Tanzanian Gold Corporation announced and welcome Khalaf Rashid as Senior Vice President, Tanzania and as Managing Director of the Company’s wholly owned subsidiary in Tanzania (Tanzam2000). Mr. Rashid is a Tanzanian citizen and resident and joins the TanGold Executive Team bringing a wealth of experience and family history in Tanzanian business, politics and Government that dates back to the formation of the country. He is highly respected and recognized in the business community having held senior executive positions in multiple sectors including industrials, education and marketing communications. He has worked with the Government of Tanzania on implementation of various development projects and assisted in an advisory capacity on several policy matters. He has a deep understanding of the business and Government working environment and is passionate about private investment, with a focus on creating a positive socio-economic impact for low-income households. He joins the TanGold Executive Team having assisted the corporation in successfully aligning its Tanzanian operations to comply with the revised laws and regulations governing mining in Tanzania. He will be instrumental in driving business growth and in working with the Executive Team to identify future investment opportunities to expand the Company’s portfolio and value.