Banro Provides Information for Holders of Series A Preference Shares of Banro and Preferred Shares

Banro Provides Information for Holders of Series A Preference Shares of Banro and Preferred Shares of Banro Group (Barbados) Limited

ID: 400987

(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 06/16/15 -- Banro Corporation ("Banro" or the "Company") (NYSE MKT: BAA)(TSX: BAA) hereby notifies holders of Series A Preference Shares of Banro ("Banro Series A Shares") and holders of Preferred Shares of Banro Group (Barbados) Limited ("Barbados Preferred Shares") of the following information necessary to calculate the amount of dividends payable on such shares. This information is being provided in accordance with the terms of such shares. Defined terms in this press release which are not otherwise defined shall have the meaning given to them in the articles of Banro and Banro Group (Barbados) Limited ("Barbados Subco").

If, as and when dividends are authorized and declared by Banro and Barbados Subco in respect of the June 30, 2015 Dividend Payment Date, the dividend payable per Banro Series A Share and Barbados Preferred Share will be US$0.75.

Banro Corporation is a Canadian gold mining company focused on production from the Twangiza mine, which began commercial production September 1, 2012, and completion of commissioning of its second gold mine at Namoya located approximately 200 kilometres southwest of the Twangiza gold mine. The Company's longer term objectives include the development of two additional major, wholly-owned gold projects, Lugushwa and Kamituga. The four projects, each of which has a mining license, are located along the 210 kilometre long Twangiza-Namoya gold belt in the South Kivu and Maniema provinces of the Democratic Republic of the Congo. All business activities are followed in a socially and environmentally responsible manner.

For further information, please visit our website at .



Contacts:
Banro Corporation
Martin Jones
+1 (416) 366-2221, Ext. 3213
+1-800-714-7938, Ext. 3213



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Bereitgestellt von Benutzer: Marketwired
Datum: 17.06.2015 - 02:18 Uhr
Sprache: Deutsch
News-ID 400987
Anzahl Zeichen: 0

contact information:
Town:

TORONTO, ONTARIO



Kategorie:

Mining & Metals



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