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Article: Banro provides update on share trading activity.
- Article from:
- Mining & Minerals
- Article date:
- June 19, 2009
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At the request of Market Surveillance on behalf of the Toronto Stock Exchange, Banro Corporation ("Banro" or the "Company") (TSX - "BAA"; NYSE AMEX - "BAA") is providing an update to investors on the recent trading activity in the Company's shares. There have been no material changes to report to explain the recent volatility in the Company's share price.
The Company is currently optimizing the results of its Feasibility Study of its wholly-owned Twangiza gold project using the results of further metallurgical testwork and updating materials and energy costs and other input parameters pertinent to the Feasibility Study. The Company is reviewing options for the ...