Core Viewpoint - Eric Sprott has increased his holdings in Jaguar Mining Inc. through the acquisition of additional shares, reflecting a long-term investment strategy [2][3][5]. Summary by Sections Share Acquisition Details - Eric Sprott, through 2176423 Ontario Ltd., purchased 750,000 common shares of Jaguar Mining Inc. at an average price of approximately 2,625,000 [3]. - Prior to this acquisition, Sprott owned 36,358,711 shares, representing approximately 46.0% of the outstanding shares. Post-acquisition, his ownership increased to 37,108,711 shares, or approximately 46.9% [2]. Investment Intent - The shares were acquired for investment purposes, with Sprott indicating a long-term view and the potential for future acquisitions or dispositions depending on market conditions [5]. Regulatory Compliance - The acquisition was made under the normal course purchase exemption from formal takeover bid requirements, ensuring that the shares do not exceed 5% of the outstanding shares and comply with relevant regulations [7].
Eric Sprott Announces Changes to His Holdings in Jaguar Mining Inc.