President Magufuli’s Legacy a Global Respect for Tanzania
March 18 2021 - 6:53PM
Tanzanian Gold Corporation (TSX:TNX) (NYSE American:TRX) (TanGold
or the Company) operating through its wholly owned subsidiary in
Tanzania (Tanzam2000) joins the United Republic of Tanzania in
mourning the loss of H.E. President John P. Magufuli.
H.E. President Magufuli was a stalwart statesman
who was globally recognized for his vision, ethical standards and
innovative solutions for Tanzania. He was a renowned reformer of
government institutions, business, industrial relations and
political structures for the benefit of Tanzania. His
anti-corruption platform attracted attention around the globe for
his unyielding and high ethical standards. He was also known for
his pragmatic approach towards resolving complex situations and
achieving fair and tangible outcomes. In addition to his consummate
abilities as a statesman and leader, he was well known for his love
of the people of Tanzania. He will be truly missed.
“We mourn the loss of President Magufuli and
extend our sincerest condolences to his family and the people of
Tanzania from our Company, our stakeholders, and our families.
President Magufuli was a highly regarded and respected leader whose
record of achievements and outstanding performance in government
and industry is world renowned. He was from the region where our
joint-venture in the Buckreef Gold Project is located. His loss is
especially felt so close to home,” said Stephen Mullowney, Chief
Executive Officer.
“The passing of President Magufuli is a great
loss to Tanzania and the world. It is with deepest sympathy we
share and express our sincerest condolences. He leaves a legacy of
respect and admiration. He was admired for his accomplishments and
achievements in service to Tanzania and humanity,” said James E.
Sinclair, Executive Chairman
For further information, please contact Michael Martin, Investor
Relations, m.martin@tangoldcorp.com, 860-248-0999, or visit the
Company website at www.tangoldcorp.com
The Toronto Stock Exchange and NYSE American
have not reviewed and do not accept responsibility for the adequacy
or accuracy of this release.
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