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StockItOut

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StockItOut

Re: StockItOut post# 59503

Thursday, 02/23/2017 4:04:10 PM

Thursday, February 23, 2017 4:04:10 PM

Post# of 63744
Seems no word on voting rights of the 60% Common Shareholders after refi deal closes. Will they no longer, or will they continue to, have voting rights with ownership over 19.9% of Common Shares?


"On implementation of the Recapitalization, each of Gramercy and RFW will have the right to appoint one director to the board of directors of Banro."

https://www.sec.gov/Archives/edgar/data/1286597/000106299317000838/exhibit99-1.htm
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