Banro Announces Election of Directors
June 27 2014 - 04:51PM
Marketwired
Banro Announces Election of Directors
TORONTO, ONTARIO--(Marketwired - Jun 27, 2014) - Banro
Corporation ("Banro" or the "Company") (NYSEMKT: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 (the "Meeting") held on Friday, June
27, 2014 were elected at the Meeting as directors of Banro. The
vote was conducted by a show of hands. The detailed results of the
votes received by proxy are set out below:
Name |
Votes For |
% Votes For |
Votes Withheld |
% Votes Withheld |
Richard W. Brissenden |
146,829,821 |
99.49% |
754,600 |
0.51% |
John A. Clarke |
122,114,250 |
82.74% |
25,470,171 |
17.26% |
Maurice J. Colson |
110,707,674 |
75.01% |
36,876,747 |
24.99% |
Peter N. Cowley |
101,718,564 |
68.92% |
45,865,857 |
31.08% |
Matthys J. Terblanche |
147,073,875 |
99.65% |
510,526 |
0.35% |
Derrick H. Weyrauch |
147,016,850 |
99.62% |
567,571 |
0.38% |
Voting results on all matters voted on at the Meeting will be
filed on SEDAR at www.sedar.com.
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 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. Led by a
proven management team with extensive gold and African experience,
the initial focus of the Company is on the mining of oxide
material, which has a low capital intensity to develop but also
attracts a lower technical and financial risk to the Company. All
business activities are followed in a socially and environmentally
responsible manner.
Banro CorporationNaomi NemethInvestor Relations+1 (416)
366-9189, +1-800-714-7938, Ext. 2802info@banro.comwww.banro.com
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