* Jaguar Mining (JAG:CA [https://seekingalpha.com/symbol/JAG:CA]) entered into an agreement with Red Cloud Securities for resale 4.5M shares in the capital at a price of C$5.50 per offered share on a "bought deal" basis in a private placement for gross proceeds of C$25M.
* The underwriters have an option to purchase for resale up to an additional 545K shares.
* The net proceeds will be used 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.
* The offering is scheduled to close on October 15, 2025.
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Jaguar Mining announces C$25M bought deal life private placement
Published 1 month ago
Sep 29, 2025 at 11:35 AM
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