Banro Corporation

On December 22nd, 2017, Banro Corporation, Banro Group (Barbados) Limited, Banro Congo (Barbados) Limited, Namoya (Barbados) Limited, Lugushwa (Barados) Limited, Twangiza (Barbados) Limited and Kamituga (Barbados) Limited (together, the "Applicants"), obtained an "Initial Order" under the Companies' Creditors Arrangement Act (the "CCAA") from the Ontario Superior Court of Justice (Commercial List). Pursuant to the Initial Order, FTI Consulting Canada Inc. (the "Monitor") has been appointed Monitor. The Initial Order also provides for a stay of proceedings for an initial thirty (30) day period subject to further extensions by the Court, (the "Stay of Proceedings").

For additional information please contact the Monitor:
Phone: 416-649-8131
Toll Free: 1-888-425-0980
Email: banro@fticonsulting.com