Category: News

Edmonton, AB – December 30, 2020 – Jaeger Resources Corp. (the “Company”) (TSXV:JAEG)  is pleased to announce the results of its Annual, General and Special Meeting held on December 16, 2020. The meeting was held via conferencing.  All resolutions proposed at the meeting were duly passed.

The resolutions at the meeting consisted of the following: (1) electing all director nominees, as listed in the management information circular dated November 10, 2020, to the board of directors of the company; (2) reappointing Saturna Group Chartered Accountants LLP, Vancouver, as auditors of the Company for the ensuing year and authorization of the directors to fix the auditor’s remuneration; and (3) approval of the Company’s stock option plan. There was a total of 33,215,655 votes or approximately 60.8% of the Company’s issued and outstanding common shares represented at the meeting.

Russel Renneberg has accepted the role as Chairman of the Board, Bruce Downing as Chief Executive Officer and Don Bossert as Chief Financial Officer and Corporate Secretary. Russel Renneberg, Don Bossert and Mike Robb are members of the Company’s Audit Committee with Mr. Renneberg as Chairman of the Audit Committee.

About Jaeger Resources Corp.

Jaeger Resources Corp. is a junior Canadian exploration company focused on evaluating high potential, undervalued mineral properties for acquisition, which can be developed to give investors an attractive return on investment.  Jaeger has entered into an agreement with Stratabound Minerals Corp. to explore and develop the Taylor Brook zinc – lead – copper – silver deposit in the Bathurst Mining Camp, New Brunswick, Canada.

For further Company information, please visit the Company’s website at www.jaegerresources.com.

On Behalf of the Board,

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, FGC, FEC(hon)

CEO

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 the accuracy of this press release.  We seek Safe Harbor. 

Not for release in the United States.

Notice Regarding Forward-Looking Statements

This news release contains “forward-looking statements”.  Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, statements regarding the Annual, General and Special Meeting.

Actual results could differ from those projected in any forward-looking statements due to numerous factors.  Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms.  We are not in control of metals prices and these could vary to make development uneconomic.  These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements.  Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate.

Edmonton, AB – December 15, 2020 – Jaeger Resources Corp. (the “Company”) (TSXV:JAEG)  is pleased to provide an update on the Company’s exploration activities on its Taylor Brook zinc – lead – silver – copper property in the Bathurst Mining Camp, New Brunswick, Canada. Please see press releases of September 17 & 15, 2020 for updates of the geophysical and lithogeochemical surveys and October 7, 2020 for the preview of the geological model.  

Recent field work has included mapping of the VLF geophysical anomalies and re-sampling of some of the diamond drill core from the 1995 and 1996 drill campaigns. Mineralized and unmineralized outcrops have been sampled and will be sent out for lithogeochemical analyses.

From a review of the historical drill logs, a chloritic iron formation (or exhalite) was noted in three drill holes that was not previously sampled.  The significance of this unit is that it has been recognized and mapped at the former Brunswick Mine 12 deposit. A better understanding of the lithogeochemistry of the deposit will become more apparent as additional unsampled core from previous drilling is sampled. 

Further exploration is warranted, as the property has not been systematically explored and delineated laterally to the east or west (Stratmat area, see press release of December 2, 2020), nor to depth as the property has had very limited exploration.  This property appears to have several mineralized horizons and is folded with faulted offsets.  These may be stacked horizons due to different lithostratigraphic horizons or stacked due to structural deformation.  The property has the right host rocks, evidence of a mineralized system and potential for scale.

About Jaeger Resources Corp.

Jaeger Resources Corp. is a Junior Canadian Exploration Company focused on evaluating high potential, undervalued mineral properties for acquisition, which can be developed to give investors an attractive return on investment.  Jaeger has entered into an agreement with Stratabound Minerals Corp. to explore and develop the Taylor Brook zinc – lead – silver – copper property in the Bathurst Mining Camp, New Brunswick, Canada.

For further Company and technical information, please visit the Company’s website at www.jaegerresources.com.

The technical content of this press release has been reviewed and approved by the Company’s CEO, Bruce W. Downing, as the Qualified Person.

