BANRO CORP. T.BAA

News june 25

[arielpls]

The smear campaign is over. Dissidents withdrew their candidate! 

 

In addition, they announced the development of two projects: Lugushwa and Kamituga. Gold is coming!

TORONTO, ONTARIO--(Marketwired - June 25, 2014) - Banro Corporation ("Banro" or the "Company") (NYSE MKT:BAA) (TSX:BAA) is pleased to announce that Liberty Street Capital has withdrawn its dissident nominees for election at the Company's contested Annual and Special Shareholder Meeting to be held on June 27, 2014, effective immediately.

"On behalf of the board and management, I would like to thank our institutional and retail shareholders for their continued support of our company," said Richard Brissenden, Chairman of the board at Banro Corporation. "Banro is at a critical point in its life cycle, with the Company poised to enhance long-term value for shareholders, and intends to insure that the go-forward plan continues to respond to the feedback we have received from our shareholders."

While this process has been very costly and a distraction to management and the board, Banro remains focused and is confident that the clarity achieved through shareholder engagement will better enable the Company to proceed with business at hand and continue to enhance value for all shareholders.

Banro has strong corporate governance with a renewed board of highly experienced professionals. Banro's board and management remains focused on gold production from the Twangiza and Namoya mines, with longer term objectives that include the development of two additional major, wholly-owned gold projects, Lugushwa and Kamituga. Banro is reaching a milestone in its history where it will be able to reap the benefits afforded to a multi-mine company.

[torontom]

smear campaign? are you happy with BAA's management team? the share price went from over $5.00 to less than $0.50 in 3 years.... management lies, as they do not want to tell you the trouble and because they want to keep their own jobs.

[arielpls]

The majority speak!  Now focus our efforts on the development and production ... 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 of the Company

[torontom]

You can sure say that, but be clear who is waging smear campaign... who does not want to tell you the truth... Following the vote, the stock does not show any sign of better life... I still remember that former CEO was ditched abruptly not long ago for no given reason and the current CEO is not doing any better...

[arielpls]

First, a new election based on the CEO does not really impact a title.    Second, Colson sold shares recently. As for me, they could go now, because this is a sign of lack of confidence. I would not even be surprised that a new mentions that he leaves ...    Third, the vast majority of  Gold mining title fell sharply in 2013 (ELD from $ 22 to $ 6, IMG $ 22 to $ 4

[torontom]

Now you know their trick now, moron! you need to go to the kindergarten. This happens immediately following the vote! On their left hand they have the document to ask shareholder's support, on the right hand is the document for press release to reduce the production guidance substantially. Banro Corporation (T.BAA) downsizes 2014 production guidance by ~24% and shares tank 30% Read more at