Banro Corporation

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Canada & Ontario Toronto

100 King Street West, Suite 7070, 1 First Canadian Place

+1 416 366-2221

www.banro.com

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Company Press Releases

Banro Corp. Appoints New Chairman and Chief Executive Officer

TORONTO, ONTARIO--(Marketwired - May 7, 2018) - Banro Corporation Ltd. (the "Company" or "Banro") (TSX:BAA)(NYSE American:BAA)(NYSE MKT:BAA) is pleased to announce the appointment of Mr. Brett A. Richards as the Chairman and Chief Executive Officer of Banro, with immediate effect. Mr. Richards is a senior mining and metals executive with over 32 years of sector experience in mine development, senior level operations, mine financing and mergers and acquisitions. He brings both private and publicly listed CEO experience, as well...

Banro Corp. Appoints New Chairman and Chief Executive Officer

TORONTO, ONTARIO--(Marketwired - May 7, 2018) - Banro Corporation Ltd. (the "Company" or "Banro") (TSX:BAA)(NYSE American:BAA)(NYSE MKT:BAA) is pleased to announce the appointment of Mr. Brett A. Richards as the Chairman and Chief Executive Officer of Banro, with immediate effect. Mr. Richards is a senior mining and metals executive with over 32 years of sector experience in mine development, senior level operations, mine financing and mergers and acquisitions. He brings both private and publicly listed CEO experience, as well global operational experienc...

Banro Announces Effectiveness of its Recapitalization Plan and Intent to Terminate Registration under Securities Exchange Act of 1934 with the U.S. Securities and Exchange Commission

TORONTO, May 3, 2018 /CNW/ - Today, Banro Corporation (the "Company") announced the effectiveness of its Amended Consolidated Plan of Compromise and Reorganization (the "Recapitalization Plan"), which, as previously announced, was sanctioned by the Ontario Superior Court of Justice (Commercial List) on March 27, 2018 in connection with the implementation of the Recapitalization Plan and the Company's emergence from protection under the Companies' Creditors Arrangement Act ("CCAA"). Upon effectiveness of the Recapitalization Plan, all of the Company&apo...

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