Tanzania Gold PLC
14 June 2007
Tanzania Gold Plc
('Tanzania Gold' or 'the Company')
The Company notes the recent rise in its share price and confirms that it is in
advanced discussions regarding an acquisition and associated fund raising by way
of an offer for subscription with certain institutional and other investors at a
price of 75 pence per ordinary share.
A further announcement will be made as soon as possible.
Enquiries:
Clive Sinclair-Poulton, Chief Executive
Tanzania Gold Tel: +353 (0) 85 739 2674
Simon Raggett/Matthew Chandler
Strand Partners Limited Tel: +44 (0) 20 7409 3494
Gary Middleton
St Swithins PR Limited Tel: +44 (0) 20 7929 4391
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