TORONTO, CANADA--(Marketwired - Oct 15, 2014) - Banro Corp. ("Banro") (NYSE MKT:BAA)(TSX:BAA) is pleased to announce that, pursuant to the memorandum of understanding announced by Banro on August 18, 2014, it is progressing towards finalizing the definitive agreements with Gold Holding Ltd. ("Gold Holding") for the two gold sale transactions to [...]
- Twangiza reports best quarterly gold production to date with 30% increase in gold production over Q3 2013 TORONTO, ONTARIO--(Marketwired - Oct 7, 2014) - Banro Corp. ("Banro" or the "Company") (NYSE MKT:BAA)(TSX:BAA) is pleased to report an increase of more than 30% in gold production at its Twangiza mine over the third quarter of 2013 and to [...]
TORONTO, ONTARIO--(Marketwired - Sep 22, 2014) - Banro Corp. ("Banro" or the "Company") (NYSE MKT:BAA) (TSX:BAA) wishes to comment on the unusual market activity and volatility of its common shares experienced on both the Toronto and New York (MKT) stock exchanges on Friday September 19. The Company continues with the plans set out in its August [...]
- Banro closes a US$35.5 million liquidity backstop facility - Banro signs a non-binding Memorandum of Understanding for gold sale/streaming transactions for aggregate proceeds of US$121 million - Banro announces certain changes to senior management team TORONTO, ONTARIO--(Marketwired - Aug 18, 2014) - Banro Corp. ("Banro" or the "Company") (NYSE [...]
TORONTO, ONTARIO--(Marketwired - Aug 14, 2014) - Banro Corp. ("Banro" or the "Company") (NYSE MKT:BAA)(TSX:BAA) today announced its financial and operating results for the second quarter of 2014. FINANCIAL HIGHLIGHTS Revenue of $26.5 million ($24.5 million in Q2 2013) and a net loss of $3.0 million or $0.01 per share (net loss of $3.1 million or [...]
Banro wishes to provide a corporate update in respect of its financial requirements. Over the past several weeks, Banro has been evaluating options for the optimization of the Namoya gold plant and assessing the financial requirements of the Company for the upcoming months to implement the strategy outlined in the July 9, 2014 press release. In [...]
TORONTO, ONTARIO--(Marketwired - Jul 23, 2014) - Banro Corp. ("Banro" or the "Company") (NYSE MKT:BAA)(TSX:BAA) wishes to provide a brief overview of progress at its Twangiza and Namoya mines in the Democratic Republic of the Congo ("DRC"). Namoya Update "The quality of the ore at Namoya is not in question. The metallurgy and grade are as [...]
TORONTO, ONTARIO--(Marketwired - Jul 9, 2014) - Banro Corp. ("Banro" or the "Company") (NYSE MKT:BAA)(TSX:BAA) provides Q2 2014 gold production and an operations update for its Twangiza and Namoya gold mines in the Democratic Republic of the Congo (the "DRC"). Twangiza Mine Twangiza produced 21,431 ounces of gold in Q2 2014, an increase of 10.8 [...]
Banro announces that the six nominees listed in the Company's management information circular for the annual and special meeting of shareholders of the Company held on Friday, June 27, 2014 were elected at the Meeting as directors of Banro. The vote was conducted by a show of hands. The detailed results of the votes received by proxy are set out [...]
TORONTO, ONTARIO--(Marketwired - Jun 25, 2014) - Banro Corp. ("Banro" or the "Company") (NYSE MKT:BAA) (TSX:BAA) is pleased to announce that Liberty Street Capital has withdrawn its dissident nominees for election at the Company's contested Annual and Special Shareholder Meeting to be held on June 27, 2014, effective immediately. "On behalf of the [...]
Shareholders are asked to vote BLUE proxy before 4:00 p.m. (Toronto time) on Wednesday, June 25, 2014 TORONTO, ONTARIO--(Marketwired - Jun 23, 2014) - Banro Corp. ("Banro" or the "Company" or "we") (NYSE MKT:BAA)(TSX:BAA) is encouraged to have received strong support from shareholders as well as ISS and Glass Lewis (independent international [...]
TORONTO, ONTARIO--(Marketwired - Jun 19, 2014) - Banro Corp. ("Banro" or the "Company") (TSX:BAA)(NYSE MKT: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 June [...]