TORONTO, Sept. 27, 2011 /CNW/ - Jaguar Financial Corporation ("Jaguar"
or the "Company") announced that an aggregate of 3,900,000 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 $0.055 per share for ten years. The options vest as to
60% upon the date of grant, as to 20% on the first year anniversary of
the date of grant and as to 20% on the second year anniversary of the
date of grant.
Jaguar is a Canadian merchant bank that invests in undervalued small
capitalization companies in a variety of industry sectors.
The securities of Jaguar Financial Corporation are listed on the TSX
under the symbol "JFC".
The Toronto Stock Exchange does not accept responsibility for the
adequacy or accuracy of this news release. This news release may
contain certain forward looking statements which involve known and
unknown risks, delays, and uncertainties not under Jaguar's control
which may cause actual results, performances or achievements of Jaguar
to be materially different from those implied by such forward looking
SOURCE Jaguar Financial Corporation
For further information:
Vic Alboini, Chairman and Chief Executive Officer
- or -
Kyler Wells, General Counsel & Corporate Secretary