Jaguar Uranium (JAGU) Registration Filing summary

Company overview and business model

• Focuses on uranium exploration and development, holding significant land in Colombia and Argentina, with three main projects: Berlin (Colombia), Laguna, and Huemul (Argentina).

• Operates as a junior miner, aiming to build a larger uranium and rare earth element (REE) resource base and seeking further acquisitions in Latin America.

• Properties are in mining-friendly jurisdictions with established infrastructure, but no commercial production or revenue to date.

Financial performance and metrics

• No operating revenue; net loss of $5.76 million for the year ended December 31, 2024, and $1.5 million for the nine months ended September 30, 2025.

• Operating expenses for 2024 were $7.34 million, including $3.62 million in mineral property impairment and $1.5 million in exploration and evaluation expenditures.

• Cash and cash equivalents were $305,616 as of September 30, 2025; accumulated deficit was $9.69 million.

• Pro forma as-adjusted cash post-offering is expected to be $24.65 million, with shareholders' equity of $31.18 million.

Use of proceeds and capital allocation

• Net proceeds of approximately $25.1 million (or $29.2 million if the underwriter’s option is exercised in full) will fund exploration, development, and property maintenance for the Berlin and Argentina projects.

• Additional uses include general corporate purposes and evaluation of external growth targets; management has broad discretion over allocation.