Jaguar Financial and CEO Terminate Severance Obligation and Annual Salary
Toronto, Ontario--(Newsfile Corp. - November 25, 2016) - Jaguar Financial Corporation (TSXV: JFC) (the "Company") has agreed with its CEO Vic Alboini to terminate the Company's severance obligation of $593,374 and the CEO's $200,000 annual salary which would have resulted in a salary payment of $800,000 over an estimated four year period. In return for a relinquishment of approximately $1,393,374 in severance and salary, the Company has made a payment of $450,000 to the CEO's management...
2016-11-25 5:00 PM EST
Jaguar Financial Announces Appointment of Gerald Sternberg to the Board of Directors
Toronto, Ontario--(Newsfile Corp. - October 19, 2016) - Jaguar Financial Corporation (TSXV: JFC) ("Jaguar" or the "Company") is pleased to announce the appointment of Gerald Sternberg to the Board of Directors, subject to regulatory approval. Mr. Sternberg is a practising lawyer since 1971 with his own general practice and is an investor in real estate and securities. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX...
2016-10-19 5:30 PM EDT
Jaguar Financial Corporation Provides Shareholder Update
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...
2016-10-13 5:30 PM EDT
Alternative Earth Resources and Jaguar Financial Corporation Announce Agreement on All Matters in Dispute
Toronto, Ontario--(Newsfile Corp. - June 8, 2016) - Alternative Earth Resources Inc. (TSXV: AER) ("AER") and Jaguar Financial Corporation (TSXV: JFC) ("Jaguar") entered into an agreement dated June 7, 2016 that reaches a resolution of all matters in dispute between the parties. Under the arrangement, Jaguar agreed to sell its approximately 18.5% investment in AER in a private sale and AER has agreed to waive certain costs awards made in favour of AER in connection with lawsuits Jaguar...
2016-06-08 8:00 AM EDT
Jaguar Provides Update on the Appeal by Alternative Earth Resources Inc. to the B.C. Court of Appeal
Toronto, Ontario--(Newsfile Corp. - May 5, 2016) - Jaguar Financial Corporation (TSXV: JFC) ("Jaguar") announced today that it has filed on SEDAR the reasons for the decision by the B.C. Court of Appeal (the "Court") on the appeal by Alternative Earth Resources Inc. and its directors Brian Fairbank, Gavin Cooper and James Yates. The Court allowed the appeals and has set aside the orders made by the judge in the first and second petitions. Jaguar recommends the reasons for the Court's decision...
2016-05-05 5:30 PM EDT
Jaguar Announces Sale of Equity Interest in Galway Metals
Toronto, Ontario--(Newsfile Corp. - March 31, 2016) - Jaguar Financial Corporation (TSXV: JFC) ("Jaguar" or the "Company") announced it has sold 7,169,000 common shares of Galway Metals Inc. ("Galway") at a price of $0.12 per share and an additional 499 common shares of Galway at a price of $0.11 per share. After giving effect to the sale of common shares on March 30, 2016, Jaguar no longer owns common shares of Galway. Jaguar, Wes Roitman ("Roitman") and Ken White ("White") were collectively...
2016-03-31 7:44 PM EDT
Jaguar Provides Update on Its Petitions Against Alternative Earth Resources and Its Directors
Toronto, Ontario--(Newsfile Corp. - February 25, 2016) - Jaguar Financial Corporation (TSXV: JFC) ("Jaguar" or the "Company") announced today that Jaguar has filed on SEDAR the First Petition judgment dated December 10, 2015 and the Second Petition judgment dated February 17, 2016 of the Supreme Court of British Columbia against Alternative Earth Resources Inc. ("AER") and its directors Brian Fairbank, Gavin Cooper and James Yates. Jaguar recommends that the judgments be reviewed in their...
2016-02-25 5:30 PM EST
Jaguar Updates Equity Interest in Alternative Earth Resources
Toronto, Ontario--(Newsfile Corp. - January 13, 2016) - Jaguar Financial Corporation (TSXV: JFC) ("Jaguar") or the "Company") 25 King Street West, Suite 1450, Toronto, Ontario M5L 2A1 announced it has acquired, through purchases on the TSX Venture Exchange, an additional 1,000 common shares of Alternative Earth Resources Inc. ("Alternative Earth") (TSXV: AER) at a price of $0.065 per share for an aggregate purchase price of $65. After giving effect to this purchase of common shares, Jaguar...
2016-01-13 5:30 PM EST
Jaguar Announces Litigation and Other Steps Before Its Proposed Take-over Bid for All the Issued Common Shares of Alternative Earth Resources Inc.
Toronto, Ontario--(Newsfile Corp. - November 24, 2015) - Jaguar Financial Corporation (TSXV: JFC) ("Jaguar") announced today the commencement of litigation in the Supreme Court of British Columbia preparatory to the commencement of a proposed take-over bid by Jaguar for all the outstanding common shares of Alternative Earth Resources Inc. ("AER") (TSXV: AER). The outcome of the litigation will affect both the timing and structure of the take-over bid for AER. AER's Failure to Call a...
2015-11-24 5:05 PM EST
Added Capital Inc. and Jaguar Financial Corporation: Ontario Court of Appeal Denies Leave to Appeal
Toronto, Ontario--(Newsfile Corp. - November 10, 2015) - Added Capital Inc. (TSXV: AAD) and Jaguar Financial Corporation (TSXV: JFC) today announced that the Ontario Court of Appeal has denied a leave to appeal the Ontario Divisional Court ("Divisional Court") decision previously announced in June, 2015. The Divisional Court had dismissed the appeal by Added Capital Inc.'s subsidiary, Northern Securities Inc. (NSI), and its president and chief executive officer, Vic Alboini, of the merit and...
