Exhibit 99.1 TRX Gold Corporation Interim Condensed Consolidated Financial Statements (Unaudited) For the three months ended November 30, 2023 and 2022 TRX Gold Corporation Interim Condensed Consolidated Statements of Financial Position (Unaudited) (Expressed in Thousands of US Dollars) | | | | November 30, | | August 31, | | --- | --- | --- | --- | --- | --- | | | Note | | 2023 | | 2023 | | Assets | | | | | | | Current assets | | | | | | | Cash | | $ | 8,327 | $ | 7,629 | | Amounts receivable | 4 | | 2,062 ...

TRX Gold Corporation (NYSE:TRX) Q4 2023 Earnings Conference Call December 4, 2023 11:00 AM ET Christina Lalli - Vice President of Investor Relations Stephen Mullowney - Chief Executive Officer Michael Leonard - Chief Financial Officer Andrew Cheatle - Chief Operating Officer Heiko Ihle - H.C. Wainwright Jake Sekelsky - Alliance Global Partners Mike Niehuser - ROTH Capital Partners Craig Sutherland - Conceptual Solutions Limited John Tumazos - John Tumazos Very Independent Research After the presentation, th ...

TRX Gold Corporation (NYSE:TRX) Q3 2023 Earnings Conference Call July 19, 2023 11:00 AM ET Company Participants Christina Lalli - Vice President of Investor Relations Stephen Mullowney - Chief Executive Officer Michael Leonard - Chief Financial Officer Andrew Cheatle - Chief Operating Officer Conference Call Participants Jake Sekelsky - Alliance Global Partners Operator It's now my pleasure to introduce Christina Lalli, Vice President, Investor Relations with TRX Gold. Christina, the floor is yours. Christi ...

Exhibit 99.1 TRX Gold Corporation Interim Condensed Consolidated Financial Statements (Unaudited) For the three and nine months ended May 31, 2023 and 2022 TRX Gold Corporation Interim Condensed Consolidated Statements of Financial Position (Unaudited) (Expressed in Thousands of US Dollars) | | | | | | August 31, | | --- | --- | --- | --- | --- | --- | | | Note | | May 31, 2023 | | 2022 (Note 2) | | Assets | | | | | | | Current assets | | | | | | | Cash | | $ | 7,206 | $ | 8,476 | | Amounts receivable | 5 | ...

Financial Data and Key Metrics Changes - The company recognized revenues of over $10 million in Q2 2023, with an operating cash flow of almost $5 million, indicating strong financial performance [31][45] - Cash cost per ounce was recorded at $888, which was above Q1 but in line with expectations, with a full-year guidance of $750 to $850 per ounce [32][47] - Gross margin remained strong at around 50% for both the three and six-month periods [33][49] Business Line Data and Key Metrics Changes - The newly expanded 1000 tonne per day mill produced over 5,600 ounces of gold in Q2, a 164% increase compared to the same quarter in 2022 [28][45] - The company continues to reinvest operating cash flow back into the business for growth, including capital equipment purchases [31][46] Market Data and Key Metrics Changes - The realized price of gold was $1,845 per ounce, benefiting from recent price increases, with gold prices touching over $2,000 recently [45][72] - The company produced and sold over 11,000 ounces year-to-date, generating revenues of almost $20 million [48] Company Strategy and Development Direction - The company is focused on expanding the Buckreef project, with plans for a third mill expansion expected to increase throughput by 75% to 100% [29][83] - The strategy includes prioritizing local content to create jobs and reduce costs, integrating ESG initiatives into operations [64][86] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism for Q3 and Q4, expecting them to be the strongest quarters of the year due to unlocked higher-grade ore blocks [34][62] - The company is cautiously optimistic about the potential for underground mining and is actively working on resource model updates [72][121] Other Important Information - The company has built strong relationships with local stakeholders in Tanzania, which has contributed to operational success [20][68] - The balance sheet remains strong with a cash balance of around $9.5 million and working capital of about $5.5 million [49] Q&A Session Summary Question: Can you remind us of the total cost of the mill and installation costs? - The company has not explicitly guided a full capital cost but expects to improve upon the cost of the first mill [93] Question: Are you targeting any higher grade areas for the larger mine plan for 2024? - The company has identified higher grade zones in the Eastern Porphyry and Anfield areas and plans to continue drilling [120] Question: What are the plans for future expansions? - The company envisions becoming a 3 to 4 million tonne per annum mine and is evaluating available mills worldwide for future expansions [106]

Exhibit 99.1 A Y E A R O F G R O W T H A N D T R A N S F O R M A T I O N A N N U A L R E P O R T 2 0 2 2 TABLE OF CONTENTS Introduction 3 4 Message from the Chairman o Message from the CEO 8 2022 Year in Review 9 Building a Solid Foundation for Future Growth 10 2022 Operational Accomplishments 12 More Growth for the Year Ahead 14 Value Creation Through the Drill Bit 16 The Buckreef Gold Project 18 Governance 19 Board of Directors 20 Governance At The Buckreef Gold Project Level 22 Environment, Social, Gover ...

