Toronto, Ontario--(Newsfile Corp. - May 1, 2015) - Vic Alboini ("Alboini") announced his acquisition of 2,000,000 common shares of Jaguar Financial Corporation (TSXV: JFC) ("Jaguar") through the facilities of the TSX Venture Exchange at a price of $0.02 per share.
As a result of the purchase of the 2,000,000 Jaguar common shares, Alboini owns or controls an aggregate of 31,091,553 common shares of Jaguar, representing approximately 28.5% of the issued and outstanding common shares of Jaguar. In addition, Alboini has vested options to acquire 1,200,000 treasury common shares of Jaguar. On a partially diluted basis taking into account the 1,200,000 options owned by Alboini, Alboini owns or controls 32,291,553 common shares representing 29.3% of the partially diluted issued Jaguar shares.
Alboini acquired the common shares for investment purposes. Alboini may, directly or indirectly, depending on market and other conditions, acquire beneficial ownership of, or control or direction over, additional common shares of Jaguar, through market transactions, private agreements or otherwise, in accordance with applicable securities legislation.
The common shares were acquired pursuant to the normal course purchase exemption in section 100 of the Securities Act (Ontario).
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 please contact:
Vic Alboini
Chairman and Chief Executive Officer
Jaguar Financial Corporation
Commerce Court North
25 King Street W.
Suite 1450
Toronto, Ontario M5L 1E8
valboini@addedcapital.com
647 352-8180