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Pre-Market: Jaguar Off 3% in U.S. As Announces CEO Departure

Shares of Jaguar Mining Inc. ( JAG ) were down 3% in U.S. pre-market trading today after announcing late Tuesday that Daniel Titcomb will be leaving his role as President and Chief Executive Officer of the Company effective today.

On an interim basis, the Chairman of the Board of Directors, Gary E. German, together with two other Jaguar directors, Gil Clausen and John Andrews, will form a newly-created Office of the Chairman to fulfil the duties of the Chief Executive Officer. These directors also constitute a Special Committee of the Board charged with oversight of the company's strategic process announced in November.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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