Jaguar Resources Inc.
TSX VENTURE : JRI

Jaguar Resources Inc.

April 13, 2016 19:16 ET

Jaguar Announces Appointment of Director

CALGARY, ALBERTA--(Marketwired - April 13, 2016) -

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Jaguar Resources Inc. ("Jaguar" or the "Company") (TSX VENTURE:JRI) is pleased to announce that the Company has appointed Mr. Terry O'Connor, of Red Deer, Alberta, to the Board of Directors.

Mr. O'Connor has over 50 years of Oil and Gas experience; he owns Terraco Group based in Red Deer Alberta. Jaguar is looking forward to having Mr. O'Connor on the board and the wealth of knowledge of the oil and gas industry. Jaguar will announce another board member shortly and a financing.

The appointment of Mr. O'Connor is subject to regulatory acceptance.

The Company also announces the resignation of Mr. Donald Wright from the board of directors. Mr. Wright will continue as an advisor to the board and will continue to work with the board. Jaguar is grateful for all his contributions and continued work in the future.

About Jaguar

Jaguar's business strategy is to seek to provide shareholders with growth by exploring the existing assets in the Saskatchewan Little Swan and Bannock Creek plays. As part of its corporate strategy of acquiring additional assets, the Company is in the process of evaluating several potential transactions which individually or together could be material. The Company cannot predict whether any current or future potential opportunities will result in one or more transactions involving the Company. The Company may issue equity or utilise debt facilities to finance all or a portion of any such potential acquisitions and or drilling programs on its Saskatchewan lands.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Jaguar Resources Inc.
    Corbin Blume
    President & CEO
    (587) 350-7500
    (587) 350-7505 (FAX)