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Banro Corp (BAA.TO)

BAA.TO on Toronto Stock Exchange

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28 Apr 2017
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Latest Key Developments (Source: Significant Developments)

Banro announces Q1 2017 production results
Thursday, 13 Apr 2017 05:00pm EDT 

Banro Corp - : Banro announces Q1 2017 production results . Banro Corp- recoveries at twangiza during q1 of 2017 continued to be impacted by blend of ore types based on available run-of-mine ore . Banro Corp - Banro produced 46,215 ounces of gold during q1 2017, twangiza contributing 23,115 ounces of gold,namoya with 23,100 ounces of gold .Banro Corp - qtrly total ore mined for twangiza mine 603,460 tonnes, up 31 percent, qtrly total ore mined for namoya mine 487,629 tonnes, up 29 percent.  Full Article

Banro provides update on recapitalization transactions
Friday, 7 Apr 2017 09:15am EDT 

Banro Corp : Banro provides update on recapitalization transactions .Banro Corp- company anticipates implementing plan of arrangement and closing recapitalization on April 12, 2017.  Full Article

BANRO ANNOUNCES EXECUTION OF SUPPORT AGREEMENT FOR RECAPITALIZATION TRANSACTIONS
Tuesday, 31 Jan 2017 10:59am EST 

Banro Corp : BANRO ANNOUNCES EXECUTION OF SUPPORT AGREEMENT FOR RECAPITALIZATION TRANSACTIONS . BANRO CORP - AGREEMENT TO RECAPITALIZE COMPANY BY REFINANCING A TOTAL OF US$207.5 MILLION OF OUTSTANDING DEBT . BANRO -DORE LOAN WILL BE AMENDED TO EXTEND MATURITY DATES FROM JULY 15, 2018 AND SEPTEMBER 1, 2018 TO MARCH 1, 2020, WITH ALL OTHER TERMS UNCHANGED . BANRO CORP- INTENDS TO IMPLEMENT RECAPITALIZATION BY WAY OF A CORPORATE PLAN OF ARRANGEMENT .BANRO CORP - AGREEMENT TO EQUITIZE OUTSTANDING PREFERRED SHARES AND RAISE US$45 MILLION BY WAY OF A GOLD FORWARD SALE.  Full Article

Banro says Twangiza and Namoya produced a combined 50,449 ounces of gold during Q4
Wednesday, 11 Jan 2017 09:40pm EST 

Banro Corp : Banro announces Q4 and record 2016 production results . Twangiza and Namoya produced a combined 50,449 ounces of gold during Q4 of 2016 . Twangiza produced 26,395 ounces of gold in Q4 of 2016 .Namoya produced 24,054 ounces of gold in Q4 of 2016.  Full Article

Banro achieves record gold production in Q3
Tuesday, 11 Oct 2016 07:00am EDT 

Banro Corp : Banro achieves record gold production in Q3 as Namoya delivers steady-state performance . Banro Corp - Twangiza and Namoya produced a combined 53,377 ounces of gold during Q3 of 2016 . Banro Corp - remains on track to meet 2016 annual gold production guidance .Banro Corp- recoveries at Twangiza during quarter were impacted by blend of ore type based on available mining faces.  Full Article

Banro CFO Kevin Jennings resigns
Tuesday, 26 Jul 2016 07:50am EDT 

Banro Corp : Banro provides corporate update . Banro Corp says Kevin Jennings, Chief Financial Officer of Banro, has accepted a position at another firm and will be resigning from company . Says Jennings will remain with Banro for next couple of months to ensure a smooth transition to new CFO .Company will conduct a search for a new CFO.  Full Article

Banro announces Q2 gold production results
Monday, 11 Jul 2016 05:43pm EDT 

Banro Corp : Twangiza and Namoya produced a combined 49,673 ounces of gold during Q2 of 2016 . Banro achieves record gold production results in Q2 as Namoya ramps up to full production levels .Banro Corp - second half of 2016 expected to deliver bulk of annual production for Twangiza and Namoya mines.  Full Article

Banro Q1 revenue $47 million
Wednesday, 11 May 2016 05:28pm EDT 

Banro Corp : Banro corp says twangiza produced 26,638 ounces of gold in q1 2016 with a cash cost of $639 per ounce . Q1 2016 consolidated (combined twangiza and namoya) gold production of 44,192 ounces with a cash cost of $767 per ounce . Banro corp says namoya produced 17,554 ounces of gold in q1 2016 with a cash cost of $959 per ounce . Production from twangiza, namoya mines is heavily weighted in mine plan to second half of year . Banro corp qtrly loss per share $0.09 . Banro announces q1 2016 financial results .Q1 revenue $47 million.  Full Article

Banro Corp gives FY 2015 gold production guidance
Thursday, 9 Jul 2015 05:50pm EDT 

Banro Corp:Sees FY 2015 annual gold production as a result of the outperformance of Twangiza combined with the delayed ramp-up of Namoya is expected to be 175,000 to 195,000 ounces.  Full Article

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BRIEF-Banro announces Q1 2017 production results

* Banro Corp- recoveries at twangiza during q1 of 2017 continued to be impacted by blend of ore types based on available run-of-mine ore