Report of Foreign Issuer (6-k)
June 18 2015 - 6:02AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 or
15d-16 UNDER THE
SECURITIES EXCHANGE ACT OF 1934
For the month of June, 2015.
Commission File Number 001-32399
BANRO CORPORATION
(Translation of registrants name into English)
1 First Canadian Place
100 King Street West, Suite
7070
Toronto, Ontario, Canada
M5X
1E3
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will
file annual reports under cover Form 20-F or Form 40-F
Form 20-F [X] Form 40-F [ ]
Indicate by check mark if the registrant is submitting the Form
6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [ ]
Note: Regulation S-T Rule 101(b)(1) only permits the
submission in paper of a Form 6-K if submitted solely to provide an attached
annual report to security holders.
Indicate by check mark if the registrant is submitting the Form
6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [ ]
Note: Regulation S-T Rule 101(b)(7) only permits the
submission in paper of a Form 6-K if submitted to furnish a report or other
document that the registrant foreign private issuer must furnish and make public
under the laws of the jurisdiction in which the registrant is incorporated,
domiciled or legally organized (the registrants home country), or under the
rules of the home country exchange on which the registrants securities are
traded, as long as the report or other document is not a press release, is not
required to be and has not been distributed to the registrants security
holders, and, if discussing a material event, has already been the subject of a
Form 6-K submission or other Commission filing on EDGAR.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.
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BANRO CORPORATION |
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/s/ Kevin Jennings |
Date: |
June 17, 2015 |
Kevin Jennings |
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Chief Financial Officer |
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INDEX TO EXHIBITS
-3-
Banro Provides Information for Holders of Series A Preference
Shares of
Banro and Preferred Shares of Banro Group (Barbados) Limited
Toronto, Canada June 16, 2015 Banro Corporation (Banro or
the Company) (NYSE MKT BAA; TSX BAA) hereby notifies holders of Series
A Preference Shares of Banro (Banro Series A Shares) and holders of Preferred
Shares of Banro Group (Barbados) Limited (Barbados Preferred Shares) of the
following information necessary to calculate the amount of dividends payable on
such shares. This information is being provided in accordance with the terms of
such shares. Defined terms in this press release which are not otherwise defined
shall have the meaning given to them in the articles of Banro and Banro Group
(Barbados) Limited (Barbados Subco).
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The simple average of the Reference Gold Price
during the three-month period ending on March 31, 2015 is US$1,218. |
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The Relevant Number for the purposes of the
calculation of the Dividend Liquidation Preference is 0.017501. |
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There are currently no dividends accrued and
unpaid on the Banro Series A Shares or the Barbados Preferred Shares.
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The Monthly Production Level for the first
quarter of 2015 was 15,066 ounces of gold per month, such that the Annual
Dividend Yield is 14%. |
If, as and when dividends are authorized and declared by Banro
and Barbados Subco in respect of the June 30, 2015 Dividend Payment Date, the
dividend payable per Banro Series A Share and Barbados Preferred Share will be
US$0.75.
Banro Corporation is a Canadian gold mining
company focused on production from the Twangiza mine, which began commercial
production September 1, 2012, and completion of commissioning of its second gold
mine at Namoya located approximately 200 kilometres southwest of the Twangiza
gold mine. The Companys longer term objectives include the development of two
additional major, wholly-owned gold projects, Lugushwa and Kamituga. The four
projects, each of which has a mining license, are located along the 210
kilometre long Twangiza-Namoya gold belt in the South Kivu and Maniema provinces
of the Democratic Republic of the Congo. All business activities are followed in
a socially and environmentally responsible manner.
For further information, please visit our website at
www.banro.com, or contact:
Martin Jones
+1 (416) 366-2221, Ext.
3213
+1-800-714-7938, Ext. 3213
info@banro.com
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