This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

BANRO FOUNDATION AND CO-SPONSORS RAISE $80,000 IN CHARITABLE FUNDING FOR CONGOLESE HOSPITAL

Stocks in this article: BAA

TORONTO, June 13, 2011 /PRNewswire/ - Banro Corporation ("Banro" or the "Company") (NYSE AMEX:BAA) (TSX:BAA) is pleased to announce that the Banro Foundation, a charity in the Democratic Republic of the Congo (the "DRC"), has led the effort to raise $80,000 for the world-renowned Panzi Hospital in the eastern Democratic Republic of the Congo (the "DRC").

A general referral hospital located in the city of Bukavu, the Panzi has earned a global reputation in the field of medical care for women, including women who have been victims of sexual violence. The Panzi Hospital treats an average of 3,500 women each year, free of charge. The donation will be used to support construction of a multipurpose women's health centre at the Panzi Hospital to support prenatal consultation, family planning and HIV sensitization, child health and other activities related to women's health.

The funds were raised through a golf tournament held near Toronto on June 9, 2011. Macleod Dixon LLP and Kilo Goldmines were lead sponsors of the event. Co-sponsors were Banlaw Africa, CIBC World Markets, GMP Securities, Loncor Resources, GMP Europe, Cormark Securities, SENET, SRK Consulting, SGS, TD Bank, RBC Dominion Securities, Adnet Communications, BDO Canada and Collins Barrow Toronto LLP. Banro and the Banro Foundation thank all sponsors for their generous support of the event.

The Banro Foundation is a registered charity based in Bukavu, DRC and funded by the Company with a mandate to improve the lives of thousands of people living in South Kivu and Maniema provinces through strategic investments in education, health and infrastructure development and to provide humanitarian assistance as needed. Among the principles guiding the work of the Banro Foundation is a focus on needs identified by local community leaders, with priority given to projects that benefit communities as a whole. Promotion of opportunities for women is an important guiding principle of the Foundation.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,416.85 +225.48 1.31%
S&P 500 2,021.25 +19.09 0.95%
NASDAQ 4,683.4070 +45.4130 0.98%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs