An anonymous director reports

BANRO PROVIDES UPDATE TO AFFECTED CREDITORS

Banro Corp. is advising its creditors that, in connection with the companies' restructuring proceedings under the Companies' Creditors Arrangement Act (CCAA), the third report of the court-appointed monitor, FTI Consulting Canada Inc., has been served in accordance with the meeting order and is available for review on the monitor's website.

Additional information

In addition to the third report, copies of the meeting order, claims procedure order and all related CCAA materials can be found on the monitor's website.

Banro is a Canadian gold mining company focused on production from the Twangiza and Namoya mines, which began commercial production in September, 2012, and January, 2016, respectively. The company's 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 licence, are located along the 210 kilometres long Twangiza-Namoya gold belt in the South Kivu and Maniema provinces of the DRC. All business activities are followed in a socially and environmentally responsible manner.

We seek Safe Harbor.