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 [...]
TORONTO, ONTARIO--(Marketwired - Aug 12, 2015) - Banro Corp. ("Banro" or the "Company") (NYSE MKT:BAA)(TSX:BAA) today announced its financial and operating results for the second quarter of 2015. FINANCIAL HIGHLIGHTS Record Q2 2015 revenues of $42.6 million, a 61% increase over Q2 2014 revenues of $26.5 million; and record H1 2015 revenues of [...]
TORONTO, ONTARIO--(Marketwired - Jul 29, 2015) - Banro Corp. ("Banro" or the "Company") (NYSE MKT:BAA)(TSX:BAA) announces that it has filed on SEDAR a National Instrument 43-101 technical report in respect of the Company's Twangiza gold mine, which follows the Mineral Reserve update for Twangiza announced by the Company in its June 8, 2015 press [...]
Twangiza Production Remains Strong as Namoya Continues Ramp-up to Commercial Production TORONTO, ONTARIO--(Marketwired - Jul 9, 2015) - Banro Corp. ("Banro" or the "Company") (NYSE MKT:BAA)(TSX:BAA) today announced its operating results for the second quarter of 2015. Q2 OPERATIONAL HIGHLIGHTS Twangiza produced 34,325 ounces of gold in the [...]
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 Thursday, June 25, 2015 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 19, 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 June [...]
TORONTO, ONTARIO--(Marketwired - Jun 16, 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 [...]
TORONTO, ONTARIO--(Marketwired - Jun 8, 2015) - Banro Corp. ("Banro" or the "Company") (NYSE MKT:BAA)(TSX:BAA) is pleased to provide an update of its Mineral Resource and Mineral Reserve estimates at its wholly-owned projects on the Twangiza-Namoya gold belt in the Democratic Republic of the Congo ("DRC"). The annual review of Mineral Resources and [...]
Banro hereby notifies holders of Series A Preference Shares of Banro and holders of Preferred Shares of Banro Group (Barbados) Limited that the board of directors of each of Banro and Banro Group (Barbados) Limited has authorized and declared, in respect of the December 31, 2014 Dividend Payment Date, a dividend payable of US$0.67 per Banro Series [...]
TORONTO, ONTARIO--(Marketwired - May 20, 2015) - Banro Corp. ("Banro" or the "Company") (NYSE MKT:BAA)(TSX:BAA) is pleased to announce that Mick Oliver has been appointed to the Company's board of directors as an additional independent director. Mr. Oliver has 38 years' experience in the mining sector. From 1996 to 2014, he held senior positions [...]
TORONTO, ONTARIO--(Marketwired - May 13, 2015) - Banro Corp. ("Banro" or the "Company") (NYSE MKT:BAA)(TSX:BAA) today announced its financial and operating results for the first quarter of 2015. FINANCIAL HIGHLIGHTS Record Q1 2015 revenue of $41 million, a 35% increase over Q1 2014 ($30 million); 39% increase in gold ounces sold Gross earnings [...]
TORONTO, ONTARIO--(Marketwired - Apr 30, 2015) - Banro Corp. ("Banro" or the "Company") (NYSE MKT:BAA)(TSX:BAA) announces that it has closed the US$70 million balance of its previously announced financing (the "Financing"), such balance includes a US$20 million gold forward sale transaction relating to the Twangiza mine and a US$50 million gold [...]