Well looks like we are getting there tick up on the offer now shouldn't take much now to get these going again!
RNS Number:4780O
Tanzania Gold PLC
21 December 2006
21 December 2006
Tanzania Gold plc
("Tanzania Gold" or "the Company") and its subsidiary (together "the Group")
Results for the year ended 30 June 2006
Tanzania Gold plc (TZG.L), the AIM listed exploration and development company
operating in Tanzania, is pleased to announce its results for the year ended 30
June 2006.
*Successful Reverse Take Over and Admission to AIM in September 2006, in
conjunction with a well supported equity placement primarily to
institutional investors, which raised net proceeds of approximately
#2,000,000
*Appointment of a new Board of experienced directors
*Commencement of drilling programme, designed to delineate the geology and
resources of the Mkurumu gold project
*Preliminary results of the drilling programme expected in the first
quarter 2007
Clive Sinclair-Poulton, Chief Executive of Tanzania Gold, said
"The Company now has direction and an asset base to develop. The next year will
be one where we look to realise this potential and expand. I would like to thank
our shareholders for their loyalty this year and look forward to rewarding them
in 2007 with our progress."
For further information, please contact:
Tanzania Gold plc Tel: +353 (0) 21 453 0053
Clive Sinclair-Poulton Tel: +353 (0) 85 739 2674
Email: clive@tanzgold.com
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