Jaguar Mining Inc. Secures C$25 Million in Private Placement

Jaguar Mining Inc., a Canadian gold mining firm, announced a "bought deal" private placement with Red Cloud Securities Inc. The deal involves the resale of 4,545,455 common shares at C$5.50 each, totaling gross proceeds of C$25 million. An over-allotment option could increase proceeds by an additional C$3 million.

The funds raised will support the restart of Jaguar's Turmalina Mine and exploration activities, particularly in the Iron Quadrangle region in Brazil. Offered shares are available to Canadian residents (excluding Québec) and in certain offshore jurisdictions under applicable exemptions. The expected closing date is October 15, 2025, pending regulatory approvals, including from the Toronto Stock Exchange.