Gold mining company Banro closes $40 mln private placement
Banro Corp (NYSE MKT: BAA)(TSX: BAA) has raised $40 million in a private placement. Gramercy Funds Management was the investor. Based in Toronto, Banro is a gold mining company focused on projects in the Democratic Republic of the Congo. Update: Based in Greenwich, Connecticut, Gramercy offers alternative and long-only strategies across all asset classes, including corporate debt, distressed debt, equity, private equity and special situations.
28 February 2014•4 mins read
