Jaguar Uranium (JAGU) Registration Filing summary

Company overview and business model

• Focuses on uranium exploration and development, with significant land holdings in Colombia and Argentina, including the Berlin Project (Colombia), Laguna Project, and Huemul Project (Argentina).

• Operates as a junior miner, aiming to build a larger uranium and rare earth element (REE) resource base through exploration and acquisition.

• Properties are located in mining-friendly jurisdictions with established infrastructure and government support.

• Business strategy includes permitting, metallurgy, confirmation drilling, pilot plant construction, and preliminary economic assessments for each property.

• Intends to seek additional uranium and critical metal assets across Latin America to expand its portfolio.

Financial performance and metrics

• No operating revenues to date; company is in the exploration stage and has a history of net losses.

• For the year ended December 31, 2024: total operating expenses were $7.34 million, with a net loss of $5.76 million.

• As of September 30, 2025: cash and cash equivalents were $305,616; mineral properties valued at $8.15 million; total assets $8.61 million; total liabilities $1.93 million; shareholders' equity $6.68 million.

• Ongoing operations have been financed by private placements and equity issuances.

• Accumulated deficit as of September 30, 2025: $9.69 million.

Use of proceeds and capital allocation

• Approximately 80% of net proceeds from the IPO will be allocated to exploration expenditures and property maintenance (40% to Berlin Project, 40% to Argentina Projects), with the remaining 20% for working capital and general corporate purposes.

• Proceeds are expected to fund capital requirements for the next 24 months, including exploration, workforce expansion, and general corporate activities.

• Management has broad discretion in reallocating proceeds based on market conditions and operational needs.