Jaguar Financial Corporation: Purchase of Additional Shares of Jaguar

    




 TORONTO, Sept. 19, 2012 /CNW/ - Vic Alboini (the "Offeror") announced his purchase through the facilities of the Toronto Stock  Exchange of 1,702,000 common shares at a price of $0.05499 per share on  April 20, 2012 and 939,000 common shares on September 17, 2012 at a  price of $0.025 per share. These two purchases bring the number of  common shares owned or over which the Offeror has control or direction  to 15,700,571 representing approximately 14.4% of the total issued and  outstanding common shares of Jaguar Financial Corporation ("Jaguar"). 

 Northern Financial Corporation ("Northern"), an entity of which the Offeror is the Chairman and Chief Executive  Officer, owns 11,210,315 common shares of Jaguar representing  approximately 10.3% of the common shares of Jaguar. 

 Although there is no agreement between the Offeror and Northern, the  parties are treated as acting jointly and in concert with regard to  their respective ownership of common shares of Jaguar.  The Offeror and  Northern collectively own a total of 26,910,886 common shares of Jaguar  representing approximately 24.6% of the total issued common shares of  Jaguar.  In addition, the Offeror has vested options to acquire  6,200,000 treasury common shares of Jaguar. 

 The Offeror acquired the common shares for investment purposes. The  Offeror may, directly or indirectly, depending on market and other  conditions, acquire beneficial ownership of, control or direction over,  additional common shares of Jaguar, through market transactions,  private agreements or otherwise, in accordance with applicable  securities legislation.  The Offeror or Northern may, depending on  market and other conditions, sell any or all of their respective common  shares. 

 The purchases were made in reliance on the exemption from the take-over  bid requirements contained in section 100 of the Securities Act  (Ontario) and section 6.1 of Multilateral Instrument 62-104. 

 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. 

Jaguar Financial Corporation


CONTACT:  Vic Alboini145 King Street West, Suite 2020, Toronto, Ontario M5H 2Y4Chairman and Chief Executive Officer(416) 644-8110 


    

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