Jaguar Mining Enterprises Clarifies Management Transition

Jaguar Mining Enterprises, Inc. (PINKSHEETS: JAGR) reported that the recent change in management was necessitated by the need to have hands-on expertise at the mining locale, while maintaining administrative functions in the U.S.

The press release is quoted as saying:

Jaguar Mining Enterprises, Inc. is an independent mining company engaged in the acquisition, development, and exploitation of iron ore primarily mined in Mexico.

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