American Stock Exchange Lists Common Stock of Banro Corporation
March 28 2005 - 11:50AM
PR Newswire (US)
American Stock Exchange Lists Common Stock of Banro Corporation NEW
YORK, March 28 /PRNewswire/ -- The American Stock Exchange(R)
(Amex(R)) today listed the common stock of Banro Corporation under
the ticker symbol BAA. Banro is a Canadian-based gold exploration
company focused on the development of its four wholly-owned
properties in the South Kivu and Maniema provinces of the
Democratic Republic of the Congo. "We are delighted to welcome
Banro Corporation to the American Stock Exchange," said John
McGonegal, senior vice president of the Amex Equities Group. "As a
global leader in listings within the mining industry, we look
forward to working with Banro to help raise its profile within the
investment community." "The Amex listing has been undertaken to
improve the accessibility and liquidity of the shares, specifically
for global investors, as well as broaden the potential reach to the
capital markets. We are hopeful that the latter will support
Banro's future growth and assist in unlocking value for
shareholders from our significant gold projects," said Peter
Cowley, president and chief executive officer. The specialist in
Banro will be J. Streicher & Co. For further information on BAA
and other Amex-listed companies, please visit http://www.amex.com/.
The American Stock Exchange(R) (Amex(R)) is the only primary
exchange that offers trading across a full range of equities,
options and exchange traded funds (ETFs), including structured
products and HOLDRS(SM). In addition to its role as a national
equities market, the Amex is the pioneer of the ETF, responsible
for bringing the first domestic product to market in 1993. Leading
the industry in ETF listings, the Amex lists 155 ETFs to date. The
Amex is also one of the largest options exchanges in the U.S.,
trading options on broad-based and sector indexes as well as
domestic and foreign stocks. For more information, please visit
http://www.amex.com/. DATASOURCE: American Stock Exchange CONTACT:
Mary Chung of American Stock Exchange, +1-212-306-1641, or Web
site: http://www.amex.com/
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