Banro today announced its operating results for the first quarter of 2015. COMPANY Q1 OPERATIONAL HIGHLIGHTS Twangiza produced 35,943 ounces of gold in the first quarter of 2015, a 78% increase over Q1 2014 (20,137 ounces in Q1 2014), successfully managing the adverse impact of the rainy season. Process plant throughput achieved 101% of the 1.7 [...]
TORONTO, ONTARIO--(Marketwired - Mar 31, 2015) - Banro Corp. ("Banro" or the "Company") (NYSE MKT:BAA)(TSX:BAA) intends to release its year end 2014 financial results by Monday, April 6, 2015 and follow with an investor conference call at 11:00 am EST on Tuesday, April 7, 2015. Dial-in details for the conference call will be included in the April 6 [...]
TORONTO, ONTARIO--(Marketwired - Mar 12, 2015) - 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, further to the Company's press release of March [...]
TORONTO, ONTARIO--(Marketwired - Mar 12, 2015) - Banro Corp. ("Banro" or the "Company") (NYSE MKT:BAA) (TSX:BAA) reports that, further to its February 27, 2015 press release announcing the Company's US$100 million financing (the "Financing"), it has mailed to holders of the Company's outstanding 10% senior secured notes (the "Notes") a consent [...]
TORONTO, ONTARIO--(Marketwired - Mar 5, 2015) - 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") of the following information necessary to calculate [...]
- Banro closes first tranche of financing for US$20 million on Twangiza gold forward sale, with US$80 million balance of financing expected to close in April. - Namoya agglomeration drum delivered to site, installed and in operation. - Banro commences consent solicitation to implement certain amendments to its Note Indenture. TORONTO [...]
- Banro achieves record gold production from its two mines of 38,236 ounces in Q4 2014 - Twangiza reports second consecutive record quarterly gold production of 29,445 ounces and annual production of 98,184 ounces, an increase of 19% over 2013 production of 82,591 ounces - Namoya achieves production of 8,791 ounces of gold in Q4, up from the [...]
TORONTO, ONTARIO--(Marketwired - Nov 11, 2014) - Banro Corp. ("Banro" or the "Company") (NYSE MKT:BAA)(TSX:BAA) today announced its financial and operating results for the third quarter of 2014. FINANCIAL HIGHLIGHTS Revenue of $33.3 million ($27.1 million in Q3 2013) and a net income of $3.8 million or $0.01 per share (net loss of $3.7 million or [...]
TORONTO, ONTARIO--(Marketwired - Nov 6, 2014) - Banro Corp. ("Banro" or the "Company") (NYSE MKT:BAA)(TSX:BAA) is pleased to report on the 2014 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. Two initiatives [...]
TORONTO, ONTARIO--(Marketwired - Nov 6, 2014) - Banro Corp. ("Banro" or the "Company") (NYSE MKT:BAA)(TSX:BAA) is pleased to announce that it has signed a Memorandum of Understanding (the "MOU") with the community of the Bangu Bangu - Salamabila administrative sector of Maniema Province, Democratic Republic of the Congo (the "DRC"), where Banro's [...]
Investor Conference Call to Be Held 11:00 AM EST Wednesday November 12, 2014 TORONTO, ONTARIO--(Marketwired - Nov 5, 2014) - Banro Corp. ("Banro" or the "Company") (NYSE MKT:BAA)(TSX:BAA) intends to release its Q3 2014 financial results on Tuesday November 11, 2014 and follow with a conference call at 11:00AM EST on Wednesday November 12, 2014 [...]
TORONTO, ONTARIO--(Marketwired - Nov 4, 2014) - Banro Corp. ("Banro") (NYSE MKT:BAA)(TSX:BAA) is pleased to announce, further to Banro's October 15, 2014 and August 18, 2014 press releases, the signing of the definitive agreement with Gold Holding Ltd. ("Gold Holding") for the US$41 million gold sale transaction relating to the Twangiza mine. This [...]
