Brief: Jaguar signs earn-in agreement to sell Gurupi project to Avanco resources

Jaguar Mining

04/10/2016 23:00

Oct 4 (Reuters) - Jaguar  JAG.TO  
    * Signs earn-in agreement to sell Gurupi project to Avanco 
resources 
    * Agreement provides Avanco with right to earn 20 percent of 
Jaguar's interest in project 
    * Agreement provides Avanco will pay an cash fee of US$1.7 
million plus an additional fee of $500,000 in cash or shares of 
Avanco 
    * Says pursuant to agreement Avanco may earn up to a 100 
percent interest in Gurupi project 
 
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