Off-market insider buying at TRX Gold (T:TNX)

James E. Sinclair, a Senior Officer and Director, acquired 333,334 Common Shares on a direct ownership basis at a price of US$0.400 through a prospectus or prospectus exempt offering on September 1st, 2023. This represents a $181,067 investment into the company's shares and an account share holdings change of 11.4%.

In addition, Stephen Mullowney, CEO, acquired 252,476 Common Shares. This represents a $137,145 investment into the company's shares and an account share holdings change of 38.9%.

Four other insiders also participated in the deal in smaller amounts.

TRX Gold is in the Gold Sub Industry Group under the Basic Materials Sector.

TRX Gold Corporation is a Canada-based company, which is engaged in the exploration, development and production of mineral property interests in the United Republic of Tanzania (Tanzania). The Company is advancing the Buckreef Gold Project. The Buckreef Project comprises five prospects, namely Buckreef, Bingwa, Tembo, Eastern Porphyry and Buziba. The Buckreef Project encompasses three main mineralized zones: Buckreef South, Buckreef Main and Buckreef North. The Buckreef Project is fully licensed for mining and the extraction of gold. The Buckreef Project is located in the Geita District of the Geita Region, south of Lake Victoria, approximately 110 kilometers (km) southwest of the city of Mwanza, Tanzania. The Buckreef is situated approximately 45 km to the west of Bulyanhulu gold mine and approximately 35 km south of Geita mine in north-central Tanzania. The Buckreef Gold Project also contains an Inferred Mineral Resource of 17.8 MT at 1.11g/t gold for 635,540 oz of gold.