Banro is pleased to report that it has received notice from the NYSE MKT LLC that Banro is back in compliance with the NYSE MKT's continued listing standards. Specifically, Banro has resolved the continued listing deficiency with respect to Section 1003(f)(v) of the NYSE MKT's Company Guide referenced in Banro's September 29, 2015 press release [...]
TORONTO, ONTARIO--(Marketwired - Feb. 26, 2016) - Banro Corp. ("Banro" or the "Company") (NYSE MKT:BAA)(TSX:BAA) announces that, further to its February 16, 2016 press release, it has closed the remaining US$31.25 million of its previously announced financing (the "Financing"), comprising a US$22.5 million term loan funded by RFW Banro Investments [...]
TORONTO, ONTARIO--(Marketwired - Feb 16, 2016) - Banro Corp. ("Banro" or the "Company") (NYSE MKT:BAA)(TSX:BAA) announces that, further to its December 31, 2015 press release, it has closed US$67.5 million of its previously announced financing (the "Financing"), representing the gold streaming transaction relating to the Twangiza mine (the [...]
TORONTO, ONTARIO--(Marketwired - Jan 11, 2016) - Banro Corp. ("Banro" or the "Company") (NYSE MKT:BAA)(TSX:BAA) announces operating results for the fourth quarter of 2015 and declares commercial production at Namoya. HIGHLIGHTS Twangiza produced 30,440 ounces of gold in the fourth quarter of 2015, for annual production of 135,532 ounces of gold [...]
- Banro signs definitive agreements with Chinese mining investment fund, Resource FinanceWorks ("RFW"), for US$98.75 million financing expected to close in January 2016 - In addition, RFW acquires US$60 million of outstanding debt and preferred shares from current investors - Banro agrees to transfer funds to the Senior Notes trustee [...]
TORONTO, CANADA--(Marketwired - Dec 17, 2015) - Banro Corp. ("Banro" or the "Company") (NYSE MKT:BAA)(TSX:BAA) is pleased to report on the 2015 achievements of the Banro Foundation, a registered charity in the Democratic Republic of the Congo (the "DRC") which invests in education, health care and social infrastructure development and in [...]
TORONTO, ONTARIO--(Marketwired - Nov 11, 2015) - Banro Corp. ("Banro" or the "Company") (NYSE MKT:BAA)(TSX:BAA) today announced its financial and operating results for the third quarter of 2015. TWANGIZA OPERATIONAL HIGHLIGHTS Twangiza year-to-date production increases 53% to 105,092 ounces from 68,739 ounces in 2014, exceeding full year 2014 [...]
TORONTO, CANADA--(Marketwired - Oct 19, 2015) - Banro Corp. ("Banro" or the "Company") (TSX:BAA) (NYSE MKT:BAA) is pleased to announce that the Company has been formally recognized for its social investment programs in the Democratic Republic of the Congo (the "DRC") with the award of "Best Performer in Social Investment" at the DRC Mining Industry [...]
Twangiza Performance Remains Strong as Namoya Presses Forward TORONTO, ONTARIO--(Marketwired - Oct 13, 2015) - Banro Corp. ("Banro" or the "Company") (NYSE MKT:BAA)(TSX:BAA) today announced its operating results for the third quarter of 2015. Q3 OPERATIONAL HIGHLIGHTS Twangiza produced 34,824 ounces of gold in the third quarter of 2015, a 28 [...]
Banro announces that it has received notice from the NYSE MKT LLC 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 is contingent upon there being a sustained increase in its share price within the next six months or such longer [...]
TORONTO, ONTARIO--(Marketwired - Sep 18, 2015) - Drilling at Namoya intersects significant mineralization including 16.00 metres grading 5.35 g/t Au, 15.00 metres grading 5.00 g/t Au and 24.00 metres grading 2.77 g/t Au Banro closes US$16 million in financing consisting of a gold forward sale to provide working capital for Namoya ramp up, and a [...]