On Behalf of the Board,

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, FGC, FEC(hon)

CEO

info@jaegerresoures.com

www.jaegerresources.com

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 the accuracy of this press release.  We seek Safe Harbor. 

Not for release in the United States.

Notice Regarding Forward-Looking Statements

This news release contains “forward-looking statements”.  Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations, or intentions regarding the future, including but not limited to, statements regarding the Taylor Brook Property.

Actual results could differ from those projected in any forward-looking statements due to numerous factors.  Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms.  We are not in control of metals prices and these could vary to make development uneconomic.  These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements.  Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate.

Edmonton, AB – December 2, 2020 – Jaeger Resources Corp. ( “Jaeger”) (TSXV:JAEG)  is pleased to announce that through a Memorandum of Understanding with Trevali Mining Corp. certain data will be shared regarding Jaeger’s Taylor Brook Property and Trevali’s Stratmat Property.

The Taylor Brook Deposit model has some similarities to that of Stratmat’s Boundary Deposit.  The Boundary Deposit was mined from 1989 to 1993 as both open pit and underground operations.  The VLF signature of the Boundary Deposit appears to be similar to that of the Taylor Brook Deposit. In addition to this, the Stratmat “Shear Zone” is continuous onto the Taylor Brook Property and there are many similar geophysical anomalies that warrant further investigation. Owing to similarities in geology, structures, and geophysical signatures, data co-operation is mutually beneficial.

The Bathurst Mining Camp is not so much a single zinc-lead-silver-copper deposit but a region with multiple potential deposits staggered along local and regional prospective horizons.

About Jaeger Resources Corp.

Jaeger Resources Corp. is a Junior Canadian Exploration company focused on evaluating high potential, undervalued mineral properties for acquisition, which can be developed to give investors an attractive return on investment.  Jaeger has entered into an agreement with Stratabound Minerals Corp. to explore and develop the Taylor Brook zinc – lead – copper – silver deposit in the Bathurst Mining Camp, New Brunswick, Canada.

For further Company information, please visit the Company’s website at www.jaegerresources.com.

On Behalf of the Board,

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, FGC, FEC(hon)

CEO

For further information please contact:

Bruce Downing, CEO (604) 613-2150

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 the accuracy of this press release.  We seek Safe Harbor. 

Not for release in the United States.

Notice Regarding Forward-Looking Statements

This news release contains “forward-looking statements”.  Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, statements regarding the data exchange.

Actual results could differ from those projected in any forward-looking statements due to numerous factors.  Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms.  We are not in control of metals prices and these could vary to make development uneconomic.  These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements.  Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate.

Edmonton, AB-November 27, 2020 – Jaeger Resources Corp. (the “Company”) (TSXV:JAEG)  is pleased to announce today that it has closed its non-brokered private placement for gross proceeds of CDN$57,840 by issuing 1,446,000 units at a price of CDN$0.04 per unit.  Each unit consists of one common share and one warrant. Each warrant entitles the holder to purchase one additional common share at $0.08 on or before November 27, 2022.

The Company has also closed its non-brokered flow-though private placement for gross proceeds of CDN$69,000 by issuing up to 1,380,000 flow-through units at a price of CDN$0.05 per unit.  Each unit consists of one flow-through common share and one warrant. Each warrant entitles the holder to purchase one additional common share at $0.10 on or before November 27, 2022.

Commissions of $2,400 were paid on the private placements. The securities issued pursuant to the private placement have a hold period expiring March 28, 2021.

About Jaeger Resources Corp.

Jaeger Resources Corp. is a Junior Canadian Exploration Company focused on evaluating high potential, undervalued mineral properties for acquisition, which can be developed to give investors an attractive return on investment.  Jaeger has entered into an agreement with Stratabound Minerals Corp. to explore and develop the Taylor Brook zinc – lead – copper – silver deposit in the Bathurst Mining Camp, New Brunswick, Canada.

For further Company information, please visit the Company’s website at www.jaegerresources.com.

On Behalf of the Board,

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, FGC, FEC(hon)

CEO

For further information please contact:

Bruce Downing, CEO (604) 613-2150 or

Don Bossert, CFO (780) 465-4129

info@jaegerresoures.com

www.jaegerresources.com

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 the accuracy of this press release.  We seek Safe Harbor. 

Not for release in the United States.

