Banro Corp is pleased to announce that at a special meeting of holders of Banro common shares, a meeting of holders of Banro's 10% Senior Secured Notes due March 1, 2017, and a special meeting of holders of Banro Series A Preference Shares and Series B Preference Shares, in each case held on March 31, 2017 in Toronto, security holders [...]
TORONTO, ONTARIO--(Marketwired - Mar 29, 2017) - Drilling at Namoya intersects further significant mineralization, including 11.0 metres grading 4.73 g/t Au from 17.0 metres, 5.0 metres grading 21.05 g/t Au from 29.0 metres, 29.0 metres grading 1.80 g/t Au from 17.0 metres, 11.0 metres grading 4.37 g/t Au from 0.0 metres, and 16.0 metres grading [...]
Banro is pleased to provide an update on the progression of the Company's recapitalization announced in the Company's January 31, 2017 press release. Banro reports that, as contemplated by the terms of the Recapitalization, the Ontario Superior Court of Justice has issued the interim order which, among other things, authorizes the Company to [...]
TORONTO, ONTARIO--(Marketwired - Feb 7, 2017) - Banro Corp. (the "Company" or "Banro") (NYSE MKT:BAA)(TSX:BAA) reports that on February 7, 2017, a group of armed robbers attempted to enter the gate of Banro's Twangiza mine site camp. In the process of this robbery attempt, three mine police officers and one of the armed robbers were killed, and a [...]
TORONTO, ONTARIO--(Marketwired - Jan 31, 2017) - Banro Corp. ("Banro" or the "Company") (NYSE MKT:BAA)(TSX:BAA) today announced that it has entered into a support agreement (the "Support Agreement") with major stakeholders to recapitalize the Company by refinancing a total of US$207.5 million of outstanding debt, equitizing the outstanding [...]
TORONTO, ONTARIO--(Marketwired - Jan 11, 2017) - Banro Corp. ("Banro" or the "Company") (NYSE MKT:BAA)(TSX:BAA) announces preliminary operating results for the fourth quarter of 2016. HIGHLIGHTS Twangiza and Namoya produced a combined 50,449 ounces of gold during the fourth quarter of 2016, for 2016 annual consolidated gold production of 197,691 [...]
TORONTO, ONTARIO--(Marketwired - Dec 30, 2016) - Banro Corp. (the "Company") (NYSE MKT:BAA)(TSX:BAA) announces that it has received notice from the NYSE MKT LLC (the "NYSE MKT") pursuant to Section 1003(f)(v) of the NYSE MKT's Company Guide that, due to the Company's current low selling share price, the Company's continued listing on the NYSE MKT [...]
TORONTO, ONTARIO--(Marketwired - Nov 7, 2016) - Banro Corp. ("Banro" or the "Company") (NYSE MKT:BAA)(TSX:BAA) today announced its financial and operating results for the third quarter of 2016. HIGHLIGHTS Record revenues in Q3 2016 of $67 million, representing an increase of 75% over Q3 2015 revenues of $39 million. Year-to-date revenues are $174 [...]
TORONTO, ONTARIO--(Marketwired - Nov 1, 2016) - Banro Corp. ("Banro" or the "Company") (NYSE MKT:BAA)(TSX:BAA) is pleased to announce the appointment of Dave Langille as Chief Financial Officer of the Company, effective November 1, 2016. Mr. Langille is a senior strategic finance executive with over 29 years of international public company [...]
TORONTO, ONTARIO--(Marketwired - Oct 11, 2016) - Banro Corp. ("Banro" or the "Company") (NYSE MKT:BAA)(TSX:BAA) announces operating results for the third quarter of 2016. Q3 OPERATIONAL HIGHLIGHTS Twangiza and Namoya produced a combined 53,377 ounces of gold during the third quarter of 2016, for year-to-date total production of 147,242 ounces of [...]
TORONTO, ONTARIO--(Marketwired - Sep 15, 2016) - Banro Corp. ("Banro" or the "Company") (NYSE MKT:BAA)(TSX:BAA) hereby notifies holders of Series A Preference Shares of Banro ("Banro Series A Shares") and holders of Preferred Shares of Banro Group (Barbados) Limited ("Barbados Preferred Shares") that (a) the board of directors of Banro has [...]
TORONTO, ONTARIO--(Marketwired - Aug 10, 2016) - Banro Corp. ("Banro" or the "Company") (NYSE MKT:BAA)(TSX:BAA) today announced its financial and operating results for the second quarter of 2016. HIGHLIGHTS Q2 2016 consolidated (combined Twangiza and Namoya) gold production of 49,673 ounces, an increase of 45% from Q2 2015, with a consolidated [...]
