Has entered into an agreement with Red Cloud Securities Inc. as lead underwriter and bookrunner on behalf of a syndicate of underwriters, pursuant to which the Underwriters have agreed to purchase for resale 4,545,455 common shares in the capital of the Company at a price of $5.50 per Offered Share on a "bought deal" basis in a private placement for gross proceeds of $25,000,002.50. Jaguar Mining Inc. shares T.JAG are trading down $0.28 at $5.74.
Stocks in play: Jaguar Mining Inc.
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