Jaguar Mining Inc. Announces Bought Deal Life Private Placement for Gross Proceeds Of C$25.0 million

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[{"type":"text","content":"Jaguar Mining Inc. Announces Bought Deal Life Private Placement for Gross Proceeds Of C$25.0 millionTORONTO, ON / ACCESS Newswire / September 29, 2025 / Jaguar Mining Inc. (\"Jaguar\" or the Company\") (TSX:JAG) today announced that it has entered into an agreement with Red Cloud Securities Inc. (\"Red Cloud\"), as lead underwriter and bookrunner on behalf of a syndicate of underwriters (the \"Underwriters\"), pursuant to which the Underwriters have agreed to purchase for resale 4,545,455 common shares in the capital of the Company (the \"Offered Shares\") at a price of C$5.50 per Offered Share (the \"Offering Price\") on a \"bought deal\" basis in a private placement for gross proceeds of C$25,000,002.50 (the \"Underwritten Offering\").The Company will grant to the Underwriters an option, exercisable up to 48 hours prior to the Closing Date (as defined herein), to purchase for resale up to an additional 545,455 Offered Shares at the Offering Price for additional gross proceeds of up to C$3,000,002.50 (the \"Over-Allotment Option\"). The Underwritten Offering and the securities issuable upon exercise of the Over-Allotment Option shall be collectively referred to as the \"Offering\".The Company intends to use the net proceeds of the Offering to fund the restart of the Turmalina Mine at the Company's MTL Complex, exploration activities across the Company's properties as well as general working capital and corporate purposes, as is more fully described in the Offering Document (as defined herein).Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 - Prospectus Exemptions (\"NI 45-106\"), the Offered Shares will be offered for sale to purchasers resident in all of the provinces of Canada except Québec pursuant to the listed issuer financing exemption under Part 5A of NI 45-106, as amended by Coordinated Blanket Order 45-935 - Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the \"Listed Issuer Financing Exemption\"). The Offered Shares are expected to be immediately freely tradeable in accordance with applicable Canadian securities legislation if sold to purchasers resident in Canada. The Offered Shares may also be sold in offshore jurisdictions and in the United States on a private placement basis pursuant to one or more exemptions from the...

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