Exhibit 99.1 TRX Gold Corporation Interim Condensed Consolidated Financial Statements (Unaudited) For the three months ended November 30, 2022 and 2021 TRX Gold Corporation Interim Condensed Consolidated Statements of Financial Position (Unaudited) (Expressed in Thousands of US Dollars) | | | | | | August 31, 2022 | | --- | --- | --- | --- | --- | --- | | | Note | | November 30, 2022 | | (Note 2) | | Assets | | | | | | | Current Assets | | | | | | | Cash | | $ | 8,930 | $ | 8,476 | | Amounts receivable | 5 ...

Financial Data and Key Metrics Changes - 2022 was a record year for the company, achieving record revenues, gross profit, operating cash flow, and adjusted EBITDA, driven by record production and ounces sold [20][24]. - The company reported revenues of over $15 million with a realized price of $1,756 per ounce, reaching nearly $1,800 per ounce in Q4 [23]. - Cash costs were reported at $665 per ounce for the year and less than $600 per ounce in Q4, significantly below guidance, resulting in a gross profit margin of over 60% [24]. - The year-end cash balance was $8.5 million, with working capital of $5.5 million, indicating strong liquidity for funding organic growth [25]. Business Line Data and Key Metrics Changes - The mill expansion to 360 tonnes per day was completed, with production of almost 8,900 ounces for the year and record quarterly production of over 3,600 ounces in Q4 [21]. - The 1,000 tonne per day plant expansion came online after the year-end, with expectations to significantly increase production in 2023 [22][26]. Market Data and Key Metrics Changes - The company expects production in 2023 to range between 20,000 and 25,000 ounces, tripling the production levels achieved in 2022 [26]. - Cash costs for 2023 are anticipated to be between $750 and $850 per ounce, slightly higher than 2022 due to increased depreciation [27]. Company Strategy and Development Direction - The company is focused on growth in both production and resources, aiming to expand the asset at Buckreef through exploration and operational efficiency [33][97]. - Plans include increasing throughput by 75% to 100% through the addition of a new ball mill, with detailed engineering already underway [29]. - The exploration program will continue to focus on the Buckreef main zone, Buckreef West, and the Eastern Porphyry, with a strong emphasis on generating significant exploration targets [30][36]. Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the exploration potential at Buckreef, indicating that they are just beginning to understand the full scope of the asset [9][48]. - The company aims to maintain a focus on cost management while pursuing growth in production and resources, despite challenging market conditions [97]. - Management expects 2023 to be as strong as 2022, with a commitment to continuous improvement and shareholder engagement [98]. Other Important Information - The company completed a land compensation process, spending $2.6 million to secure land around the Buckreef mining license, enhancing operational capabilities [51]. - The company has a strong commitment to corporate social responsibility, focusing on local hiring and community development [52]. Q&A Session Summary Question: Additional ball mill investment and operating cost impacts - Management indicated that the capital cost for the additional ball mill would likely be under $5 million and that operating costs would be assessed in the context of a new five-year mine plan [58][60]. Question: Exploration focus and potential oxide resources - Management confirmed that there is significant potential for additional oxide resources at Buckreef and that exploration efforts will be directed towards extending mine life [62]. Question: Update on sulfide development study - Management expects to provide updates on the sulfide development study in the first half of the following year, with ongoing evaluations of processing capabilities [63]. Question: Drilling targets and exploration budget - Management outlined that exploration will focus on the Anfield and Eastern Porphyry areas, with a goal of quickly bringing mineral resources and reserves to the forefront [74]. Question: Supply chain concerns - Management reported no pressing supply chain issues, noting that most equipment is sourced locally, although there are some concerns related to diesel generation due to geopolitical factors [82].

EXHIBIT 99.1 The Company reported Q4 2022 production of 3,619 ounces of gold, exceeding previous production guidance of 750-800 ounces of gold per month, as well as preliminary Q4 2022 sales of 3,363 ounces of gold, both new records for the Company. On a full year 2022 basis, the Company reported production of 8,874 ounces of gold and sales of 8,598 ounces of gold. TRX Gold To Deliver Mill Expansion On Time and On Budget The average market price for gold in Q4 2022 (June – August 2022) was US$1,778 per ounc ...

Exhibit 99.1 TRX Gold Corporation Condensed Interim Consolidated Financial Statements (Unaudited) For the three and nine months ended May 31, 2022 and 2021 1 TRX Gold Corporation Condensed Interim Consolidated Statements of Financial Position (Unaudited) (Expressed in Thousands of US Dollars) | | | May 31, | | August 31, | | --- | --- | --- | --- | --- | | | | 2022 | | 2021 | | Assets | | | | | | Current Assets | | | | | | Cash | $ | 10,465 | $ | 13,447 | | Amounts receivable (Note 5) | | 1,281 | | 460 | | ...