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Tag "banro-corporation"

Banro Announces Q3 2014 Financial Results 0

TORONTO, ONTARIO — (Marketwired) — 11/11/14 — Banro Corporation ("Banro" or the "Company") (NYSE MKT: BAA)(TSX: BAA) today announced its financial and operating results for the third quarter of 2014.FINANCIAL HIGHLIGHTSOPERATIONAL HIGHLIGHTSAll dollar amounts in this press release are expressed in thousands of dollars and, unless otherwise specified, in United States dollars.The table below provides a summary of financial and operating results for the three and nine-mont

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Banro Foundation Signs Agreement with Multilateral and DRC Government-Funded Agency for Construction of 13 New Schools and Hospital in Eastern Congo 0

TORONTO, ONTARIO — (Marketwired) — 11/06/14 — Banro Corporation ("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 in particular represent wholly new departures by the Foundation in tackling the challenges of development in

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Banro and the Bangu Bangu-Salamabila Community of Namoya in the Maneima Province of D. R. Congo Sign a Memorandum of Understanding 0

TORONTO, ONTARIO — (Marketwired) — 11/06/14 — Banro Corporation ("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 Namoya mine operates.The MOU was signed recently by Banro and the Bangu Bangu – Salamabila Sector a

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Banro Provides Notice of Q3 2014 Financial Results Release & Investor Conference Call Details 0

Investor Conference Call to Be Held 11:00 AM EST Wednesday November 12, 2014

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Banro and Gold Holding Sign Definitive Agreement for US$41 Million Gold Sale Transaction 0

TORONTO, ONTARIO — (Marketwired) — 11/04/14 — Banro Corporation ("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 transaction, which is expected to close within the next few weeks, involves the prepayment by Gold Holding of US$41 mi

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Banro and Gold Holding Advance Toward Definitive Agreements for Banro–s US$121 Million Financing 0

TORONTO, CANADA — (Marketwired) — 10/15/14 — Banro Corporation ("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 raise US$121 million in financing for Banro, the first such transaction for US$41 million relating to the Twangiza mine and

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Banro Provides Q3 2014 Production Update for its Twangiza Gold Mine, DRC, and Brief Operations Overview 0

– Twangiza reports best quarterly gold production to date with 30% increase in gold production over Q3 2013

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Banro Comments on Market Activity 0

TORONTO, ONTARIO — (Marketwired) — 09/22/14 — Banro Corporation ("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 18, 2014 press release and has no news pending at this time and no material changes to report.It came to the attention of

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Banro and Banro Group (Barbados) Limited Declare Dividends Payable on Series A Preference Shares of Banro and Preferred Shares of Banro Group (Barbados) Limited 0

TORONTO, ONTARIO — (Marketwired) — 12/16/13 — Banro Corporation ("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 the board of directors of each of Banro and Banro Group (Barbados) Limited has authorized and declared a dividend payable of US$0.58 per Banro Serie

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Banro Announces Corporate and Board Appointments and Provides a Brief Operations Update 0

– Dr. John Clarke appointed to role of permanent President and CEO – Two new independent directors, Richard Brissenden and Derrick Weyrauch, join Banro board – Cyanide irrigation at Namoya heap leach commenced first week of December

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