Published on 10/27/2009 in the Prospect News PIPE Daily.
New Issue: Tanzanian Royalty concludes C$1 million private placement of shares
By Devika Patel
Knoxville, Tenn., Oct. 27 - Tanzanian Royalty Exploration Corp. said it has settled a C$1 million private placement of shares.
James E. Sinclair bought 306,749 shares at C$3.26 apiece.
Tanzanian Royalty is a gold exploration company based in South Surrey, B.C.
Issuer: | Tanzanian Royalty Exploration Corp.
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Issue: | Common shares
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Amount: | C$1 million
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Shares: | 306,749
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Price: | C$3.26
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Warrants: | No
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Investor: | James E. Sinclair
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Settlement date: | Oct. 27
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Stock symbol: | Toronto: TNX
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Stock price: | C$3.14 at close Oct. 27
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Market capitalization: | C$282 million
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