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Post# of 63744
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Pharaoh-1

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Pharaoh-1

Re: dave86 post# 26381

Wednesday, 05/13/2015 9:12:43 PM

Wednesday, May 13, 2015 9:12:43 PM

Post# of 63744
I think that we will open over 0.26 after this news

Banro Announces Record Q1 2015 Production and Revenue Results


Marketwired
Banro Corporation
12 minutes ago


TORONTO, ONTARIO--(Marketwired - May 13, 2015) - Banro Corporation ("Banro" or the "Company") (NYSE MKT:BAA)(BAA.TO) today announced its financial and operating results for the first quarter of 2015.

FINANCIAL HIGHLIGHTS
•Record Q1 2015 revenue of $41 million, a 35% increase over Q1 2014 ($30 million); 39% increase in gold ounces sold
•Gross earnings from operations of $17 million, a 177% increase over Q1 2014 ($6 million)
•EBITDA of $19 million vs Q1 2014 of $7 million for a 176% improvement
•$90 million financing closings in February and April 2015 allow for extinguishment of backstop facility in April 2015

http://finance.yahoo.com/news/banro-announces-record-q1-2015-005500603.html



DISCLAIMER: All statements posted here are only my opinion and not an investment advice by any means. Please, do your own DD and trade at your own risk.

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