Jaguar Mining Inc. Draws Down $5 Million Under Renvest Credit Facility

Jaguar Mining Inc. Draws Down $5 Million Under Renvest Credit Facility 
BELO HORIZONTE, Brazil, Jan. 25, 2013 /CNW/ - Jaguar Mining Inc. ("Jaguar" or 
the "Company") (JAG: TSX/NYSE) today announced that it has made an initial 
draw down of $5 million on its previously announced $30 million standby credit 
facility (the "Facility") with Renvest Mercantile Bancorp Inc. through its 
Global Resource Fund (the "Lender"). Consistent with the terms of the 
Facility, the Lender received an upfront fee and draw down fee together 
comprising 570,919 shares of Jaguar's common stock and $150,000 in cash. 
The Lender has advanced the initial draw down as the process to complete 
registration of the remaining security under the Facility continues to be 
completed. The remaining $25 million under the Facility will be available to 
be drawn down by the Company once certain of the remaining security has been 
Jaguar intends to use the proceeds from the initial drawdown and any 
subsequent drawdowns from the Facility for working capital related to its 
Turmalina, Paciência or Caeté mining projects in Brazil. 
Regarding the initial draw down, Jaguar's President and CEO David Petroff 
said, "We are pleased to have the financial flexibility this draw down 
provides while we continue the implementation of our operational 
improvements. As we execute as planned, our preference will be to rely on 
internally generated funds to the greatest extent possible." 
About Jaguar 
Jaguar is a junior gold producer in Brazil with operations in a prolific 
greenstone belt in the state of Minas Gerais and is developing the Gurupi 
Project in Northern Brazil in the state of Maranhão. The Company is 
actively exploring and developing additional mineral resources at its 
approximate 220,000-hectare land base in Brazil. Additional information is 
available on the Company's website at: 
About Renvest Mercantile Bancorp 
Renvest Mercantile Bancorp, through its Cayman-based Global Resource Fund, 
provides financing for companies and projects in the natural resource sector. 
Loans are for terms of up to 24 months, typically in the form of a senior 
secured debenture and often as a convertible debenture. 
Company Contacts 
Roger Hendriksen Vice President, Investor Relations 603-410-4888 
Valéria Rezende DioDato Director of Communication 011-55-31-4042-1249 
SOURCE: Jaguar Mining Inc. 
To view this news release in HTML formatting, please use the following URL: 
CO: Jaguar Mining Inc.
-0- Jan/25/2013 22:31 GMT
Press spacebar to pause and continue. Press esc to stop.