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TORONTO, Jan. 15, 2025 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX:TRX) (NYSE:TRX) (the "Company" or "TRX Gold") today reported its results for the first quarter of 2025 ("Q1 2025") for the three months ended November 30, 2024. Financial results are available on the Company's website at www.TRXgold.com. Key highlights for Q1 2025 include: Capturing record gold prices: The Company poured 4,841 ounces of gold (Q1 2024: 4,927) and sold 4,813 ounces of gold (Q1 2024: 4,895) generating revenue of $12.5 million (Q1 2024: $9.4 million), gross profit of $4.8 million (Q1 2024: $3.7 million) and Adjusted EBITDA1 of $4.4 million (Q1 2024: $2.6 million). The increase in revenue
TORONTO, Dec. 02, 2024 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX:TRX) (NYSE:TRX) (the "Company" or "TRX Gold") today reported its results for the year end August 31, 2024, and fourth quarter ("Q4 2024"). Financial results are available on the Company's website at www.TRXgold.com. Highlights include: Annual production of 19,389 ounces of gold, sold at record gold spot prices, resulting in full year record revenue of $41.2 million, gross profit of $17.9 million, operating cashflow of $15.3 million, and record adjusted EBITDA1 of $15.3 million.Continued prudent capital management by reinvesting $14 million of cash flow generated from operations to fund the Company's third successful pla
TORONTO, July 15, 2024 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX:TRX) (NYSE:TRX) (the "Company" or "TRX Gold") is pleased to announce the completion of the expanded processing plant to 2,000 tonnes per day ("tpd"), and also reported its results for the third quarter of 2024 ("Q3 2024") for the three months ended May 31, 2024. Financial results are available on the Company's website at www.TRXgold.com. Project highlights include: Immediate and positive impact on milling capacity: The newly expanded 2,000 tpd processing facility is now operational and is currently undergoing wet commissioning. During this commissioning phase, the expanded processing plant has been consistently achievin
TORONTO, Jan. 15, 2025 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX:TRX) (NYSE:TRX) (the "Company" or "TRX Gold") today reported its results for the first quarter of 2025 ("Q1 2025") for the three months ended November 30, 2024. Financial results are available on the Company's website at www.TRXgold.com. Key highlights for Q1 2025 include: Capturing record gold prices: The Company poured 4,841 ounces of gold (Q1 2024: 4,927) and sold 4,813 ounces of gold (Q1 2024: 4,895) generating revenue of $12.5 million (Q1 2024: $9.4 million), gross profit of $4.8 million (Q1 2024: $3.7 million) and Adjusted EBITDA1 of $4.4 million (Q1 2024: $2.6 million). The increase in revenue
TORONTO, Jan. 14, 2025 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX:TRX) (NYSE:TRX) (the "Company" or "TRX Gold") is excited to announce, once again, another excellent set of drill results, with hole BMDD319 intersecting 21 metres ("m") @ 8.63 g/t Au from 81 m; BMDD320 intersecting 20.50 metres ("m") @ 5.14 g/t Au from 125.5 m and BMDD321 intersecting 5 metres ("m") @ 2.74 g/t Au from 157 m. These drill hole results are downdip extensions at the newly discovered and highly prospective Stamford Bridge Shear Zone (see Figure 1). They are located approximately 250 m east of the Buckreef Main Zone—host to Buckreef Gold's 2M+ ounce Au Mineral Resource1 and where current operations are ongoing
TORONTO, Dec. 06, 2024 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX:TRX) (NYSE:TRX) (the "Company" or "TRX Gold") is pleased to announce the appointment of Richard Boffey as Chief Operating Officer ("COO"), effective immediately. Mr. Boffey is a seasoned executive, bringing more than 35 years of operational experience to the TRX Gold team and will be instrumental in the continued growth and development of Buckreef Gold. TRX Gold's CEO, Stephen Mullowney stated: "We would like to welcome Richard to the team; he has an outstanding track record delivering growth and operational excellence globally. He brings to this position a strong reputation for managing open pit and underground operatio
TORONTO, Dec. 06, 2024 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX:TRX) (NYSE:TRX) (the "Company" or "TRX Gold") is pleased to announce the appointment of Richard Boffey as Chief Operating Officer ("COO"), effective immediately. Mr. Boffey is a seasoned executive, bringing more than 35 years of operational experience to the TRX Gold team and will be instrumental in the continued growth and development of Buckreef Gold. TRX Gold's CEO, Stephen Mullowney stated: "We would like to welcome Richard to the team; he has an outstanding track record delivering growth and operational excellence globally. He brings to this position a strong reputation for managing open pit and underground operatio
TORONTO, Oct. 23, 2023 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX:TNX) (NYSE:TRX) (the "Company" or "TRX Gold") is pleased to announce the appointment of Shubo Rakhit as Chairman of the Board. Mr. Rakhit has had a prominent career as a highly respected strategist and sought after trusted advisor. His 30+ year career has included senior positions at several global and Canadian investment banks and advisory firms including CIBC, Bank of Nova Scotia, Bank of America Securities, KPMG Corporate Finance and Echelon Wealth Partners. Mr. Rakhit's distinguished career includes leading over $90 billion of M&A transactions, and over $100 billion of global capital markets issuance, including man
TORONTO, May 16, 2022 (GLOBE NEWSWIRE) -- Tanzanian Gold Corporation (TSX:TNX) (NYSE:TRX) (the "Company" or "TanGold") is pleased to announce that it will change its name from "Tanzanian Gold Corporation" to "TRX Gold Corporation" (the "Name Change"). The Name Change was approved by way of special resolution at the Company's annual general and special meeting of shareholders held on February 25, 2022. The Company expects the Name Change to take effect at market open on May 27, 2022. The Company's common shares (the "Common Shares") will continue trading on the Toronto Stock Exchange (the "TSX") under its current ticker symbol "TNX" and on the New York Stock Exchange (the "NYSE") under i
6-K - TRX GOLD Corp (0001173643) (Filer)
6-K - TRX GOLD Corp (0001173643) (Filer)
F-10/A - TRX GOLD Corp (0001173643) (Filer)
Alliance Global Partners initiated coverage of Tanzanian Royalty Exploration with a rating of Buy and set a new price target of $1.50