Search Blog
Categories
April 2016
M T W T F S S
« Mar   May »
 123
45678910
11121314151617
18192021222324
252627282930  

Tags

Jaguar Announces Sale of Equity Interest in Galway Metals

ACCESSWIRE

By Jaguar Financial Corporation

TORONTO, ON / ACCESSWIRE / March 31, 2016 / Jaguar Financial Corporation (TSXV: JFC) (“Jaguar” or the “Company”) announced it has sold 7,169,000 common shares of Galway Metals Inc. (“Galway”) at a price of $0.12 per share and an additional 499 common shares of Galway at a price of $0.11 per share. After giving effect to the sale of common shares on March 30, 2016, Jaguar no longer owns common shares of Galway.

Jaguar, Wes Roitman (“Roitman”) and Ken White (“White”) were collectively referred to as the Joint Actors. The Joint Actors were acting jointly and in concert with respect to their investment in the common shares of Galway. The Joint Actors collectively own 471,000 common shares of Galway, representing approximately 0.82% of the total outstanding common shares. Roitman and White were acting jointly and in concert with Jaguar and with Jaguar’s sale are no longer joint actors with Jaguar.

Vic Alboini, CEO of Jaguar stated “The purchaser of Jaguar’s Galway common shares provided Jaguar with an opportunity to exit its Galway investment and Jaguar chose to do so.”

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

About Jaguar Financial Corporation

Jaguar is a Canadian merchant bank that generally invests in undervalued, overlooked and underappreciated public companies where Jaguar determines that one or more changes could be made to create shareholder value.

For additional information on this press release, please contact:

Vic Alboini, Chairman & Chief Executive Officer
Jaguar Financial Corporation
647 352-8180

SOURCE: Jaguar Financial Corporation

ReleaseID: 438349