Tanzanian Royalty Completes $1.0 Million Private Placement

Tanzanian Royalty Exploration Corporation announces that the $1,000,000 private placement with Van Tongeren Management LLC announced May 8, 2009 has closed.

Tanzanian Royalty Exploration is a unique, publicly-traded, financial minerals exploration company whose business strategy is to develop royalty income under partnership arrangements from its world class gold, diamond and nickel assets in the Lake Victoria Greenstone and Kabanga/Kagera Nickel Belts of Tanzania.
Respectfully Submitted,

"James Sinclair" James E. Sinclair
Chairman and Chief Executive Officer
For further information, please contact Investor Relations at 1-800-811-3855
Visit our website: www.TanzanianRoyaltyExploration.com

Source: Tanzanian Royalty Exploration Corporation Tanzanian Royalty Exploration Corporation
Connecticut Office:
Tel: (860) 364-1830
Fax: (860) 364-0673
or
Vancouver Office:
Toll Free: 1-800-811-3855
Tel: (604) 536-7873
Fax: (604) 536-2529
investors@TanzanianRoyaltyExploration.com
www.TanzanianRoyaltyExploration.com