2015-11-10 8:30 PM EST
Jaguar Announces Grant of Stock Options
Toronto, Ontario--(Newsfile Corp. - June 1, 2015) - Jaguar Financial Corporation (TSXV: JFC) ("Jaguar" or the "Company") announced that under the Company's Stock Option Plan (the "Plan"), an aggregate of 6,000,000 incentive stock options to purchase common shares of the Company were granted today to the directors and certain employees of the Company. Each option is exercisable at $0.05 per share for ten years and vests immediately. The options granted are subject to TSX Venture Exchange...
2015-06-01 5:30 PM EDT
Jaguar Adopts Shareholder Rights Plan
Toronto, Ontario--(Newsfile Corp. - May 19, 2015) - Jaguar Financial Corporation (TSXV: JFC) ("Jaguar" or the "Company") announced today that effective May 15th its Board of Directors ("the Board") has adopted a Shareholder Protection Rights Plan ("Rights Plan"). The purpose of the Rights Plan is to grant shareholders and the Board adequate time to consider and evaluate any unsolicited takeover bid made for Jaguar's common shares ("Shares"). The Rights Plan provides the Board with the...
2015-05-19 5:30 PM EDT
Purchase of Additional Shares of Jaguar
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....
2015-05-01 5:30 PM EDT
Jaguar Opposes Proposed Transaction Between Alternative Earth and Kiska
Toronto, Ontario--(Newsfile Corp. - April 13, 2015) - Jaguar Financial Corporation (TSXV: JFC) ("Jaguar"), the owner of 19.9% of the issued common shares of Alternative Earth Resources Inc. ("AER"), will vote its shares against the transaction proposed by AER (TSXV: AER) in the non-binding letter of intent signed with Kiska Metals Corporation ("Kiska") (TSXV: KSK) that was announced on April 9, 2015. The proposed transaction would result in AER issuing 24,482,115 common shares to Kiska, which...
2015-04-13 5:00 PM EDT
Jaguar and Vic Alboini Announce Purchase and Sale of Added Capital Shares
Toronto, Ontario--(Newsfile Corp. - March 26, 2015) - Jaguar Financial Corporation (TSXV: JFC) (“Jaguar”) or the “Company”) announced the sale of 1,000,000 units (“Units”) of Added Capital Inc. (“Added”) to Vic Alboini, Chairman and Chief Executive Officer of the Company (“Alboini”) at $0.05 per Unit. The sale represents 14.9% of Added’s total issued shares on an undiluted basis and 26.0% of Added’s total issued shares assuming exercise of the Warrants. Each Unit consists of one common share...
2015-03-26 6:00 PM EDT
Correction from Source: Jaguar Updates Equity Interest in Alternative Earth Resources
Toronto, Ontario--(Newsfile Corp. - March 23, 2015) - The following is a revised version of the news release issued by Jaguar Financial Corporation (TSXV: JFC) ("Jaguar" or the "Company") on March 20, 2015, wherein information concerning the acquired common shares has been updated. Jaguar Financial Corporation announced on March 20, 2015 that it had acquired 70,000 common shares of Alternative Earth Resources Inc. (TSXV: AER) ("Alternative Earth") for an aggregate purchase price of $5,950....
2015-03-23 1:36 PM EDT
Jaguar Reports Results for 2014 and Announces Dividend
Toronto, Ontario--(Newsfile Corp. - March 20, 2015) - Jaguar Financial Corporation (TSXV: JFC) ("Jaguar" or the "Company") has released its results for fiscal 2014. For the year ended December 31, 2014, the Company reported net income of $950,938 compared to a net loss of $1,771,457 in 2013. The Company generated a realized gain on investments of $709,732 in 2014 compared to $531,647 in 2013 and an unrealized gain of $1,478,242 compared to an unrealized loss of $1,898,885 in 2013. Jaguar had...
2015-03-20 5:30 PM EDT
Jaguar Updates Equity Interest in Alternative Earth Resources
Toronto, Ontario--(Newsfile Corp. - March 20, 2015) - Jaguar Financial Corporation (TSXV: JFC) ("Jaguar" or the "Company") announced it has acquired 70,000 common shares of Alternative Earth Resources Inc. ("Alternative Earth") (TSXV: AER) for an aggregate purchase price of $5,950. After giving effect to this purchase of common shares, Jaguar owns in the aggregate 4,208,900 common shares of Alternative Earth, representing approximately 17.19% of the common shares outstanding. In addition,...
2015-03-20 5:15 PM EDT
Jaguar Updates Equity Interest in Alternative Earth Resources
Toronto, Ontario--(Newsfile Corp. - February 17, 2015) - Jaguar Financial Corporation (TSXV: JFC) ("Jaguar" or the "Company") announced it has acquired 104,000 common shares of Alternative Earth Resources Inc. (TSXV: AER) ("Alternative Earth") for an aggregate purchase price of $7,780. After giving effect to this purchase of common shares, Jaguar owns in the aggregate 3,669,900 common shares of Alternative Earth, representing approximately 14.99% of the common shares outstanding. In addition,...
2015-02-17 5:05 PM EST
Jaguar Updates Equity Interest in Alternative Earth Resources
Toronto, Ontario--(Newsfile Corp. - January 23, 2015) - Jaguar Financial Corporation (TSXV: JFC) ("Jaguar" or the "Company") announced it has acquired an additional 383,000 common shares of Alternative Earth Resources Inc. (TSXV: AER) ("Alternative Earth") for an aggregate purchase price of $30,480. After giving effect to this purchase of common shares, Jaguar owns in the aggregate 3,104,900 common shares of Alternative Earth, representing approximately 12.68% of the common shares...
2015-01-23 5:15 PM EST