- Eric Sprott has purchased 750,000 shares of Jaguar Mining (TSX:JAG) for C$2,625,000, signalling continued conviction in one of his largest investments
- The purchase increases his ownership stake from 46 to 46.9 per cent of outstanding shares
- Jaguar Mining is a Canadian-listed gold mining, development and exploration company operating in Brazil
- The gold stock has added 108.94 per cent year-over-year and 126.67 per cent since 2019
Eric Sprott has purchased 750,000 shares of Jaguar Mining (TSX:JAG) for C$2,625,000, signalling continued conviction in one of his largest investments.
He purchased the shares for C$3.50 a piece through 2176423 Ontario Ltd., a corporation he beneficially owns, representing about 1 per cent of outstanding shares on a non-diluted basis.
Prior to the acquisition, Sprott owned 36,358,711 shares or 46 per cent of outstanding shares on a non-diluted basis. After the acquisition, he now…
