{"id":40118,"date":"2025-10-15T12:08:18","date_gmt":"2025-10-15T16:08:18","guid":{"rendered":"https:\/\/www.millerthomson.com\/?post_type=deals-cases&#038;p=40118"},"modified":"2026-02-06T15:27:02","modified_gmt":"2026-02-06T20:27:02","slug":"jaguar-mining-inc-closes-28-million-bought-deal-equity-private-placement","status":"publish","type":"deals-cases","link":"https:\/\/www.millerthomson.com\/en\/deals-cases\/jaguar-mining-inc-closes-28-million-bought-deal-equity-private-placement\/","title":{"rendered":"Jaguar Mining Inc. closes $28 million bought deal equity private placement"},"content":{"rendered":"\n<p>On October 15, 2025, Jaguar Mining Inc. (TSX:JAG) (the \u201cCompany\u201d) announced that it completed a bought deal private placement for gross proceeds of $28 million.&nbsp; The Company sold 5,090,910 common shares at a price of $5.50 per share. Red Cloud Securities Inc. acted as lead underwriter and bookrunner on behalf of a syndicate of underwriters that included Research Capital Corporation and Ventum Financial Corp.<\/p>\n\n\n\n<p>The Company intends to use the net proceeds of the offering to fund the restart its Turmalina gold mine in Brazil, exploration activities across the Company&#8217;s other mineral exploration properties in Brazil, and for general working capital and corporate purposes.<\/p>\n\n\n\n<p>3,272,728 shares were issued to Canadian purchasers pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 &#8211; Prospectus Exemptions, as amended by Coordinated Blanket Order 45-935 &#8211; Exemptions from Certain Conditions of the Listed Issuer Financing Exemption. The other 1,818,182 shares were issued to Eric Sprott (through 2176423 Ontario Ltd.), a related party of the Company, via a traditional prospectus exemption for aggregate gross proceeds to the Company of $10 million.<\/p>\n\n\n\n<p>Miller Thomson advised Jaguar Mining Inc. with a&nbsp; team comprised of Geoff Clarke, Jonathan Tong, Florind Polo, Ian Polisuk and Calvin Wang (Capital Markets\/Securities\/Mining) along with the assistance of Radhapriya Chawla (Articling student).<\/p>\n","protected":false},"author":92,"template":"","class_list":["post-40118","deals-cases","type-deals-cases","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Jaguar Mining Inc. closes $28 million bought deal equity private placement | Miller Thomson<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.millerthomson.com\/en\/deals-cases\/jaguar-mining-inc-closes-28-million-bought-deal-equity-private-placement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Jaguar Mining Inc. closes $28 million bought deal equity private placement | Miller Thomson\" \/>\n<meta property=\"og:description\" content=\"On October 15, 2025, Jaguar Mining Inc. (TSX:JAG) (the \u201cCompany\u201d) announced that it completed a bought deal private placement for gross proceeds of $28 million.&nbsp; The Company sold 5,090,910 common shares at a price of $5.50 per share. 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(TSX:JAG) (the \u201cCompany\u201d) announced that it completed a bought deal private placement for gross proceeds of $28 million.&nbsp; The Company sold 5,090,910 common shares at a price of $5.50 per share. 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