Agoracom: Small Cap Investment - Gelum Resources - TSXV-listed Jaguar Resources on Restatement of Reserves at Murray Lake; Moves to File 2017 Financials

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18,000 acre Eldorado land claims of the Bralorne-Bridge River Gold District.

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TSXV-listed Jaguar Resources on Restatement of Reserves at Murray Lake; Moves to File 2017 Financials

posted on May 10, 2018 09:22AM

2018-05-10 07:59:47 AM ET (MT Newswires)

07:59 AM EDT, 05/10/2018 (MT Newswires) -- Jaguar Resources (JRI.V) -- with shares recently trading at $0.54 apiece in a 52-week range of $0.47 - 0.55 -- said late Wednesday that it expects to restate its oil and gas reserves associated with five non-producing wells at Murray Lake, Alberta, on or before the end of May 2018.

Jaguar noted that on May 4, 2018, the Alberta Securities Commission issued a general cease trade order against it resulting from a delay in filing its audited financial statements for fiscal 2017, as well as management's discussion and analysis and related CEO/ CFO certifications.