Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum 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 Discussion

BANRO CORP. > From BAA...
View:
Post by SGordon on Aug 29, 2017 3:18pm

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
Comment by biggerr on Aug 29, 2017 5:55pm
also mines being located in one of the most corrupt countries in Africa being run by some generals in cahoots with an Israeli billionaire doesn't help, ha
Comment by biggerr on Aug 29, 2017 6:05pm
it's hard to believe that a co' which produces some 150K ounces of gold from 2 mines has only a $35 mil. cap. Exploration companies with no mines have a cap like that for gawd sake
Comment by biggerr on Aug 29, 2017 6:28pm
unless there is some deep dark secret to which I'm not privy and then I'm f%kd, ha
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities