Toronto, Ontario--(Newsfile Corp. - August 31, 2017) - Jaguar Financial Corporation (TSXV: JFC) ("Jaguar" or the "Company") are pleased to announce that at the Annual and Special Meeting held on June 22, 2017, Mr. Vic Alboini, Gerald Sternberg and Martin Schultz were re-appointed as directors of the Company for the ensuing year. Perry Rapagna did not stand for re-election.
In addition, the shareholders of the Company approved a consolidation of the Company's common shares on the basis of 10 pre-consolidation shares for 1 post-consolidation share. The Company will provide an update on the potential consolidation once the timing is determined.
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 generally investing in companies Jaguar determines to be undervalued, overlooked and underappreciated. The investments made are usually event-driven, for example, where an investment is made in a company that is the subject of a takeover bid or where some other change is initiated by a third party or a shareholder of the subject company. Jaguar's objective is to assist management of the undervalued company to create value that the market is missing.
For additional information on this press release, please contact:
Vic Alboini, Chairman & Chief Executive Officer
Jaguar Financial Corporation and Added Capital Inc.
416-483-3760
