Message to Shareholders

My Dear Friends and Fellow Shareholders:

History is emblazoned with time-honoured adages regarding the value of patience, such as “Patience is a Virtue”; “Good things come to those who wait”; and “The one who laughs last, laughs the loudest”. All those aforementioned proverbs bring out a big smile as I gaze purposefully at the future of Tanzanian Royalty and the future of the Kigosi Gold Project. It is with those sayings in mind that I am proud to inform you that Tanzanian Royalty Exploration Corporation, through its wholly-owned subsidiary, Tanzania American International Development Corporation 2000 Limited, has been awarded the all important Environmental Impact Assessment Certificate for its Kigosi
Gold Project, which it owns in partnership with the State Mining Corporation (STAMICO) representing the Government of The United Republic of Tanzania and the people of this lovely country and promised land. STAMICO are 15% shareholders of the Kigosi Project.

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