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CALGARY, Alberta, Nov. 19, 2018 (GLOBE NEWSWIRE) -- Jaguar Resources Inc. ("Jaguar" or the "Company") (TSX-V: JRI) is pleased to announce that Jaguar has received TSXV approval to issue 418,723 Common Shares at a deemed price of $1.20 CDN per Common Share to settle approximately $502,467.60 CDN of corporate debt owed to various arm's and non-arm’s length parties of the Company (the "Share Settlement").  The Company also intends to settle all amounts owing to Shadow Tree Income Fund A LP and any remaining payables owed by Jaguar, either pursuant to the Share Settlement or with unallocated proceeds from the Private Placement.

As part of the approved Share Settlement, the Company will convert 207,084 Common Shares in promissory notes at $1.20 per share to settle $248,500.80 CDN of corporate debt, bonus shares, and interest owed to various arm's and Non Arm’s length parties of the Company.  The Company will also issue 21,667 Common Shares, or 20% bonus shares, at a deemed price of $1.20 CDN per Common Share as part of the $26,000.40 CDN Promissory note payments.  
The securities issued pursuant to the Share Settlement will be subject to a four (4) month hold period which expires on March 14, 2018.  

For further information please contact:

Corbin Blume, CEO
Jaguar Resources Inc.
730, 1015 - 4th Street SW
Calgary, Alberta T2R 1J4
Main Phone (403) 975-4009
Fax (403) 264-5455
Email: ahblume@shaw.ca