Tanzanian Royalty Reports Annual General Meeting Voting Results


TORONTO, ONTARIO--(Marketwired - March 21, 2016) - Tanzanian Royalty Exploration Corporation (TSX:TNX)(NYSE MKT:TRX) (the "Company") announces the voting results from its 2016 annual and special meeting held on March 16, 2016.

A total of 51,934,382 common shares were voted representing 48.05% of the issued and outstanding common shares of the Company. Shareholders voted in favour of all items of business before the Meeting, including the election of all directors as follows:

Votes For Votes Withheld
James E. Sinclair 20,132,373 (98.42%) 322,327 (1.58%)
Norman Betts 19,929,183 (97.43%) 525,517 (2.57%)
William Harvey 19,836,017 (96.98%) 618,683 (3.02%)
Rosalind Morrow 20,206,091 (98.78%) 248,609 (1.22%)
Ulrich E. Rath 20,186,891 (98.69%) 267,809 (1.31%)

Respectfully Submitted,

James E. Sinclair, President and CEO

The Toronto Stock Exchange and NYSE Amex Equities have not reviewed and do not accept responsibility for the adequacy or accuracy of this release

Contact Information:

Tanzanian Royalty Exploration Corporation
Investor Relations
1-844-364-1830
investors@TanzanianRoyalty.com
www.TanzanianRoyalty.com