Jaguar Uranium Corp. completed an initial public offering (IPO) of 6.25 million Class A common shares at a price of $4.00 per share, generating $25 million in gross proceeds. The offering formally closed on February 11, 2026.
The company, which explores for uranium in South America, said the funds will be used across its portfolio of three uranium exploration projects located in Argentina and Colombia. Jaguar's stated allocation for net proceeds includes exploration work, development planning, property maintenance and general corporate purposes.
Chief Executive Officer Steven Gold commented on the raise, saying, "With this financing, Jaguar is now well positioned to further exploration at both of our projects, supported by strong historical technical knowledge, with the goal of bringing each project to an eventual production decision."
The Securities and Exchange Commission declared the companys registration statement effective on January 30, 2026, clearing the way for the offering to proceed. Titan Partners, a division of American Capital Partners, acted as the sole bookrunner for the transaction.
Jaguar emphasized that its uranium exploration properties are held in mining jurisdictions with established infrastructure. The company also disclosed that IsoEnergy (ISOU) participated in the offering as a strategic investor, alongside other investors focused on critical minerals.
According to the company's press release, the proceeds are intended to support Jaguar's exploration program over the next two years as it works to establish resource levels at its Argentine and Colombian properties.
Key points
- Jaguar completed an IPO of 6.25 million Class A common shares at $4.00 per share, raising $25 million in gross proceeds - impacting the mining and critical minerals sectors.
- Proceeds will fund exploration, development planning, property maintenance and general corporate purposes across three uranium projects in Argentina and Colombia - relevant to exploration and energy-related markets.
- IsoEnergy (ISOU) participated as a strategic investor; Titan Partners served as sole bookrunner and the SEC declared the registration effective on January 30, 2026.
Risks and uncertainties
- The planned use of proceeds is subject to execution risk - exploration and development outcomes over the next two years are uncertain, affecting exploration and mining services sectors.
- Progress toward resource definition and any future production decisions depends on future technical results and planning - which poses uncertainty for capital markets and project finance participants.
- The involvement of strategic and critical-mineral-focused investors does not guarantee development timelines or outcomes - investor participation is factual but does not remove operational or market risks.
The companys announcement provides a clear near-term funding runway for its exploration activities, but the ultimate advancement toward production will depend on the results of planned programs and subsequent decisions by management and stakeholders.