Banro Corp

Type: Company
Name: Banro Corp
First reported Sep 16 2014 - Updated Sep 16 2014 - 2 reports

Tuesday Sector Laggards: Precious Metals, General Contractors & Builders

In trading on Tuesday, precious metals shares were relative laggards, down on the day by about 0.6%. Helping drag down the group were shares of Banro Corporation (BAA), down about 5.3% and shares of Primero Mining (PPP) off about 2.8% on the day. ... [Published The US Daily - Sep 16 2014]
First reported Aug 28 2014 - Updated Aug 28 2014 - 1 reports

Short Interest in Banro Decreases By 24.5% (BAA)

Shares of Banro (NYSE:BAA) saw a large drop in short interest in the month of August. As of August 15th, there was short interest totalling 330,262 shares, a drop of 24.5% from the July 31st total of 437,434 shares, AnalystRatings.NET reports. Based on ... [Published American Banking News - Aug 28 2014]
First reported Aug 18 2014 - Updated Aug 19 2014 - 3 reports

Banro's (BAA) CEO John Clarke on Q2 2014 Results - Earnings Call Transcript

OperatorGood morning ladies and gentlemen, and welcome to the Banro Corporation Second Quarter 2014 Conference Call. After the presentation, we will conduct a question-and-answer session. Instructions will be given at that time. Please note that this ... [Published Seeking Alpha - Aug 19 2014]
First reported Aug 15 2014 - Updated Aug 15 2014 - 1 reports

Stock to Watch: Banro Down 6.1% (BAA)

Written on Fri, 08/15/2014 - 12:15pmBy Shiri GuptaBanro ( AMEX:BAA ) is one of today's worst performing penny stocks, down 6.1% to $0.20 on 1.4x average daily volume. Banro has traded 2.0 million shares thus far today, vs. average volume of 1.4 million ... [Published Comtex SmarTrend - Aug 15 2014]
First reported Aug 15 2014 - Updated Aug 15 2014 - 4 reports

Banro Announces Q2 2014 Financial Results

TORONTO, ONTARIO -- (Marketwired) -- 08/14/14 -- Banro Corporation ("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 ... [Published Virtual Strategy Magazine - Aug 15 2014]
First reported Aug 13 2014 - Updated Aug 13 2014 - 1 reports

Short Interest in Banro Declines By 12.5% (BAA)

Shares of Banro (NYSE:BAA) were the target of a large decrease in short interest in the month of July. As of July 31st, there was short interest totalling 437,434 shares, a decrease of 12.5% from the July 15th total of 500,164 shares, AnalystRatings.Net ... [Published American Banking News - Forex - Aug 13 2014]
First reported Jul 31 2014 - Updated Jul 31 2014 - 1 reports

Banro Provides a Corporate Update

TORONTO, ONTARIO--(Marketwired - July 30, 2014) - Banro Corporation ("Banro" or the "Company") (NYSE MKT:BAA)(TSX:BAA) wishes to provide a corporate update in respect of its financial requirements. ... [Published Marketwire - Breaking News Releases - Jul 31 2014]
First reported Jul 23 2014 - Updated Jul 24 2014 - 1 reports

Banro Provides Operations Update

TORONTO, ONTARIO--(Marketwired - July 23, 2014) - Banro Corporation ("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"). ... [Published Marketwire - Breaking News Releases - Jul 23 2014]
First reported Jul 03 2014 - Updated Jul 03 2014 - 1 reports

Counting the votes for Banro Corp. nominee directors after proxy battle called off

The plan by dissident shareholder, Liberty Street Capital Corp. to unseat the directors at Banro Corp. was called off last week, one day before the deadline for the proxies. While Liberty Street had a plan as well as some prominent nominees including ... [Published Financial Post - Top Stories - Jul 03 2014]
First reported Jun 27 2014 - Updated Jun 27 2014 - 1 reports

