Ms. Christina Lalli reports

TRX GOLD CORPORATION ANNOUNCES TICKER SYMBOL CHANGE ON THE TORONTO STOCK EXCHANGE TO "TRX"

TRX Gold Corp.'s common shares listed on the Toronto Stock Exchange will begin trading under the symbol TRX on Thursday, Jan. 25, 2024. The new Canadian ticker symbol will now match the company's United States ticker symbol, currently trading as TRX on the NYSE American. This change is meant to provide better alignment of the company's brand within Canadian and United States capital markets.

No action is required by the company's shareholders with respect to the ticker symbol change, as its respective Cusip number will remain unchanged.

About TRX Gold Corp.

TRX Gold is rapidly advancing the Buckreef gold project. Anchored by a mineral resource published in May, 2020, the project currently hosts a National Instrument 43-101 measured and indicated mineral resource of 35.88 million tonnes at 1.77 grams per tonne gold containing 2,036,280 ounces of gold, and an inferred mineral resource of 17.8 million tonnes at 1.11 g/t gold containing 635,540 ounces of gold. The leadership team is focused on creating both near-term and long-term shareholder value by increasing gold production to generate positive cash flow. The positive cash flow will be utilized for exploratory drilling, with the goals of increasing the current gold resource base and advancing the sulphide ore project, which represents 90 per cent of current gold resources. TRX Gold's actions are led by the highest ESG (environmental, social and governance) standards, evidenced by the relationships and programs that the company has developed during its nearly two decades of presence in Geita region, Tanzania.