Tanzanian Royalty Exploration Corporation Announces Change to Board and Technical Committee

TORONTO, ONTARIO--(Marketwired - Feb. 16, 2016) - Tanzanian Royalty Exploration Corporation (TSX:TNX)(NYSE MKT:TRX) (the "Company") announces that Professor Abdul Mruma has resigned as a director of the Company. As Professor Mruma's heavy schedule over the past year did not permit him to attend Board meetings, the Board understands his decision and wishes to thank Professor Mruma for his valuable contribution to the Company and wishes him all the best in the future.

The Company is also pleased to announce that Ulrich Rath and Jeffrey Duval have been appointed as members of the Technical Committee.

Respectfully submitted,

James E. Sinclair, Chief Executive Officer

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