Jaguar Mining Inc. Announces Bought Deal Life Private Placement for Gross Proceeds Of C$25.0 million

Core Viewpoint - Jaguar Mining Inc. has announced a private placement agreement with Red Cloud Securities Inc. for the resale of common shares, aiming to raise gross proceeds of C$25 million [1] Group 1: Offering Details - The company will sell 4,545,455 common shares at a price of C$5.50 per share [1] - The total gross proceeds from the underwritten offering are C$25,000,002.50 [1] - An over-allotment option allows underwriters to purchase an additional 545,455 shares for up to C$3,000,002.50 [1] Group 2: Underwriters' Role - Red Cloud Securities Inc. acts as the lead underwriter and bookrunner for the offering [1] - The underwriters have the option to exercise the over-allotment up to 48 hours before the closing date [1]