2013-08-14 23:48:21 -
Toronto, Ontario CANADA, August 14, 2013 /FSC/ - Jaguar Financial Corporation (JFC - TSX), ("Jaguar"), today announced that its financial statements and MD&A for the second quarter ended June 30, 2013 were filed on SEDAR today.
Jaguar also referred to the press release dated August 7, 2013 issued by Galvanic Applied Sciences Inc. ("Galvanic") stating that approximately 69.7% of the issued and outstanding common shares of Galvanic were taken up by 1756349 Alberta Ltd. under its offer. Accordingly the condition to Jaguar's proposed offer that there be deposited a minimum of two-thirds of the outstanding common shares of Galvanic would not be met and therefore Jaguar will not proceed with its previously announced offer.
About Jaguar Financial Corporation
a Canadian merchant bank that generally invests in undervalued, overlooked and underappreciated public companies where Jaguar determines that one or more changes could be made to create shareholder value.
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 additional information on this press release, please contact:
Vic Alboini, Chairman & Chief Executive Officer
Jaguar Financial Corporation
Commerce Court North
25 King Street West, Suite 1450
Toronto, Ontario M5L 1E8
To view the press release as a PDF file, please click on the following link:
Source: Jaguar Financial Corporation (TSX: JFC)
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