Company Press Releases

Banro Corp. Appoints New Chairman and Chief Executive Officer

2018-05-07 / @marketwired

TORONTO, ONTARIO--(Marketwired - May 7, 2018) - Banro Corporation Ltd. (the "Company" or "Banro") (TSX:BAA)(NYSE American:BAA)(NYSE MKT:BAA) is pleased to announce the appointment of Mr. Brett A. Richards as the Chairman and Chief Executive Office...Read More

Banro Corp. Appoints New Chairman and Chief Executive Officer

2018-05-07 / @marketwired

TORONTO, ONTARIO--(Marketwired - May 7, 2018) - Banro Corporation Ltd. (the "Company" or "Banro") (TSX:BAA)(NYSE American:BAA)(NYSE MKT:BAA) is pleased to announce the appointment of Mr. Brett A. Richards as the Chairman and Chief Executive Officer of Banro, with immedi...Read More

Banro Announces Effectiveness of its Recapitalization Plan and Intent to Terminate Registration under Securities Exchange Act of 1934 with the U.S. Securities and Exchange Commission

2018-05-03 / @newswire

TORONTO, May 3, 2018 /CNW/ - Today, Banro Corporation (the "Company") announced the effectiveness of its Amended Consolidated Plan of Compromise and Reorganization (the "Recapitalization Plan"), which, as previously announced, was sanctioned by the Ontario Superior Court of Jus...Read More

Banro Announces Court Approval of Recapitalization Plan

2018-03-27 / @newswire

TORONTO, March 27, 2018 /CNW/ - Banro Corporation ("Banro" or the "Company") and its Barbados-based subsidiaries (collectively, the "Companies" and together with the subsidiaries in the Democratic Republic of the Congo (the "DRC"), the &q...Read More

Banro Announces Support for Recapitalization Plan

2018-03-09 / @newswire

TORONTO, March 9, 2018 /CNW/ - Banro Corporation ("Banro" or the "Company") and its Barbados-based subsidiaries (collectively, the "Companies" and together with the subsidiaries in the Democratic Republic of the Congo (the "DRC"), the "Banro Group&...Read More

Banro Announces Intention to Proceed with Recapitalization Plan

2018-03-05 / @newswire

TORONTO, March 5, 2018 /CNW/ - Banro Corporation ("Banro" or the "Company") and its Barbados-based subsidiaries (collectively, the "Companies") announce that, in connection with the Companies' restructuring proceedings under the Companies' Creditors Arr...Read More

Banro Provides Update to Affected Creditors

2018-02-15 / @newswire

TORONTO, Feb. 15, 2018 /CNW/ - Banro Corporation ("Banro") and its Barbados-based subsidiaries (collectively, the "Companies") wish to advise all Affected Creditors that, in connection with the Companies' restructuring proceedings under the Companies' Creditors Arrang...Read More

Banro Announces Meetings of Creditors and Claims Procedures

2018-02-01 / @newswire

TORONTO, Feb. 1, 2018 /CNW/ - Banro Corporation ("Banro") and its Barbados based subsidiaries (collectively, the "Companies") announced today their consolidated plan of compromise and reorganization (the "Plan") has been accepted for filing by the Ontario Superio...Read More

Banro Announces Commencement of Court-Approved Sale and Investment Solicitation Process

2018-01-22 / @newswire

TORONTO, Jan. 22, 2018 /CNW/ - On December 22, 2017,  Banro Corporation ("Banro") and its Barbados based subsidiaries (collectively, the "Companies") commenced restructuring proceedings under the Companies' Creditors Arrangement Act ("CCAA") pursuant to an i...Read More

Banro Announces Court Approval of Sale and Investment Solicitation Process, Availability under DIP Facility and Extension of Stay under Restructuring Proceedings

2018-01-18 / @newswire

TORONTO, Jan. 18, 2018 /CNW/ - Banro Corporation ("Banro" or the "Company") (NYSE American - "BAA"; TSX - "BAA") announced today that the Company and its Barbados based subsidiaries have obtained approval from the Ontario Superior Court of Justice (Commercia...Read More

