Le Lézard
Classified in: Business
Subject: BOARD OF DIRECTORS

Jaguar Announces Appointment of Chief Financial Officer


CALGARY, Alberta, May 28, 2018 (GLOBE NEWSWIRE) -- Jaguar Resources Inc. ("Jaguar" or the "Company") (TSX VENTURE:JRI) is pleased to announce Mr. Ian T. Tweedie, CA, CPA has succeeded Mr. Randy Boyd as the Chief Financial Officer.  Mr. Tweedie who brings over 45 years of financial experience and a broad range of financial systems knowledge.  Mr. Tweedie is an independent financial consultant with extensive financial and managerial experience in both public and private companies. He has provided financial management to companies in various industries, most recently in media and technology. Previously, Ian was the Vice President of a West German drilling fund company with excess of $150 million invested through oil and gas operating companies in North America.  Mr. Tweedie is currently a director of several private Alberta companies and has previously acted as a director of several public companies.

We want to thank Mr. Randy Boyd for his oversight, guidance, and contribution to the Company.

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 accuracy of this release.

Forward Looking Information

This news release contains forward?looking statements and forward?looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward?looking statements or information. More particularly and without limitation, this news release contains forward?looking statements and information relating to the resumption of trading of the Company's common shares on the TSXV. The forward?looking statements and information are based on certain key expectations and assumptions made by management of the Company. Although management of the Company believes that the expectations and assumptions on which such forward looking statements and information are based are reasonable, undue reliance should not be placed on the forward?looking statements and information since no assurance can be given that they will prove to be correct.

Forward-looking statements and information are provided for the purpose of providing information about the current expectations and plans of management of the Company relating to the future. Readers are cautioned that reliance on such statements and information may not be appropriate for other purposes, such as making investment decisions. Since forward?looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, the Company's ability to continue operations without adequate capital, the Company's ability to raise further capital, the Company's ability to efficiently and successful explore and develop its properties, availability of drilling rigs, failure to interpret geological and geophysical information accurately, and the likelihood of those or any geological structures containing hydrocarbons. Accordingly, readers should not place undue reliance on the forward?looking statements and information contained in this news release. Readers are cautioned that the foregoing list of factors is not exhaustive.

The forward?looking statements and information contained in this news release are made as of the date hereof and no undertaking is given to update publicly or revise any forward?looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws or the TSXV. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.


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