Banro Corp. fka BAA

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It looks Banro has the right to issue another US$30 million in preferred shares to BlackRock, since only US$30 of the $60 million total have been issued to date ?

http://news.banro.com/press-releases/banro-closes-us100-million-financing-tsx-baa-201304250869085001
116,000 Series A Shares priced at US$25.00 per Series A Share for gross aggregate proceeds of US$2,900,000. The Concurrent Offering consisted of 1,200,000 Subco Shares and associated Series B Shares priced at US$25.00 per Subco Share and Series B Share for gross aggregate proceeds of US$30,000,000.

http://news.banro.com/press-releases/banro-announces-financing-package-for-up-to-us90--tsx-baa-201302210855095001

the issue of preferred shares to the value of US$40 million to BlackRock World Mining Trust plc ("BlackRock"), subject to increase at Banro's option to US$60 million, and provided certain conditions are satisfied; and

Banro will have the right, following payment of an annual fee of US$200,000 and subject to certain conditions being satisfied, at any time on or before the fifth anniversary of the closing date of the issuance of the Initial Preferred Shares, which right may be exercised only once, to issue to BlackRock up to US$20,000,000 of additional preferred shares (the "Additional Preferred Shares") at an issue price per Additional Preferred Share equal to the dollar-equivalent value of approximately 0.015625 ounces of gold (subject to certain adjustments) on the date the Additional Preferred Shares are issued. If this additional issuance right is exercised, the annual dividend yield on the preferred shares will automatically increase by one percentage point (to a range of between 9% and 14%) and the early redemption premium on the preferred shares will also automatically increase to 3%. The Company may cancel its obligation to pay for, and its right to exercise, and BlackRock may cancel the Company's obligation to pay for, and its right to exercise, this additional issuance right once total cumulative gold production from the Company's existing properties (measured from the closing date of the Private Placement) reaches 400,000 ounces.