Banro Announces Q4 2017 Production Results

2018-01-10 / @newswire

TORONTO, Jan. 10, 2018 /CNW/ - Banro Corporation ("Banro" or the "Company") (NYSE American - "BAA"; TSX - "BAA") announces operating results for the fourth quarter ("Q4") of 2017. HIGHLIGHTS Twangiza and Namoya prod...Read More

Banro Provides Update on Namoya Mine

2018-01-03 / @marketwired

TORONTO, ONTARIO--(Marketwired - Jan. 3, 2018) - Banro Corporation (the "Company") (NYSE MKT:BAA)(TSX:BAA) reports that mining operations at the Company's Namoya mine have recommenced, as a result of the reestablishment of the road access to the mine. ...Read More

Banro Provides Update on Namoya Mine

2018-01-03 / @marketwired

TORONTO, ONTARIO--(Marketwired - Jan 3, 2018) - Banro Corporation (the "Company") (NYSE MKT:BAA)(TSX:BAA) reports that mining operations at the Company's Namoya mine have recommenced, as a result of the reestablishment of the road access to the mine. The Company is grateful...Read More

Banro provides update on stock exchange listings

2017-12-27 / @newswire

TORONTO, Dec. 27, 2017 /CNW/ - Banro Corporation ("Banro" or the "Company") (NYSE American - "BAA"; TSX - "BAA") announces that the Company has received notice that the Continued Listings Committee of the Toronto Stock Exchange (the "TSX") has...Read More

Banro provides update on stock exchange listings

2017-12-27 / @newswire

TORONTO, Dec. 27, 2017 /PRNewswire/ - Banro Corporation ("Banro" or the "Company") (NYSE American - "BAA"; TSX - "BAA") announces that the Company has received notice that the Continued Listings Committee of the Toronto Stock Exchange (the "TSX&quo...Read More

Banro announces support agreement for recapitalization transaction with key stakeholders, commences restructuring proceedings & receives order permitting interim financing of up to US$20 million

2017-12-22 / @marketwired

TORONTO, ONTARIO--(Marketwired - Dec. 22, 2017) - Banro Corporation ("Banro" or the "Company") (NYSE American:BAA)(TSX:BAA) announced today that the Company and its Barbados based subsidiaries have commenced restructuring proceedings under the Companie...Read More

Banro announces support agreement for recapitalization transaction with key stakeholders, commences restructuring proceedings & receives order permitting interim financing of up to US$20 million

2017-12-22 / @marketwired

TORONTO, ONTARIO--(Marketwired - Dec 22, 2017) - Banro Corporation ("Banro" or the "Company") (NYSE American:BAA)(TSX:BAA) announced today that the Company and its Barbados based subsidiaries have commenced restructuring proceedings under the Companies' Creditors A...Read More

Banro Announces Exercise of Contractual Right to Defer Interest Payment on Secured Notes

2017-12-01 / @newswire

TORONTO, Dec. 1, 2017 /CNW/ - Banro Corporation ("Banro" or the "Company") (NYSE American - "BAA"; TSX - "BAA") announced today that in accordance with the terms of the indenture (the "Indenture") governing its 10% secured notes due 2021, Banro has...Read More

IIROC Trade Halt - Banro Corporation

2017-11-21 / @newsfile

Toronto, Ontario--(Newsfile Corp. - November 21, 2017) - The following issues have been halted by IIROC: Company:  Banro Corporation TSX Symbol: BAA (all issues) Reason: Cease Trade Order Halt Time (ET) 08:00    IIROC can make a decision to impose a temporary suspensi...Read More

IIROC Trading Halt - BAA

2017-11-21 / @newswire

TORONTO, Nov. 21, 2017 /CNW/ - The following issues have been halted by IIROC: Company: Banro Corp. TSX Symbol: BAA (all issues) Reason: CTO Halt Time (ET): 8:00 AM IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Tradin...Read More

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