Notice Regarding Forward-Looking Statements

This news release contains “forward-looking statements”.  Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations, or intentions regarding the future, including but not limited to, statements regarding the financings.

Actual results could differ from those projected in any forward-looking statements due to numerous factors.  Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms.  We are not in control of metals prices and these could vary to make development uneconomic.  These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements.  Although we believe that the beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate.

Edmonton, AB-November 2, 2020 – Jaeger Resources Corp. (the “Company”) (TSXV:JAEG)   announced today that it has received the approval of the TSX Venture Exchange to extend the closing date of its non-brokered private placement and non-brokered flow-through private placement to on or before November 30, 2020. 

About Jaeger Resources Corp.

Jaeger Resources Corp. is a junior Canadian exploration company focused on evaluating high potential, undervalued mineral properties for acquisition, which can be developed to give investors an attractive return on investment.  The Company has entered into an agreement with Stratabound Minerals Corp. to explore and develop the Taylor Brook zinc – lead – copper – silver deposit in the Bathurst Mining Camp, New Brunswick, Canada.

For further Company information, please visit the Company’s website at www.jaegerresources.com.

On Behalf of the Board,

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, FGC, FEC(hon)

CEO

For further information please contact:

Bruce Downing, CEO (604) 613-2150 or

Don Bossert, CFO (780) 465-4129

info@jaegerresoures.com

www.jaegerresources.com

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 the accuracy of this press release.  We seek Safe Harbor. 

Not for release in the United States.

Notice Regarding Forward-Looking Statements

This news release contains “forward-looking statements”.  Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations, or intentions regarding the future, including but not limited to, statements regarding the Financings.

Actual results could differ from those projected in any forward-looking statements due to numerous factors.  Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms.  We are not in control of metals prices and these could vary to make development uneconomic.  These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements.  Although we believe that the beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations, or intentions will prove to be accurate.

Edmonton, Alberta, – October 7, 2020 – Jaeger Resources Corp.  (TSX – V: JAEG) (“Jaeger” or the “Company”) is pleased to announce a preliminary geological model for its Taylor Brook Deposit in New Brunswick, Canada.

A preliminary geological model of the deposit has now been created by a consultant to the company. The model representation maps are presented on the company website www.jaegerresources.com. This model is only represented by 34 diamond drillholes drilled from 1977 to 2016.

This model indicates the presence of near surface mineralization which may be amenable to open pit development. 

This model helps to identify both structural and lithological controls on the deposit system, which have an importance for the rest of the Taylor Brook Property that could be present across the entire 7 km geological strike length of the Property at/near surface and continuing at depth. To date, less than 10% of the Taylor Brook Property has been explored with diamond drilling.

The interpreted model indicates an antiformal shape with several sub-parallel lenses of  massive to semi-massive sulphides that may be a result of tight Z type folding and / or structural repetition of lithological units reflecting a combination of folding episodes as well as possible stacking by thrusting. Going forward, the use of lithogeochemical analyses and methods will aid in the interpretation of the structural geology of the deposit (see press release dated February 26, 2020).  

From recent exploration work, much of the historical drilling is interpreted to be oriented in the wrong direction and as such some of the thinner intersections tend to be discontinuous from drill hole to drill hole. Some of these intersections are oriented in directions that may be sub-parallel to drilling, suggesting continuity is possible with other mineralized zones. The model can also be used to define and direct drilling that is required for an updated resource.  Additional drilling will be needed to confirm the continuity of near surface mineralization. 

The Taylor Brook Deposit model has some similarities to that of Stratmat’s Boundary Deposit which was estimated to contain 891,000 tons grading 3.31% Pb, 7.96% Zn, 0.32% Cu and 44 g/t Ag.  The Boundary Deposit was mined from 1989 to 1993 as both open pit and underground operations. The VLF signature of the Boundary Deposit is similar to that of the Taylor Brook Deposit.

The Taylor Brook Deposit model will be continually updated as more geological, lithogeochemical and geophysical data become available. This includes a review of all historical data with re-analysis of historic drill holes where possible.  An important aspect will be creating a digital library of historical reports, technical documents and databases.