Banro Announces Election of Directors

TORONTO, ONTARIO--(Marketwired - June 27, 2014) - Banro Corporation ("Banro" or the "Company") (NYSE MKT:BAA) (TSX:BAA) announces that the six nominees listed in the Company's management information circular for the annual and special meeting of shareholders ... [Published Marketwire - Breaking News Releases - Jun 27 2014]
First reported Jun 20 2014 - Updated Jun 20 2014 - 2 reports

CSE: 2014-0615 - Notice Of Declared Dividend - Banro Corporation (BAA.PR.A)

TORONTO, ONTARIO--(Marketwired - June 20, 2014) - Banro Corporation has declared a dividend on its Preferred Shares of US $0.57 per Preferred Share payable June 30, 2014 to shareholders of record on June 26, 2014. ... [Published Marketwire - Breaking News Releases - Jun 20 2014]
First reported Jun 17 2014 - Updated Jun 17 2014 - 1 reports

No quarter given in Liberty Street, Banro Corp. proxy fight

At some stage proxy fights can turn nasty, a consequence of the constant war of words between the dissidents, which are clamoring for change, and the issuer which is seeking, in many cases, to maintain the previous order. June 17 was such a day in the ... [Published Financial Post - Top Stories - Jun 17 2014]

Quotes

...The CDP report stated that, "Assessing the materiality of water issues for corporations is essential for institutional investors' portfolio protection. However, it is currently very difficult for investors to integrate water information into their investment decision-making process, primarily due to a lack of adequate and consistent information about corporate water issues."
John Clarke, Chief Executive Officer of Banro, stated "We are pleased to be able to reaffirm the guidance on our production that we provided in early July. Once both mines are stabilized, we expect annual gold production from both Twangiza and Namoya to total 200,000 to 220,000 ounces. At this production level we expect cash costs in the range of US$725 to US$825 per ounce and all-in sustaining costs of US$875 to US$975 per ounce."
...from the delay in reaching full production at Namoya, Banro's second gold mine in the DRC," commented Banro board chairman Richard Brissenden. "With these financing transactions, Banro will be able to operate from a stable financial position to realize value for its stakeholders. We are also excited to announce that we are supplementing our management team with the addition of Kevin Jennings, whose extensive gold industry experience includes CFO of African Barrick Gold. This will permit Donat Madilo to focus on the important work within the DRC to further strengthen our commercial and governmental relationships. These financing transactions, together with the announced management changes, are part of a comprehensive plan to position Banro to deliver value to all stakeholders as it completes its transition from an exploration and development company to an operating company."
...Peter Ruxton. Dr. Ruxton will continue as a director on the board of directors of the Company. "We would like to thank Peter for leading Gentor's exploration activities in Turkey and Oman and look forward to his continued support and technical expertise as a member of the board" commented Arnold Kondrat. Mr. Kondrat has been Executive Vice-President and a director of Gentor for the past 7 years...

