Jaguar Announces Grant of Stock Options

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.

About Jaguar

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 statements.

SOURCE Jaguar Financial Corporation

For further information:

Vic Alboini, Chairman and 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