Tanzania Minerals Corp. announces extension of closing date on the completion of the definitive agreement with Twigg Gold Ltd. on Igurubi and Msasa projects in Tanzania.
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VANCOUVER, Sept. 19, 2014 /CNW/ - Tanzania Minerals Corp. (the "Company" or "TZM") (TSX-V: TZM.V) (FRANKFURT: TMO.F) announces that further to its news release dated April 24, 2014 pursuant to which the Company entered into a letter of intent (the "LOI") to acquire Twigg Gold Ltd.'s ("Twigg") 75% interest in the Igurubi gold project and Twigg's 90% interest in the Msasa gold project and the August 18, 2014 news release in which The Company announced its plans to proceed with the completion of the definitive agreement on the transaction, all parties have agreed to extend the closing date of the transaction for an additional 30 days, extending it until October 20, 2014.
Tanzania Minerals Corp. is an emerging junior exploration Company trading on the TSX Venture Exchange. The company has an extensive portfolio of projects in Tanzania. Additional information on Tanzania Minerals Corp. is available on SEDAR at www.sedar.com, on the Company's website at www.tanzaniaco.com, or by contacting info@tanzaniaminerals.com.
Tanzania Minerals Corp. is an emerging junior exploration company trading on the TSX Venture Exchange. The company has an extensive portfolio of projects in Tanzania.
On behalf of the Board of Directors of Tanzania Minerals Corp.
"Robert Dzisiak"
Robert Dzisiak, President & CEO
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as, "forward looking statements". Forward looking statements may be identified by words including "anticipates", "believes", "intends", "estimates", "expects" and similar expressions. The Company cautions readers that forward looking statements, including without limitation those relating to the Company's future operations and business prospects are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward looking statements.
SOURCE Tanzania Minerals Corp.
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Contact
Tanzania Minerals Corp., Robert Dzisiak, President and CEO, Tel: (204) 421-1999, Fax: (604) 669-3877, www.tanzaniaco.com