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Exchange Bulletin

Jaguar Mining Inc. (JAG, JAG.DB.U) To Trade On Toronto Stock Exchange

August 2, 2016

Issuer: Jaguar Mining Inc. (the "Company")

SecuritySymbolCUSIPIssued and Outstanding SecuritiesReserved SecuritiesTrading Currency
Common Shares JAG 47009M 40 0 111,136,038 217,627,771 common shares CDN$
12.00% Convertible Senior Secured Debenture (the "Debentures") JAG.DB.U 47009M AN 3 US$21,500,000 principal amount of Debentures None US$
Listing category: Mining, Non-Exempt
Listed and posted for trading date: August 3, 2016 (at the opening)
Other market(s): The common shares have been listed on TSX Venture Exchange ("TSXV") since May 1, 2014 under the symbol "JAG". The common shares will be delisted from TSXV on August 3, 2016, upon commencement of trading on Toronto Stock Exchange.
Temporary Market Maker: W.D. Latimer Co. Ltd.
Investor Relations: Joanne C. Jobin
(416) 628-9601 ext. 303

- and -

Hashim Ahmed
(416) 628-9601 
Incorporation: Business Corporations Act (Ontario)
Fiscal year end: December 31
Nature of business: The Company is engaged in the acquisition, exploration, development and operation of gold producing properties in Brazil.
Security ownership registration: Common shares – Non-certificated inventory Debentures - Book entry only
Transfer agent and registrar: Common shares – Computershare Investor Services Inc. at its principal office in Toronto Debentures - Computershare Trust Company of Canada at its principal office in Toronto
Dividends: None anticipated in the foreseeable future.
Sponsorship: Not applicable

Principal terms of the Debentures

Trading rules: The Debentures will be quoted and traded on Toronto Stock Exchange ("TSX") in US funds and trading information regarding these Debentures will appear under the heading "Trading in US Funds" in the TSX Daily Record and the TSX Monthly Review. The Debentures will be quoted and traded on an accrued interest basis, i.e. all bids, offers and trades of the Debentures will reflect only the capital portion of the Debentures and will not reflect accrued interest. Accrued interest must be reflected in the seller's and buyer's settlement amount, and must be reflected on the confirmation with clients. The Debentures, which are issuable in the minimum principal amount of US$1,000 each, will be quoted based on US$100 principal amounts with all trades being made in multiples of US$1,000. The minimum trading unit of Debentures is US$1,000 and a board lot of Debentures is US$1,000.
Maturity Date: October 27, 2018
Interest payment dates: Quarterly payments in arrears on March 31, June 30, September 30 and December 31.
Interest rate: 12% per annum. Interest will be computed on the basis of a 365-day year.
Next interest payment date: September 30, 2016
Next interest payment amount: US$30 for each US$1,000 principal amount of Debentures, which will include interest accrued from and including June 30, 2016, to but excluding, September 30, 2016.
Conversion: At the option of the holder, at any time prior to the close of business (Toronto, Ontario time) on the earlier of: (a) the Business Day immediately preceding the Maturity Date; or (b) if called for redemption, the last Business Day immediately preceding the date specified by the company for redemption of the Debentures. The conversion price is C$0.15 per common share, being a conversion rate of approximately 8,781 common shares for each US$1,000 principal amount of Debentures based on a US/CDN dollar exchange rate of US$0.7592 per C$1.00. No adjustment will be made to the Conversion Price based on fluctuations in the US$/CDN$ exchange rate.
Additional Information: Trust indenture dated October 27, 2015 which is available at Capitalized terms not otherwise defined herein are as defined in the trust indenture.
TSX contact: Martine Valcin, Listed Issuer Services, Toronto Stock Exchange.