Tanzanian Royalty Chairman Provides Interest Free Advance

SOUTH SURREY, British Columbia--(Business Wire)--
Tanzanian Royalty Exploration Corporation Chairman and CEO, James E. Sinclair,
has made available to the Corporation an interest free advance of C$600,000.

Mr. Sinclair reiterated his commitment to ensure the Corporation remains
adequately financed and confirms that additional monies would be made available
if required in the future as interest free advances.

Respectfully Submitted,

"James E. 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

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

Cautionary Note to U.S. Investors - The United States Securities and Exchange
Commission limits disclosure for U.S. reporting purposes to mineral deposits
that a company can economically and legally extract or produce. We use certain
terms on this news release, such as "reserves", "resources", "geologic
resources", "proven", "probable", "measured", "indicated", or "inferred" which
may not be consistent with the reserve definitions established by the SEC.U.S.
Investors are urged to consider closely the disclosure in our Form 20-F, File
No. 001-32500.You can review and obtain copies of these filings from the SEC's
website at http://www.sec.gov/edgar.shtml.

Certain information presented in this release may constitute "forward-looking
statements" within the meaning of the Private Securities Litigation Reform Act
of 1995.Such forward-looking statements are based on numerous assumptions, and
involve known and unknown risks, uncertainties and other factors, including
risks inherent in mineral exploration and development, which may cause the
actual results, performance, or achievements of the Company to be materially
different from any projected future results, performance, or achievements
expressed or implied by such forward-looking statements.Investors are referred
to our description of the risk factors affecting the Company, as contained in
our Form 20-F, File No. 001-32500, for more information concerning these risks,
uncertainties, and other factors.

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

Copyright Business Wire 2009