Jaguar Nickel announces acquisition of equity interest in Century II Holdings



    TORONTO, April 27 /CNW/ - Jaguar Nickel Inc. ("Jaguar" or the "Company")
(TSX: JNI) announced its acquisition today of 1,024,400 common shares of
Century II Holdings Inc. ("Century") (TSX:CH) representing approximately 9% of
the total issued common shares of Century. The Century shares were acquired on
the Toronto Stock Exchange for investment purposes. Combined with the Century
common shares previously owned by Jaguar, Jaquar now owns in aggregate
1,779,508 Century common shares, representing approximately 15.6% of the total
issued common shares of Century as of the date hereof.
    Jaguar believes the common shares of Century are undervalued and wishes
to assist in the enhancement of shareholder value. Jaguar may, depending on
market and other conditions, acquire additional common shares, through market
transactions, private agreement or otherwise. Jaguar may, depending on market
or other conditions, sell any or all of its common shares.

    About Jaguar

    Jaguar is a Canadian merchant bank that invests in undervalued small
capitalization companies in a variety of industry sectors.

    %SEDAR: 00002498E




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