On October 25, 2011, Tanzam, a wholly owned subsidiary of the Company, entered into a Definitive Joint Venture Agreement for Re-Development of the Buckreef 26 Gold Mine with Stamico.
Consequential revenue from the sale of metals, extracted during the Company's test mining activities, is recognized on the date the mineral concentrate level is agreed upon by the Company and customer
Under the Joint Venture Agreement, Tanzam holds a 55% interest and Stamico holds the remaining 45% interest in the joint venture company called Buckreef Gold Company Limited
TRX Gold Corporation Debt Obligations
Instrument
Description
Confidence
Evidence
TRX-DEBT
Debt stack $5.2M
90%
Market cache reports total debt of $5.2M.
TRX Gold Corporation Acquisitions
No acquisitions on recordNo completed or pending acquisitions found in our database for TRX Gold Corporation.
TRX Gold Corporation Ownership
No ownership data on recordNo major institutional ownership relationships found in our database for TRX Gold Corporation.
