SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934
For the day of: April 10, 2008
Commission File Number 000-50634
TANZANIAN ROYALTY EXPLORATION CORPORATION
(Registrant's name)
404-1688 152nd Street
South Surrey, BC V4A 4N2
Canada
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F P
Form 40-F ___
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):__
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):__
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes ___
No P
If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):
Attached hereto asExhibit 1 and incorporated by reference herein is the Registrant's News Release dated April 10, 2008.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Tanzanian Royalty Exploration Corporation
(Registrant)
“James Sinclair”
Date: April 10, 2008
James E. Sinclair, Chief Executive Officer
Exhibit 1
Connecticut Office:
Form 20-F, File No. 0-50634
93 Benton Hill Road
Trade Symbol:
Sharon, CT 06069
TSX:
TNX
Tel: (860) 364-1830
AMEX: TRE
Fax: (860) 364-0673
Vancouver Office:
Suite 404 – 1688 152nd Street
South Surrey, BC V4A 4N2
Toll Free: 1-800-811-3855
Email:
investors@TanzanianRoyaltyExploration.com
Tel: (604) 536-7873
Website: www.TanzanianRoyaltyExploration.com
Fax: (604) 536-2529
News Release - April 10, 2008
Tanzanian Royalty Clarifies Bloomberg News Service Article
Tanzanian Royalty would like to clarify some erroneous information that appeared in an article carried by Bloomberg news service on April 4, 2008 pertaining to its exploration activities in Tanzania.
Tanzanian Royalty has no intention whatsoever of raising capital through a public share offering. In fact, the Company’s Chairman and CEO, James E. Sinclair, has stated publicly his intention to finance the Company through ongoing private placements for as long as required.
The Company is continuing to discuss business opportunities with potential royalty partners for its strategically located land portfolio in the Lake Victoria Greenstone Belt of Tanzania.
“At the present time, four entities have concluded Confidentiality Agreements (CA’s) with the Company that will allow them to review technical data on our entire land portfolio in Tanzania,” Sinclair noted.
In addition, five other entities have signed CA’s for specific projects, with many of the confidentiality agreements covering the same projects. (For a map showing specific projects that are subject to CA’s please visit the Projects Section of the Company’s website at:www.tanzanianroyalty.com).
“Although we are working hard to develop the mineral potential on our entire portfolio of properties in Tanzania, we are focusing most of our fiscal resources on our core project, Kigosi, which we consider to be the most attractive gold exploration project in Tanzania at the present time,” Sinclair said.
Sinclair also confirmed that Tanzanian Royalty is being “courted by some well-heeled mining entities” which in large part is due to its long and successful track record in Tanzania which includes a sensitivity to the needs of indigenous Tanzanians and the environment in which they work and live.”
Respectfully Submitted,
“James 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 American Stock Exchange 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. 0-50634. You can review and obtain copies of these filings from the SEC's website athttp://www.sec.gov/edgar.shtml.
Certain information presented in this release may constitute “forward-looking statements” within the meaning of thePrivate 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. 0-50634, for a more information concerning these risks, uncertainties, and other factors.