Form SD - Specialized disclosure report

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM SD

SPECIALIZED DISCLOSURE REPORT

 

 

 

TRX GOLD CORPORATION

(Exact name of the registrant as specified in its charter)

 

Alberta, Canada (Jurisdiction of Incorporation or Organization)

Commission File Number 001-32500

 

 

Michael Leonard, Chief Financial Officer

277 Lakeshore Road East, Suite 403

Oakville, Ontario

Canada L6J 1H9

844-364-1830

(Name and telephone number, including area code, of the person to contact in connection with this report)

 

Check the appropriate box to indicate the rule pursuant to which this form is being filed:

 

☐

Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for reporting period from January to December 31, ____

 

☒

Rule 13q-1 under the Securities Exchange Act (17 CFR 240.13q-1) for the fiscal year ended August 31. 2023

 

 

 

 

Section 2- Resource Extraction Issuer Disclosure

 

Item 2.01

Resource Extraction Issuer Disclosure and Report

 

TRX Gold’s (the “Company’s”) main area of interest has been in the exploration and development of gold properties, with a primary focus on exploring for and developing gold properties in the United Republic of Tanzania (“Tanzania”). Tanzania remains the focus of the Company’s exploration and development activities. The Company’s primary asset is its interest in the Buckreef Gold Project, a joint venture that is 55% owned by one of the Company’s subsidiaries (TRX Gold Tanzania Limited) and 45% is owned by the State Mining Corporation (“STAMICO”), a Governmental agency of Tanzania.

 

Disclosure of Payment by Resource Extraction Issuers.

 

The information required under Item 2.01(a)(3) is set forth in Exhibit 2.01 attached to this Form SD.

 

 

Item 3.01

Exhibits

 

Exhibit No.		Exhibit Description
2.01		Disclosure of Payment by Resource Extraction Issuers.
104		Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 2.01)

 

 

 

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 authorized undersigned.

 

 

		TRX Gold Corporation
Date: May 28, 2024		/s/ Michael Leonard
		Michael Leonard, Chief Financial Officer

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exhibit 2.01

 

Disclosure of Payment by Resource Extraction Issuers

 

The type and total amount of such payments, by payment type listed in paragraph (d)(9)(iii) of this Item 2.01, made for each project of the resource extraction issuer relating to the commercial development of oil, natural gas, or minerals.		TRX Gold’s (the “Company’s”) main area of interest has been in the exploration and development of gold properties, with a primary focus on exploring for and developing gold properties in the United Republic of Tanzania (“Tanzania”). Tanzania remains the focus of the Company’s exploration and development activities. The Company’s primary asset is its interest in the Buckreef Gold Project, a joint venture that is 55% owned by one of the Company’s subsidiaries (TRX Gold Tanzania Limited) and 45% is owned by the State Mining Corporation (“STAMICO”), a Governmental agency of Tanzania. Below sets forth the payments made by the registrant for the categories indicated herein.
The type and total amount of such payments, by payment type listed in paragraph (d)(9)(iii) of this Item 2.01, for all projects made to each government.		Royalty - $2,296,178
		Fees - $1,286,407
		Taxes - $171,075
The total amounts of the payments, by payment type listed in paragraph (d)(9) (iii) of this Item 2.01.		$3,753,660 in total payments to the government agencies of The United Republic of Tanzania.
The currency used to make the payments;		All payments are remitted in Tanzanian Shilling, converted to USD at an exchange rate of 2,360 TZS:USD by using the average exchange rate of the reporting period.
The fiscal year in which the payments were made;		August 31, 2023
The business segment of the resource extraction issuer that made the payments		The Buckreef Gold Project mining operations.
The governments (including any foreign government or the Federal Government) that received the payments and the country in which each such government is located.		The United Republic of Tanzania   ISO 3166-2:TZ
The project of the resource extraction issuer to which the payments relate.		Buckreef Gold Project
The particular resource that is the subject of commercial development		Gold, silver, copper
The method of extraction used in the project		Open Pit.
The major subnational political jurisdiction of the project		The United Republic of Tanzania

 

 

Document Information	12 Months Ended
	Aug. 31, 2023
Document Information:
Document Type	2.01 SD
Amendment	false
CIK	0001173643
Registrant Name	TRX GOLD CORPORATION
Period End Date	Aug. 31, 2023
Reporting Currency	USD

Payments, by Category - USD ($)	Taxes	Royalties	Fees	Total Payments
Total	$ 171,075	$ 2,296,178	$ 1,286,407	$ 3,753,660

Payments, by Project - USD ($)	Taxes	Royalties	Fees	Total Payments
Total	$ 171,075	$ 2,296,178	$ 1,286,407	$ 3,753,660

Payments, by Government - USD ($)	Taxes	Royalties	Fees	Total Payments
Total	$ 171,075	$ 2,296,178	$ 1,286,407	$ 3,753,660

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