Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Jaguar Mining Says It Is Not Aware Of Any Developments - Quick Facts

Responding to recent market speculation and increased trading volume in its shares, Jaguar Mining Inc. (JAG: Quote,JAG.TO: Quote) said that it is not aware of any developments that would merit such trading activity.

The company said that the strategic review process initiated by the Board of Directors and led by the Special Committee is continuing and the Board will provide further updates to shareholders as circumstances warrant. There can be no assurance that this strategic review process will result in Jaguar entering into or consummating any change of control or merger transaction, the company said.

The Concord, New Hampshire-headquartered company had initiated a strategic review process on November 16, 2011.

On November 17 2011, the company had confirmed that it had received takeover proposals in the prior weeks.

JAG closed Wednesday's regular trading at $3.54, down $1.07 or 23.21%. However, in the after-hours trading, the stock is up $0.04 or 1.13%.

Click here to receive FREE breaking news email alerts for Jaguar Mining and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
A number of major retailers will be open on Thanksgiving for early Black Friday shopping events. Kohl's department stores will kick off Black Friday sales two hours earlier this year, at 6 p.m. Thanksgiving Day, while Macy's, Bon-Ton and Best Buy will open at the same time. J.C. Penney and Sears... Twitter Inc. has replaced its head of product Daniel Graf just six months after luring him over from Google, according to multiple reports. Graf, previously known for his work leading Google Maps, will retain his vice president of product title and work on Twitter's geolocation features, the Wall... LinkedIn Corp., the world's largest online professional network, said Thursday after the markets closed that its third quarter loss widened slightly from last year, as higher costs and expenses more than offset a 45% increase in revenue. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations as did its quarterly revenue.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.