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TRX Gold Corporation

10:59 AM EST - TRX Gold Corporation : Announced that its operating subsidiary, Buckreef Gold Corporation Limited, has entered into a pre-paid gold purchase agreement with a contract price totaling $5 million U.S. with OCIM Metals & Mining SA. The total contract price can be made available to Buckreef Gold in tranches with a $2.5-million upfront tranche and further tranches to be drawn over the next 18 months at Buckreef Gold’s option. TRX Gold Corporation shares T.TNX are trading down $0.04 at $0.60.