MODIFICATION AGREEMENTModification Agreement • April 7th, 2015 • Tanzanian Royalty Exploration Corp • Gold and silver ores • New York
Contract Type FiledApril 7th, 2015 Company Industry JurisdictionTHIS MODIFICATION AGREEMENT (the “Agreement”), dated as of March 23, 2015, is entered into between Tanzanian Royalty Exploration Corp., a Canadian corporation having an address at 40 King Street West, 44th Floor, Scotia Plaza, Toronto, Ontario CANADA M5H 3Y (the “Company”), the entities executing this Agreement as Guarantors, each having an address at 40 King Street West, 44th Floor, Scotia Plaza, Toronto, Ontario CANADA M5H 3Y (collectively, the “Guarantors”), and JGB (Cayman) Weston Ltd. an Cayman Islands exempted company having an address at c/o JGB Management Inc., 21 Charles Street, Suite 160, Westport, Connecticut , 06880 (the “Investor”).