More Content

All (38) | News (12) | Reports (0) | Blogs (26) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
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Tuesday Sector Laggards: Precious Metals, Gener... [Published The US Daily - Sep 16 2014]
Tuesday Sector Laggards: Precious Metals, Gener... [Published Nasdaq - Sep 16 2014]
Water Pressures Intensify for Miners [Published Engineering And Mining Journal - Aug 28 2014]
Short Interest in Banro Decreases By 24.5% (BAA) [Published American Banking News - Aug 28 2014]
Banro's (BAA) CEO John Clarke on Q2 2014 Result... [Published Seeking Alpha - Aug 19 2014]
Banro Announces Financing Plan and Certain Seni... [Published Scottrade - Aug 18 2014]
Banro Announces Financing Plan and Certain Seni... [Published Reuters - Aug 18 2014]
Stock to Watch: Banro Down 6.1% (BAA) [Published Comtex SmarTrend - Aug 15 2014]
Banro Announces Q2 2014 Financial Results [Published Virtual Strategy Magazine - Aug 15 2014]
Banro Announces Q2 2014 Financial Results [Published Benzinga.com - Aug 15 2014]
Banro Announces Q2 2014 Financial Results [Published FinanzNachrichten.de - Aug 15 2014]
Banro Announces Q2 2014 Financial Results [Published Marketwire - Breaking News Releases - Aug 15 2014]
Short Interest in Banro Declines By 12.5% (BAA) [Published American Banking News - Forex - Aug 13 2014]
Banro Provides a Corporate Update [Published Marketwire - Breaking News Releases - Jul 31 2014]
Banro Provides Operations Update [Published Marketwire - Breaking News Releases - Jul 23 2014]
Banro Provides Q2 2014 Production Update for it... [Published Marketwire - Breaking News Releases - Jul 09 2014]
Counting the votes for Banro Corp. nominee dire... [Published Financial Post - Top Stories - Jul 03 2014]
Banro Announces Election of Directors [Published Marketwire - Breaking News Releases - Jun 27 2014]
Banro Announces Liberty Capital's Withdrawal of... [Published Marketwire - Breaking News Releases - Jun 25 2014]
Banro-Liberty Street proxy spat ends with a win... [Published Financial Post - Top Stories - Jun 25 2014]
CSE: 2014-0615 - Notice Of Declared Dividend - ... [Published Marketwire - Breaking News Releases - Jun 20 2014]
Banro and Banro Group (Barbados) Limited Declar... [Published Marketwire - Breaking News Releases - Jun 20 2014]
No quarter given in Liberty Street, Banro Corp.... [Published Financial Post - Top Stories - Jun 17 2014]
Banro Corp Issues Letter to Shareholders Urging... [Published Marketwire - Breaking News Releases - Jun 17 2014]
Banro Provides Information for Holders of Serie... [Published Marketwire - Breaking News Releases - Jun 14 2014]
Banro Provides Corporate Update [Published Marketwire - Breaking News Releases - Jun 02 2014]
Banro Announces Q1 2014 Financial Results [Published Marketwire - Breaking News Releases - May 14 2014]
Banro Files NI 43-101 Technical Report on Namoy... [Published Marketwire - Breaking News Releases - May 13 2014]
Banro Provides Q1 2014 Production Update for It... [Published Marketwire - Breaking News Releases - Apr 10 2014]
Banro Form 40-F Filed on Edgar; Annual Financia... [Published Marketwire - Breaking News Releases - Mar 31 2014]
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Banro Announces Q2 2014 Financial Results [Published Marketwire - Breaking News Releases - Aug 15 2014]
TORONTO, ONTARIO--(Marketwired - Aug. 14, 2014) - Banro Corporation ("Banro" or the "Company") (NYSE MKT:BAA)(TSX:BAA) today announced its financial and operating results for the second quarter of 2014. ...
Banro Provides a Corporate Update [Published Marketwire - Breaking News Releases - Jul 31 2014]
TORONTO, ONTARIO--(Marketwired - July 30, 2014) - Banro Corporation ("Banro" or the "Company") (NYSE MKT:BAA)(TSX:BAA) wishes to provide a corporate update in respect of its financial requirements. ...
Banro Provides Operations Update [Published Marketwire - Breaking News Releases - Jul 23 2014]
TORONTO, ONTARIO--(Marketwired - July 23, 2014) - Banro Corporation ("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"). ...
Banro Provides Q2 2014 Production Update for it... [Published Marketwire - Breaking News Releases - Jul 09 2014]
TORONTO, ONTARIO--(Marketwired - July 9, 2014) - Banro Corporation ("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 ...
Counting the votes for Banro Corp. nominee dire... [Published Financial Post - Top Stories - Jul 03 2014]
The plan by dissident shareholder, Liberty Street Capital Corp. to unseat the directors at Banro Corp. was called off last week, one day before the deadline for the proxies. While Liberty Street had a plan as well as some prominent nominees including ...
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