TORONTO, ONTARIO, CANADA, November 19, 2021 /EINPresswire.com/ – Toronto, ON – November 19, 2021 – Jaguar Financial Corporation (“Jaguar” or the “Company”) is pleased to announce today that it has received a short term loan of C $ 125,000 (the “Loan”) in the form of unsecured promissory notes (the “Notes”) from a group of investors at arm’s length from the Company (the “Lenders”).
The Notes are unsecured, bear interest at the rate of eight percent (8%) per annum and are payable on demand. The Company may at any time repay all or part of the Loan (without early repayment charges or penalties of any kind) by giving advance notice of the early repayment to the Lenders.
The loan is expected to be used to finance Jaguar’s working capital.
Jaguar was previously a Canadian merchant bank generally investing in companies that Jaguar deems to be undervalued, neglected and undervalued. As of the date hereof, Jaguar has ceased to carry on an active commercial activity. Jaguar is currently engaged in the identification and valuation of suitable assets or businesses to acquire or merge, with the aim of maximizing shareholder value.
This press release contains “forward-looking statements” within the meaning of applicable securities laws. All statements contained in this document that are not clearly historical in nature may constitute forward-looking statements.
Certain statements contained in this press release constitute “forward-looking statements”. All statements other than statements of historical fact contained in this press release, including without limitation those regarding the loan, including the intended use of the loan and its repayment schedule, and the strategy, plans, objectives, goals and targets of the company, and all statements preceded, followed by or which include the words “believe”, “expect”, “aim”, “intend”, “plan” , “Continue”, “” anticipate “,” estimate “,” anticipate “,” predict “,” plan “,” seek “,” should “or similar or negative expressions thereof, are forward-looking statements. Statements are not historical facts but represent only the Company’s expectations, estimates and projections regarding future events. These statements are not guarantees of future performance and involve assumptions, risks and uncertainties that are difficult to predict. see. Therefore, actual results may differ materially from what is expressed, implied or expected in these forward-looking statements. Management provides forward-looking statements because they believe they provide information useful to investors when considering their investment objectives and cautions investors not to place undue reliance on forward-looking information. Accordingly, all forward-looking statements made in this press release are qualified by these and other cautionary statements or factors contained herein, and there can be no assurance that actual results or developments will be achieved or, even s ‘they are substantially realized, that they will have the consequences or the expected effects on the Company. These forward-looking statements are made as of the date of this press release and the Company assumes no obligation to update or revise them to reflect subsequent information, events or circumstances or otherwise, except as required by law. required.
For more information please contact:
Director and CEO
Email: [email protected]
Jaguar Financial Corporation
write us here