Banro Corp

Banro is a Canadian gold company with two wholly-owned producing gold mines and two wholly-owned advancing gold exploration projects in the Democratic Republic of the Congo. The Company is listed on the Toronto Stock Exchange and the NYSE MKT exchange. Banro's first producing mine, the wholly-owned Twangiza mine, is located 45 kilometers south-west of the city of Bukavu in the DRC and at the northern tip of the 210 kilometre long northeast to southwest trending Twangiza-Namoya gold belt. The mine began commercial production in September 2012. An open pit oxide operation, Twangiza produced 135,500 ounces of gold in 2015. Twangiza has a Proven & Probable Mineral Reserve of 1.82 million ounces of gold, a Measured & Indicated Mineral Resource of 4.69 million ounces of gold and an Inferred Mineral Resource of 0.37 million ounces of gold.Banro’s second gold mine, Namoya, is an open pit, oxide operation located at the southern end of the Twangiza – Namoya gold belt. Namoya entered commercial production in January 2016. Namoya has production targets of roughly 9,000 - 10,000 ounces per month at full run rate. Namoya has a Proven & Probable Mineral Reserve of 1.36 million ounces of gold, a Measured & Indicated Mineral Resource of 1.62 million ounces of gold and an Inferred Mineral Resource of 0.26 million ounces of gold.