Jaguar announces acquisition of additional equity interest in Virtek

    TORONTO, Sept. 4 /CNW/ - Jaguar Financial Corporation ("Jaguar") (TSX:
JFC) announced its acquisition of an additional 817,400 common shares of
Virtek Vision International Inc. ("Virtek"; TSX: VRK) representing
approximately 2.4% of the total issued common shares of Virtek. The Virtek
shares were acquired on the Toronto Stock Exchange for investment purposes at
an average price of $1.022 per share. Combined with the Virtek common shares
previously owned, Jaguar now owns a total of 5,869,900 common shares,
representing approximately 17.5% of the total issued common shares of Virtek.
    Jaguar believes the common shares of Virtek are undervalued and wishes to
assist in the enhancement of shareholder value.

    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: on this press release, please contact: Vic
Alboini, Chairman & Chief Executive Officer, (416) 644-8110 or Kyler Wells,
General Counsel & Corporate Secretary, (416) 644-8177

Organization Profile

Jaguar Financial Corporation

More on this organization

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890