TORONTO, Jan. 15 /CNW/ - The Board of Directors of Jaguar Financial
Corporation (TSX: JFC) ("Jaguar" or the "Company") has called an Annual and
Special Meeting of the Shareholders of the Company to be held on April 9, 2009
(the "Meeting"). The Meeting has been called as Jaguar's annual general
meeting and also in response to a requisition made pursuant to Section 105 of
the Business Corporations Act (Ontario).
Mr. Bill Iannaci, Chief Executive Officer of Royal Laser Corporation,
requisitioned a meeting of Jaguar shareholders for the purpose of removing the
current Board of Directors of Jaguar and electing a slate of directors to be
proposed by Mr. Iannaci. Mr. Iannaci's alternate slate of directors will be
considered by shareholders at the Meeting, along with management's proposed
slate of directors. At this time, an alternative slate of directors has not
been proposed by Mr. Iannaci.
About Jaguar Financial Corporation
Jaguar is a Canadian merchant bank that invests in undervalued small
capitalization companies in a variety of industry sectors.
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 statements.
For further information:
For further information: Vic Alboini, Chairman & Chief Executive
Officer, (416) 644-8110; or Kyler Wells, General Counsel & Corporate
Secretary, (416) 644-8177