Banro Comments on Correspondence Received from the DRC Minister of Mines
TORONTO, Feb. 19 - Banro Corporation ("Banro" or the "Company") (AMEX - "BAA"; TSX - "BAA") announces that on February 18, 2007, the Company received a letter from the Honourable Martin Kabwelulu, Minister of Mines for the Democratic Republic of the Congo (the "DRC"). The letter refers to certain surface tax issues and the liquidation of Sominki SARL. There are no issues with Banro's titles.
The Company is confident that the matters referred to in the correspondence will be clarified with the Ministry of Mines.
Banro is a Canadian-based gold exploration company focused on the development of four major, wholly-owned gold projects along the 210 kilometre-long Twangiza-Namoya gold belt in the South Kivu and Maniema provinces of the DRC. Led by a proven management team with extensive gold and African experience, Banro's strategy is to unlock shareholder value by increasing and developing its significant gold assets in a socially and environmentally responsible manner.
For further information: please visit our website at www.banro.com, or contact:
Peter Cowley, President
United Kingdom, Tel: (44) 790-454-0856;
Arnold T. Kondrat, Executive Vice-President
Toronto, Ontario
or
Martin Jones, Vice-President, Corporate Development
Toronto, Ontario, Tel: (416) 366-2221 or 1-800-714-7938
RENMARK FINANCIAL COMMUNICATIONS INC.
JOHN BOIDMAN : JBOIDMAN@RENMARKFINANCIAL.COM
CHRISTOPHER WELLS : CWELLS@RENMARKFINANCIAL.COM
TEL: (514) 939-3989
FAX: (514) 939-3717
WWW.RENMARKFINANCIAL.COM
|
Banro Corporation
|
|
PRODUCTEUR |
CODE : BAA |
|
|
| |
ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Banro est une société de production minière d'or basée au Canada. Banro détient divers projets d'exploration en Republique Democratique Du Congo. Ses principaux projets en production sont LUGUSHWA et KAMITUGA en Republique Democratique Du Congo et ses principaux projets en développement sont TWANGIZA et NAMOYA en Republique Democratique Du Congo. Banro est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 120,8 millions US$ (102,0 millions €). La valeur de son action a atteint son plus haut niveau récent le 31 août 2007 à 9,96 US$, et son plus bas niveau récent le 26 mai 2017 à 0,07 US$. Banro possède 1 098 579 968 actions en circulation. |