About Jaeger Resources Corp.
Jaeger Resources Corp. is a Junior Canadian Exploration Company focused on evaluating high potential, undervalued mineral properties for acquisition, which can be developed to give investors an attractive return on investment.  Jaeger has entered into an agreement with Stratabound Minerals Corp. (see press release of February 22, 2017) to explore and develop the Taylor Brook zinc – lead – silver – copper property in the Bathurst Mining Camp, New Brunswick, Canada.

For further Company and technical information, please visit the Company’s website at www.jaegerresources.com.

The technical content of this press release has been reviewed and approved by the Company’s CEO, Bruce W. Downing, as the Qualified Person.

On Behalf of the Board,

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, FGC, FEC(hon)
CEO
Email: info@jaegerresources.com

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 the accuracy of this press release.  We seek Safe Harbor. 

Not for release in the United States.

Notice Regarding Forward-Looking Statements

This news release contains “forward-looking statements”.  Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, statements regarding the Taylor Brook Property.

Actual results could differ from those projected in any forward-looking statements due to numerous factors.  Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms.  We are not in control of metals prices and these could vary to make development uneconomic.  These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements.  Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate.

Edmonton, Alberta, – September 17, 2020 – Jaeger Resources Corp.  (TSX – V: JAEG) (“Jaeger” or the “Company”) is pleased to announce the completion of its Very Low Frequency (VLF), Horizontal Loop Electromagnetic (HLEM) and magnetometer geophysical surveys on its Taylor Brook Property in New Brunswick.

Approximately 40 km of new grid has been completed and was designed to cover areas of the new claims (9229, 9381) which were staked in 2019 and 2020 to cover the open and under-explored ground between the Taylor Brook Property and the Stratmat Deposit.  This area has the potential for the discovery of new mineralized zones and has not been explored since 1996-7.  The grid and claims are shown on the Company website.   

Exploration over this new grid consisted of VLF and magnetometer geophysical surveys which have now been completed.  The VLF and magnetometer maps are posted on the Company website.  The HLEM survey was conducted over selected VLF anomalies interpreted from earlier geophysical surveys conducted in 2019 and 2020.  A partial HLEM survey was conducted in 2018 over the Taylor Brook Property and has now been completed.  The geophysical data has been forwarded to the Company’s geophysicist for evaluation and recommendations.

From a preliminary review, there appear to be several VLF and magnetitic anomalous areas at the western edge of the grid that may have to be followed up, which would entail additional line cutting and grid extension.

About Jaeger Resources Corp.
Jaeger Resources Corp. is a Junior Canadian Exploration Company focused on evaluating high potential, undervalued mineral properties for acquisition, which can be developed to give investors an attractive return on investment.  Jaeger has entered into an agreement with Stratabound Minerals Corp. (see press release of February 22, 2017) to explore and develop the Taylor Brook zinc – lead – silver – copper property in the Bathurst Mining Camp, New Brunswick, Canada.

For further Company and technical information, please visit the Company’s website at www.jaegerresources.com.

The technical content of this press release has been reviewed and approved by the Company’s CEO, Bruce W. Downing, as the Qualified Person.

On Behalf of the Board,

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, FGC, FEC(hon)
CEO
Email: info@jaegerresources.com

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 the accuracy of this press release.  We seek Safe Harbor. 

Not for release in the United States.

Notice Regarding Forward-Looking Statements

This news release contains “forward-looking statements”.  Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, statements regarding the Taylor Brook Property.

Actual results could differ from those projected in any forward-looking statements due to numerous factors.  Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms.  We are not in control of metals prices and these could vary to make development uneconomic.  These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements.  Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate.

September 15, 2020 (TSX – V: JAEG) is pleased to announce preliminary results and interpretations of a petrographic study on selected samples of drill core and outcrops from the Taylor Brook Property in New Brunswick.  This is in conjunction with the lithogeochemical – geometallurgical study as reported in the February 26, 2020 news release.

Petrographic studies indicate the presence of similar rock types and mineralization to that of the Stratmat Deposit which is six km west of the Taylor Brook Deposit. This also suggests that mineralization at Taylor Brook is part of a large district-wide system, albeit structurally divided.

