logo
Share SHARE
FONT-SIZE Plus   Neg

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,JAG.TO) 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%.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
They say there's plenty of fish in the sea, but very few of them are as wealthy as these tycoons. May be they have been so busy building their empires they never had the time to stick with a perfect partner to build their family. This list of the richest singles is assorted — from a 34 year-old... Anthony Levandowski, the head of Uber's self-driving division, is stepping away from his role as Uber continues a legal battle with Waymo, Levandowski's former employer. Levandowski, who founded startup Otto, became head of Uber's Advanced Technologies Group or ATG after Otto was acquired by Uber in August 2016. Southwest Airlines Co. has decided to end the practice of overbooking flights, the airline's CEO Gary Kelly said Thursday. The airline's plan to end overbooking could be implemented from May 8, according to a Southwest spokeswoman.
comments powered by Disqus
Follow RTT