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Message: Loaning shares
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April 29, 2011
Loaning Shares to Opposition Will Only Hurt Yourself
Dear Friends:

Many of you have received solicitations to borrow your debt-free TNX/TRE shares. This request has come from brokers for a fund that had sold (shorted) over 6,000,000 shares - without the immediately ability to make delivery. At the same time another fund has purchased over 9,000,000 shares.

As your company's trading volume grows, some hedge funds play a short junior/long major OTC derivative without discrimination (other than volume) with respect to the situation they short.

You can review the accomplishments of TRE/TNX by checking out the web presentation of our Annual General Meeting, followed by the Question & Answer period, on our corporate website at: www.tanzanianroyalty.com.

There are FOUR specific things I would like to emphasize in this particular missive:

1. First of all, I want to encourage you not to lend your shares to the opposition who is frankly being pressed to borrow. You will only hurt yourself by doing so.
2. Next, I strongly recommend that you go to our corporate website to obtain an update on what your company has become.
3. Everyone should be grateful to the Geier Fund for their confidence in our future prospects and their investment in us which is formidable to say the least!
4. Although technical analysis can be read differently between analysts, I would like to call your attention to a 5 year Cup & Handle that has been building in our stock.

Respectfully,

Jim Sinclair
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