TSX-V: JAG
TORONTO, July 29, 2016 /CNW/ - Jaguar Mining Inc.
(TSX-V: JAG) ("Jaguar" or the "Company"), is pleased to
announce it has received final approval from the Toronto Stock
Exchange (the "TSX") to list its common shares ("Shares") and its
convertible senior secured debentures ("Debentures") on the TSX on
August 3, 2016. Concurrent with the
TSX listing, the Shares will be delisted from the TSX Venture
Exchange ("TSX-V"). The trading symbol of the Shares will continue
to be JAG and the trading symbol for the Debentures will be
JAG.DB.U
Rodney Lamond, President and
Chief Executive Officer of Jaguar commented, "Graduating to the
TSX, one of the most recognized global trading platforms serving
the senior equity markets, provides the Company with enhanced
visibility and increased access to international capital markets
and a diverse investor base. The TSX listing is another major
milestone for Jaguar and will benefit us as we achieve
our short and long terms goals of positive cash flow,
growing sustainable production, and enhancing shareholder
value."
About Jaguar Mining Inc.
Jaguar Mining Inc. is a
Canadian-listed junior gold mining, development, and exploration
company operating in Brazil with
three gold mining complexes, and a large land package with
significant upside exploration potential from mineral claims
covering an area of approximate 191,000 hectares. The Company's
principal operating assets are located in a prolific greenstone
belt in the state of Minas Gerais and include the Turmalina Gold
Mine Complex ("Mineração Turmalina Ltda" or "MTL") and Caeté Gold
Mine Complex ("Mineracao Serras do Oeste Ltda" or "MSOL") which
combined produce more than 90,000 ounces of gold annually. The
Company also owns the Paciência Gold Mine Complex, which has been
on care and maintenance since 2012. Additional information is
available on the Company's website at www.jaguarmining.com.
Neither the TSX Venture Exchange nor its Regulations Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
FORWARD-LOOKING STATEMENTS
Certain statements in
this press release constitute "Forward-Looking Statements" within
the meaning of applicable Canadian securities legislation,
including, but not limited to the anticipated commencement of
trading of the Shares and the Debentures on the TSX, the voluntary
delisting of the Shares from the TSX-V and the anticipated benefits
of obtaining a listing on the TSX. Such forward-looking
statements are based on the Company's current expectations and
assumptions which are subject to certain risks and
uncertainties. These risks include, but are not limited to,
failure to obtain the required approvals of the TSX and the
TSX-V. In this press release, forward-looking statements can
be identified by the use of words such as "are expected", "is
forecast", "is targeted", "approximately", "plans", "anticipates"
"projects", "anticipates", "continue", "estimate",
"believe" or variations of such words and phrases or
statements that certain actions, events or results "may", "could",
"would", "might", or "will" be taken, occur or be achieved.
Accordingly, readers are cautioned that events and circumstances
could cause results to differ materially from those predicted,
forecasted or projected. Such forward-looking statements are
expressly qualified by the above statements. The
Company does not undertake to update any forward-looking
statements, either written or oral, that may be made from time to
time by or on behalf of the Company subsequent to the date of this
press release except as required by law.
SOURCE Jaguar Mining Inc.