Toronto, Ontario--(Newsfile Corp. - October 13, 2016) - In the past few months, Jaguar Financial Corporation (TSXV: JFC) ("Jaguar" or the "Company") has been assessing various opportunities to deploy its capital in one or more businesses to create shareholder value. The Company does not intend to make any further announcements regarding its review until the Board has approved a specific possible transaction or other course of action requiring disclosure. Jaguar may also consider financing alternatives including a rights offering or private placement.
Vic Alboini, Chairman and CEO, commented, "We are reviewing opportunities in various sectors including mining, technology, industrial and financial services. We may end up not doing any transactions or we possibly could do one or more transactions. It all depends on value creation potential, available management and pricing."
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.
Forward Looking Statements
Certain statements in this press release may constitute "forward looking statements" which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements. Such statements include the Company's ability to complete a transaction. When used in this press release, such statements may use such words as "may", "will", expect", "believe", "plan" and other similar terminology. All statements in this press release that do not directly and exclusively relate to historical facts constitute "forward-looking information" within the meaning of Canadian securities laws. This information represents Jaguar's intentions, plans, expectations and beliefs, and are subject to risks, uncertainties and other factors, of which many are beyond the control of the Company. These factors could cause actual results to differ materially from such forward-looking information. Forward-looking statements speak only as of the date on which they are made. In particular, statements relating to future performance are forward-looking information. Jaguar disclaims any intention or obligation to publicly update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law. Readers are cautioned not to place undue reliance on this forward-looking information.
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
416-483-3760
