December 4, 2018
Edmonton, Alberta: – December 4, 2018 – Russel J. Renneberg (“Renneberg”) and the estate of Robert R. Morrison (“Morrison”) have acquired 7,005,431 common shares and 14,978,488 respectively of Jaeger Resources Corp. (“Jaeger”) (TSXV:JAEG).
The common shares were issued at a deemed price of $0.05 per share by Jaeger pursuant to a debt settlement completed on November 30, 2018 pursuant to the exemption contained in NI 45-106, Section 2.14.
As a result of the purchase of the common shares, Renneberg holds 8,542,661 Jaeger common shares representing 18.4% of Jaeger’s outstanding common shares and Morrison holds 16,617,988 representing 35.8% of Jaeger’s outstanding common shares.
The securities were acquired by Renneberg and Morrison for investment purposes. Renneberg and Morrison may acquire additional securities of Jaeger from time to time.
Further details related to the above transaction can be found in the corresponding report, as filed in accordance with National Instrument 62-103 on SEDAR (www.sedar.com.)
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.