Tanzanian Gold Corporation announced that Mr. Sinclair has retired as Executive Chairman to continue service as Chairman of the Board of Directors for the company. TanGold has had the privilege of being founded and directed since 2000 by the leadership of the renowned James E. Sinclair. It is with profound gratitude that the company acknowledges his contribution to the present success and long-term resilience of company enterprise. The company is on the path to further achievements which stem from the foundation created by Mr. Sinclair. Mr. Sinclair is well known in gold, mining, and commercial markets.