VANCOUVER, Nov. 28, 2012 /CNW/ - Tanzania Minerals Corp. (the "Company"
or "Tanzania") (TSX-V: TZM.V) (FRANKFURT: CA87600X1087) is pleased to announce that it will be applying to the TSX Venture
Exchange for approval to extend the expiry date of 8,182,000 common
share purchase warrants (the "Warrants") issued on December 7, 2010 as
part of a private placement completed by the Company in December, 2010.
The expiry date of the warrants was originally December 7, 2012. The
Company is applying to extend the expiry date to December 7, 2013. The
exercise price of the warrants will remain at $0.75. Each warrant when
exercised will be exchangeable for one common share of the Company.
The proposed extension of the expiry is conditional upon the receipt of
the TSX Venture Exchange's approval.
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 Corporation:
Kal Matharu, 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
For further information:
Tanzania Minerals Corp., Kal Matharu, President and CEO, Tanzania Minerals Corp, or visit the website at: www.tanzaniaco.com.