TANZANIAN ROYALTY EXPLORATION CORPORATION SELECTS J. STREICHER & CO. LLC AS ITS NEW DESIGNATED MARKET MAKER FOR TRADING ON THE NYSE MKT
TORONTO, ONTARIO—March 8, 2017- Tanzanian Royalty Exploration Corporation (TNX.TO)(NYSE MKT:TRX) (the “Company”) has selected J. Streicher & Co. (“J. Streicher”) as its new Designated Market Maker (DMM) for the trading of its common stock on the NYSE MKT. The transition was completed on February 24, 2017.
James E. Sinclair, President and Chief Executive Officer of the Company said, “We are delighted to be working with J. Streicher as our new DMM, handling the traditional specialist duties for our stock on the NYSE MKT. We were impressed by the long history of J. Streicher, operating in the specialist industry since 1910, as well as their strong tradition of unparalleled service, strong company relationships and unwavering principals. As someone who has made markets for many decades, I have a unique respect and appreciation for how J. Streicher operates.”