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BANRO CORP. T.BAA

"Banro Corp through its subsidiaries, is engaged in the exploration and development of its gold properties, including Twangiza, Namoya, Lugushwa and Kamituga."


TSX:BAA - Post by User

Post by SGordonon Aug 29, 2017 3:18pm
251 Views
Post# 26633750

From BAA...

From BAA...Thanks for your message.

Management and the Board are working to arrest the recent slide in the share price with an eye to returning value to all shareholders.

Please note that the plan of arrangement that was executed on 19th April 2017 resulted in the Company having two significant new shareholders as a result of their previous positions in the Preferred Shares of the Company being converted to ordinary shares. This appears to have also impacted upon the various positions held by all members of the shareholder group.

Best regards

Rory

Rory Taylor
Chief Financial Officer
Banro Corporation
Suite 7070 - 1 First Canadian Place
100 King Street West, P.O. Box 419
Toronto, ON, Canada M5X 1E3
Cell: +1 416 859 6576
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