This study also discovered the presence of sulphosalt (tennanite/tetrahedrite) which had not been previously observed. Magnetite was identified in the meta volcanic unit (diabase – gabbro) which is indicative of the high magnetics derived from the magnetometer survey which can be easily mapped (see magnetic map on website www.jaegerresources.com/projects/#taylor-7).

This study provided additional information on the lithologies and types of alteration associated with various property structures and mineralized intercepts of economic interest as well as to compare these to known deposits in the Bathurst Mining Camp.

In addition to this study, the nature and style of both mineralization and gangue material must be considered in order to determine their impact on geological interpretation, metallurgical process, recovery, disposal, metal leaching and water quality.

Additional highlights of the study include the following interpretations:

• Identification of lithologic units: silicic clastic volcanics of possible dacite composition, exhalite, volcaniclastic sediment (meta-ash tuff), meta-mafic (diabase), fragmental / foliated semi-massive to massive sulphide unit.
• Pervasive sericitic alteration.
• Carbonate is of possible dolomite – ankerite composition.
• Clay material such as sericite (illite / muscovite) is pervasive throughout the units.  High concentrations of clay material can impact geophysical interpretations (i.e. induced polarization) and mineral processing.  
• Non-mineralized and mineralized units are generally medium grained.  This is an important aspect for mineral processing.
• Mineralogy of non-mineralized volcanic units is predominantly quartz, plagioclase, chlorite, sericite with lesser amounts of K-feldspar.  Accessory minerals in the non-mineralized samples consist of apatite, rutile, ilmenite.
• Mineralogy of the meta-mafic (diabase) unit is plagioclase (possible oligioclase composition), chlorite, amphibole with accessory magnetite and carbonate.
• Mineralogy of mineralized units is predominantly quartz, sericite, sulphides with lesser amounts of biotite, chlorite, carbonate.  
• Sulphide mineralogy is pyrite, sphalerite and galena with lesser amounts of chalcopyrite, sulphosalt (possibly tennantite/tetrahedrite), and trace amounts of marcasite and arsenopyrite.
• Textures of the mineralized samples suggest remobilization and recrystallization, possibly with re-concentration of base metals.
• No magnetite identified in mineralized section.
• No graphite identified to date.
• Ag content correlated to As and Sb suggests it may be in tetrahedrite/tennantite.
• Tin, indium and barium are enriched in the mineralized samples.

Photomicrographs of selected samples are shown on the Company’s website www.jaegerresources.com (Picture Gallery).

Additional sampling of drill core and outcrops over the property for further lithogeochemical and geometallurgical work (including petrographic) is ongoing.

The thin section preparation was carried out by Vancouver Petrographics (Fort Langley, BC) and the petrographic report was prepared by Dr. Craig Leitch (Saltspring Island, BC).  

About Jaeger Resources Corp.

Jaeger Resources Corp. is a Junior Canadian Exploration Company focused on evaluating high potential, undervalued mineral properties for acquisition, which can be developed to give investors an attractive return on investment.  Jaeger has entered into an agreement with Stratabound Minerals Corp. (see press release of February 22, 2017) to explore and develop the Taylor Brook zinc – lead – silver deposit in the Bathurst Mining Camp, New Brunswick, Canada.

For further Company and technical information, please visit the Company’s website at www.jaegerresources.com.

The technical content of this press release has been reviewed and approved by the Company’s CEO, Bruce W. Downing, as the Qualified Person.

On Behalf of the Board,

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, FGC, FEC(hon)
CEO
Email: info@jaegerresources.com

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 the accuracy of this press release.  We seek Safe Harbor. 

Not for release in the United States.

Notice Regarding Forward-Looking Statements

This news release contains “forward-looking statements”.  Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations, or intentions regarding the future, including but not limited to, statements regarding the Taylor Brook Property.

Actual results could differ from those projected in any forward-looking statements due to numerous factors.  Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms.  We are not in control of metals prices and these could vary to make development uneconomic.  These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements.  Although we believe that the beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations, or intentions will prove to be accurate.

Edmonton, AB-September 8, 2020 – Jaeger Resources Corp. (the “Company”) (TSXV:JAEG)  is pleased to announce today that it is undertaking a “best efforts” non-brokered private placement for gross proceeds of up to CDN$250,000 by issuing up to 6,250,000 units at a price of CDN$0.04 per unit.  Each unit will consist of one common share and one warrant. Each warrant entitles the holder to purchase one additional common share at $0.08 for a period of two years from the date of closing.

