TORONTO, ONTARIO--(Marketwired - Feb 21, 2017) - Tanzanian Royalty Exploration Corporation TNX(NYSE MKT: TRX) (the "Company") announces the voting results from its 2017 annual and special meeting held on February 16, 2017.

A total of 53,639,480 common shares were voted representing 45.68% of the issued and outstanding common shares of the Company. Shareholders voted in favour of all items of business before the Meeting, including the election of all directors as follows:

	Votes For		Votes Withheld
James E. Sinclair	19,712,989 (96.54%)		705,954 (3.46%)
Norman Betts	19,679,027 (96.38%)		739,916 (3.62%)
William Harvey	19,558,048 (95.78%)		860,895 (4.22%)
Rosalind Morrow	19,638,621 (96.18%)		780,322 (3.82%)
Ulrich E. Rath	19,683,861 (96.40%)		735,082 (3.60%)

Respectfully Submitted,

James E. Sinclair

President and CEO

Tanzanian Royalty Exploration Corporation

The Toronto Stock Exchange and NYSE Amex Equities have not reviewed and do not accept responsibility for the adequacy or accuracy of this release