Month: November 2018

Edmonton, AB-November 30, 2018-Jaeger Resources Corp. (TSXV:JAEG) announced today that it has closed its debt settlement announced November 21, 2018 and issued 30,781,289 at a deemed price of $0.05 per share in settlement of outstanding indebtedness of $1,539,064.52.

The shares issued pursuant to the debt settlement have a hold period expiring March 31, 2019.

On Behalf of the Board

Don Bossert

CFO

 

For further information please contact:

Don Bossert, CFO (780) 465-4129

info@jaegerresoures.com

www.jaegerresources.com

 

 

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

Edmonton, AB-November 21, 2018-Jaeger Resources Corp. (TSXV:JAEG) announced today that it has entered into debt settlement agreement with several creditors and directors to settle outstanding indebtedness of $1,539,064.52. Under the terms of the debt settlement agreements 30,781,289 common shares will be issued at a deemed value of $0.05 per share.
As part of the debt settlement the creditors and directors have agreed to write off $1,539,064.53 in additional outstanding indebtedness.

The issuance of shares for debt is subject to the approval of the TSXV Venture Exchange. The issuance of shares for debt was approved at the Annual and Special Meeting of Shareholders held June 27, 2018.

On Behalf of the Board
Don Bossert
CFO
For further information please contact:
Don Bossert, CFO (780) 465-4129
info@jaegerresoures.com
www.jaegerresources.com

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