The proceeds from the private placement will be used for general working capital.

The Company is also undertaking a “best efforts” non-brokered private placement for gross proceeds of up to CDN$500,000 by issuing up to 10,000,000 flow-through units at a price of CDN$0.05 per unit.  Each unit will consist of one common share and one warrant. Each warrant entitles the holder to purchase one additional common share at $0.10 for a period of two years from the date of closing.

The private placements are subject to the approval of the TSX Venture Exchange. Finder’s fees may be paid on the private placements in accordance with the requirements of the TSX Venture Exchange.

The proceeds from the sale of the flow-through shares will be used to incur Canadian Exploration Expense (“CEE”), as defined in the Income Tax Act (Canada).  The Company will renounce such CEE to the subscribers effective for the 2020 income tax year.  The funds will be used for exploration and drilling on the Company’s Taylor Brook Property in New Brunswick.

About Jaeger Resources Corp.

Jaeger Resources Corp. is a Junior Canadian Exploration Company focused on evaluating high potential, undervalued mineral properties for acquisition, which can be developed to give investors an attractive return on investment.  Jaeger has entered into an agreement with Stratabound Minerals Corp. to explore and develop the Taylor Brook zinc – lead – copper – silver deposit in the Bathurst Mining Camp, New Brunswick, Canada.

For further Company information, please visit the Company’s website at www.jaegerresources.com.

On Behalf of the Board,

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, FGC, FEC(hon)

CEO

For further information please contact:

Bruce Downing, CEO (604) 613-2150 or

Don Bossert, CFO (780) 465-4129

info@jaegerresoures.com

www.jaegerresources.com

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 the accuracy of this press release.  We seek Safe Harbor. 

Not for release in the United States.

Notice Regarding Forward-Looking Statements

This news release contains “forward-looking statements”.  Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, statements regarding the Financings.

Actual results could differ from those projected in any forward-looking statements due to numerous factors.  Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms.  We are not in control of metals prices and these could vary to make development uneconomic.  These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements.  Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate.

Edmonton, AB- August 12, 2020 – Jaeger Resources Corp. (the “Company”) (TSXV:JAEG) is pleased to announce that Mr. Mike Robb, PE, has been appointed to the Board of Directors of Jaeger Resources Corp.

Mr. Robb has 46 years of international mining experience, with extensive experience in the areas of management, design, construction and operations.  He is currently an Independent Consulting Engineer providing management and mining engineering services to firms worldwide and a Director of Stratabound Minerals Corp.  He is a graduate of the University of Idaho, a Registered Professional Engineer in Arizona, Maine, Nevada and New Mexico and has authored nine technical papers and is co-author of one patent and one reference book.  He is a Registered Member of the SME, a member of the Professional Engineers Examination committee and a Qualified Person as defined by NI 43-101.  He is a retired U.S. Marine Corps Reserve Colonel.

Mr. Peter Gommerud is retiring as a director of the Company but will remain as a consultant.  Jaeger thanks Peter for his years of service, having been a Director for over 15 years, including 1 year as the CEO.

About Jaeger Resources Corp.

Jaeger Resources Corp. is a Junior Canadian Exploration Company focused on evaluating high potential, undervalued mineral properties for acquisition, which can be developed to give investors an attractive return on investment.  Jaeger has entered into an agreement with Stratabound Minerals Corp. to explore and develop the Taylor Brook zinc – lead – copper – silver deposit in the Bathurst Mining Camp, New Brunswick, Canada.

For further Company and technical information, please visit the Company’s website at www.jaegerresources.com.

 “Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, FGC, FEC (Hon.)

CEO

info@jaegerresoures.com

www.jaegerresources.com

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 the accuracy of this press release.  We seek Safe Harbor. 

Not for release in the United States.

Notice Regarding Forward-Looking Statements

This news release contains “forward-looking statements”.  Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, statements regarding the changes to the board of directors.

Actual results could differ from those projected in any forward-looking statements due to numerous factors.  Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms.  We are not in control of metals prices and these could vary to make development uneconomic.  These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements.  Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate.