14th Jun 2007 11:08
Tanzania Gold PLC14 June 2007 Tanzania Gold Plc ("Tanzania Gold" or "the Company") The Company notes the recent rise in its share price and confirms that it is inadvanced discussions regarding an acquisition and associated fund raising by wayof an offer for subscription with certain institutional and other investors at aprice of 75 pence per ordinary share. A further announcement will be made as soon as possible. Enquiries: Clive Sinclair-Poulton, Chief ExecutiveTanzania Gold Tel: +353 (0) 85 739 2674 Simon Raggett/Matthew ChandlerStrand Partners Limited Tel: +44 (0) 20 7409 3494 Gary MiddletonSt Swithins PR Limited Tel: +44 (0) 20 7929 4391 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Bezant Res