Tanzanian Royalty Granted Mineral Rights and Mining License at Kigosi

May 30th, 2013

Tanzanian Royalty Exploration Corporation is pleased to announce that the Company’s Kigosi
Project in Tanzania has been granted a Mineral Rights and Mining License through its wholly
owned subsidiary, Tanzania American International Development Corporation 2000 Limited
(“Tanzam”). The Mineral Rights and Mining License covers the entire area applied for, 9.91
square kilometres of the Kigosi Project.

The grant of a Mining License allows for eventual production at Kigosi. The Kigosi Project has
been certified for its environmental worthiness and safety following multiple stages of review and
permits, including town hall meetings and focus group discussions among local and district
residents and stakeholders, as well as local and national government regulators.

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