Banro Enters Into Gold Dore Purchase and Financing Arrangement with Baiyin - "Banro Corporation ("Banro" or the "Company") (NYSE MKT:BAA)(BAA.TO) announces that it has entered into a gold dore purchase agreement (the "Dore Agreement") in connection with a US$10 million loan facility (the "Facility") with Baiyin International Investment Ltd. ("Baiyin"). Baiyin is an affiliate of RFW Banro Investments Limited, a subsidiary of the Baiyin Stream Partnership I, LP, (a mining investment fund managed by Resources FinanceWorks Limited), which currently owns approximately 16.6% of the outstanding common shares of Banro." More
- 07/18/16 | Item |


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