TORONTO, ONTARIO--(Marketwired - Jun 9, 2017) - Banro Corp. (the "Company" or "Banro") (NYSE MKT:BAA)(TSX:BAA) announces that David Langille has stepped down from his role as Chief Financial Officer of the Company. The Company thanks Mr. Langille for his service to the Company and wishes him well in his future endeavours. The board has appointed [...]
Banro reports with great relief the safe release of its four colleagues after a long and difficult ordeal of being held in eastern Democratic Republic of the Congo. Banro extends its heartfelt thanks to all those in the community and government and so many others who supported our efforts to gain our colleagues' safe return. The priority now is to [...]
TORONTO, ONTARIO--(Marketwired - May 25, 2017) - Banro Corp. (the "Company" or "Banro") (NYSE MKT:BAA)(TSX:BAA) provides an update on the incident at its Namoya mine site reported in the Company's May 18, 2017 press release. Mining day shift operations resumed at Namoya on Monday, May 22. Spraying of the heap leach facilities continued to extract [...]
TORONTO, ONTARIO--(Marketwired - May 22, 2017) - Banro Corp. (the "Company") (NYSE MKT:BAA)(TSX:BAA) announces the terms of the share consolidation (the "Consolidation") that was approved and authorized by the Company's shareholders at the special meeting of shareholders held on March 31, 2017 (the "Meeting"). At the Meeting, shareholders [...]
TORONTO, ONTARIO--(Marketwired - May 18, 2017) - Banro Corp. (the "Company" or "Banro") (NYSE MKT:BAA)(TSX:BAA) reports that there have been a series of attacks on police and military personnel in the village areas surrounding the Namoya mine. Subsequently there were attempts to enter the Namoya mine camp by armed intruders, but they were repulsed [...]
TORONTO, ONTARIO--(Marketwired - May 15, 2017) - Banro Corp. ("Banro" or the "Company") (NYSE MKT:BAA)(TSX:BAA) today announced its financial and operating results for the first quarter of 2017. FINANCIAL SUMMARY Revenue of $55 million, a 19% increase over Q1 2016 ($47 million) Q1 2017 EBITDA of $14 million, a 39% increase over Q1 2016 ($10 [...]
TORONTO, ONTARIO--(Marketwired - Apr 19, 2017) - Banro Corp. ("Banro" or the "Company") (NYSE MKT:BAA)(TSX:BAA) is pleased to announce that it has successfully completed its recapitalization (the "Recapitalization") including the plan of arrangement (the "Plan") under Section 192 of the Canada Business Corporations Act to implement certain [...]
Banro is pleased to provide an update on the progression of the Company's recapitalization described in the Company's management information circular dated February 27, 2016. Capitalized terms used in this press release not otherwise defined shall have the meaning ascribed thereto in the Circular. The Company now anticipates implementing the Plan [...]
Banro produced 46,215 ounces of gold during the first quarter of 2017, with Twangiza contributing 23,115 ounces of gold and Namoya accounting for 23,100 ounces of gold TORONTO, ONTARIO--(Marketwired - April 13, 2017) - Banro Corp. ("Banro" or the "Company") (NYSE MKT:BAA)(TSX:BAA) announces preliminary operating results for the first quarter of [...]
TORONTO, ONTARIO--(Marketwired - April 12, 2017) - Ongoing auger drilling program has outlined a 250 metre-long by 100 metre-wide bedrock mineralized zone within the 1.6 kilometre Twangiza West flanking structure. New high-grade mineralization intersected in adits at the Ntula prospect in the Twangiza project include: - 10.00 metres grading 10.35 [...]
Banro is pleased to provide an update on the progression of the Company's recapitalization described in the Company's management information circular dated February 27, 2016. Banro reports that the Ontario Superior Court of Justice has issued the final order which, among other things, approves the plan of arrangement under the Canada Business [...]
TORONTO, ONTARIO--(Marketwired - Apr 3, 2017) - Banro Corp. ("Banro" or the "Company") (NYSE MKT:BAA) (TSX:BAA) today announced its financial and operating results for the full year 2016 and fourth quarter 2016. FINANCIAL HIGHLIGHTS Record 2016 revenue of $228 million, a 46% increase over 2015 ($157 million) Gross earnings from operations of $22 [...]
