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Article: Banro announces filing of prospectus supplement.
- Article from:
- Mining & Minerals
- Article date:
- July 10, 2009
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Banro Corporation ("Banro" or the "Company") (NYSE AMEX LLC - "BAA"; TSX - "BAA") is pleased to announce that, in connection with its previously announced overnight marketed offering (the "Offering") of common shares (the "Common Shares"), the Company has entered into an underwriting agreement with GMP Securities L.P. ("GMP") and CIBC World Markets Inc. ("CIBC") and has filed a prospectus supplement to its short form base shelf prospectus dated September 11, 2008 (the "Prospectus Supplement"). A total of 43,479,000 Common Shares will be distributed in connection with the Offering at a price of Cdn.$2.30 per Common Share for aggregate gross proceeds to the Company of ...