Toronto, Ontario–(Newsfile Corp. – April 25, 2025) – Eric Sprott announces that today, 2176423 Ontario Ltd., a corporation which is beneficially owned by him, purchased 1,000,000 common shares (Shares) of Jaguar Mining Inc. over the Toronto Stock Exchange (representing approximately 1.3% of the outstanding shares on non-diluted basis) at a price of $2.80 per share for aggregate consideration of $2,800,000.
The acquired Shares were purchased in reliance on the normal course purchase exemption from the formal take-over bid requirements set out in Section 4.1 of National Instrument 62-104 – Take-Over Bids and Issuer Bids (NI 62-104). Such Shares do not represent more than 5% of the outstanding Shares, and the aggregate number of Shares acquired in reliance on this exemption with any joint actors within the last 12 months does not exceed 5% of the Shares outstanding at the beginning of the 12-month period. The Shares trade on the…
