Toronto, March 17th 2009 – Banro Corporation (TSX: BAA) (the "Company") is pleased to announce it has retained the services of AGORACOM Investor Relations ("AGORACOM") (http://www.agoracom.com) to provide online investor relations services, a Web 2.0 social network for current shareholders and Tier-1 awareness through the world’s biggest websites for the purpose of attracting new shareholders.
ONLINE INVESTOR RELATIONS MAXIMIZES SPEED, TRANSPARENCY AND ACCESS TO COMPANY
In response to overwhelming data representing the online research and communications habits of small-cap investors, Banro Corporation has turned the primary focus of its investor relations to the web via the AGORACOM system to facilitate faster, better and more accessible communications with both current and prospective shareholders around the world.
Effective immediately, a customized and monitored Banro Corporation IR HUB will be available on AGORACOM at (http://agoracom.com/ir/Banro ). The IR HUB will allow Banro Corporation to communicate with all investors simultaneously, anytime and in near real-time. This HUB will provide Banro Corporation management with the ability to extend communications beyond text via audio messages, video presentations, webcasts and podcasts. In addition to traditional e-mail, investors will also have the ability to receive all communications via RSS feed.
THE “AGORACOM 100”
On January 19th, AGORACOM launched a Canadian TV, web and search engine marketing campaign to drive small-cap investors to the “AGORACOM 100”, an elite and exclusive group of great Canadian small-cap companies in which Banro Corporation will be included. This marketing campaign will target main stream media including daily spots on BNN, CNBC TV, Bloomberg TV, Globe & Mail’s GlobeInvestor.com, Google, Yahoo!, MSN, AOL, Facebook, AGORACOM and an array of other Tier 1 properties.
LAUNCH OF BANRO CORPORATION COMMUNITY
The Banro Corporation IR HUB propels the Company into the forefront of Web 2.0 community building by providing investors with two very important functions. First, a monitored discussion forum for the purposes of constructive and high-quality discussion amongst investors that is free of spam, profanity and misinformation. Second, a social network that provides investors with the ability to create extensive profiles that include photos, bios, video messages to fellow investors, a rating system and other important items to create a closer bond between our shareholders.
TIER-1 EXPOSURE AND AWARENESS
As an exclusive provider of “Small-Cap Centres – Powered by AGORACOM” to Globe Investor, Yahoo Finance Canada, AOL Finance Canada and every Blackberry device on the planet, AGORACOM will provide Tier-1 financial coverage of all newsworthy Banro Corporation press releases for the purposes of attracting new and prospective shareholders
Banro Corporation President & CEO Michael Prinsloo states, "I believe the time has now come to significantly increase our communications with both existing shareholders and the massive online small-cap community of investors that are searching for their next great investment. I strongly encourage our shareholders to begin taking advantage of our new online IR system, which demonstrates we are a fully accessible organization with a great story to tell.”
For all future Banro Corporation investor relations needs, investors are asked to visit our IR Hub at http://agoracom.com/ir/Banro where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors.
About AGORACOM
AGORACOM Investor Relations (http://www.AgoracomIR.com) is North America's largest online investor relations firm for small-cap companies. We have partnered with the world’s biggest internet companies, including Yahoo, Globe Investor, AOL, Google and Blackberry to market our clients to a massive audience of new small-cap investors. We have served over 300 companies since 1997.
AGORACOM Investor Relations has displaced the telephone and e-mail as primary IR communications devices. Our IR HUB delivers two-way investor relations in near real-time that is 24/7/365 accessible to shareholders around the world and goes far beyond text by offering both audio and video communications.
AGORACOM (http://www.Agoracom.com) is North America’s only small-cap community built to serve the needs of serious small-cap and micro-cap investors. No rumours, profanity, stock bashing or hyping. Our traffic ranking is above the top 0.5% of all websites around the world.
About Banro Corporation
Banro is a Canadian-based gold exploration company with four wholly-owned properties, each with mining licenses, along a major gold belt of the Democratic Republic of the Congo. The Company has to date identified 6.54 million ounces of Measured and Indicated Resources, plus Inferred Resources of 4.67 million ounces. The Company recently completed a full feasibility study of its flag-ship Twangiza project.
To Contact Banro:
Please feel free to contact us at 416-366-2221 or 1-800-714-7938 or e-mail at info@banro.com
The statements made in this Press Release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections. The TSX Venture Exchange has not reviewed this press release and neither approved nor disapproved the information contained in this press release.
Investor Relations
BAA@agoracom.com
http://agoracom.com/ir/Banro
AGORACOM Investor Relations
