BANRO CORP. T.BAA

Metals & Mining Gold

"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

BANRO CORP.

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Post by 1option1on Feb 12, 2014 8:52am

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Post# 22199042

NEWS- Banro Announces US$40 Million Financing

Banro Announces US$40 Million Financing

TORONTO, ONTARIO--(Marketwired - Feb. 12, 2014) - Banro Corporation ("Banro" or the "Company") (NYSE MKT:BAA)(TSX:BAA) announces that it intends to raise US$40 million through the issue of convertible preferred shares by way of a non-brokered private placement (the "Private Placement"). The Company has received a non-binding commitment from Gramercy Funds... Read more

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Understanding tax loss season and the “Santa Claus rally”