at the Tanzania Chamber of Energy & Minerals
(TCME) where he represents the Company and its various Tanzanian
subsidiaries. In 2007, he was appointed to the Tanzania National
Business Council (TNBC) and the Local Investors Roundtable (LIRT) whose
Chairman is the President of the United Republic of Tanzania,
Honourable Jakaya M. Kikwete. In 2006, Mr. Kahama was appointed as a
member and advisor to the China Africa Business Council (CABC) which is
headquartered in Beijing, Peoples Republic of China.
"We are delighted to have Mr. Kahama playing a senior role in the
parent company at this critical juncture in its history," said
Tanzanian Royalty Chairman and CEO, Jim Sinclair. "His knowledge of
Tanzania - and more specifically with the nation's growing relationship
with the People's Republic of China - is formidable to say the least
and will serve the company well in the future."
Respectfully Submitted,
"James E. Sinclair"
James E. Sinclair
Chairman and Chief Executive Officer
For further information, please contact Investor Relations at
1-800-811-3855 Visit our website: www.TanzanianRoyaltyExploration.com
The Toronto Stock Exchange and American Stock Exchange have not
reviewed and do not accept responsibility for the adequacy or accuracy
of this release
Cautionary Note to U.S. Investors - The United States Securities and
Exchange Commission permits
U.S. mining companies, in their filings with the SEC, to disclose only
those mineral deposits that a company can economically and legally
extract or produce. We use certain terms on this news release, such as
"measured", "indicated", and "inferred" "resources" that the SEC
guidelines strictly prohibit U.S. registered companies from including
in their filings with the SEC. U.S. Investors are urged to consider
closely the disclosure in our Form 20-F, File No. 0-50634, which may be
secured from us, or from the SEC's website at
http://www.sec.gov/edgar.shtml.
Certain information presented in this release may constitute
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements are based on numerous assumptions, and involve known and
unknown risks, uncertainties and other factors, including risks
inherent in mineral exploration and development, which may cause the
actual results, performance, or achievements of the Company to be
materially different from any projected future results, performance, or
achievements expressed or implied by such forward-looking statements.
Investors are referred to our description of the risk factors affecting
the Company, as contained in our Form 20-F, File No. 0-50634, for a
more information concerning these risks, uncertainties, and other
factors.
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Copyright (c) 2007 TANZANIAN ROYALTY EXPLORATION CORPORATION (TNX) All
rights reserved. For more information visit our website at
http://www.tanzanianroyaltyexploration.com/ or send
mailto:info@tanzanianroyaltyexploration.com
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