Jaguar Mining Inc. ('Jaguar' or the 'Company') (TSX: JAG) is pleased to announce the voting results from its annual general meeting of shareholders held on June 2, 2023.

Election of Directors

Each of the nominees for election as directors listed in the Company's management information circular dated April 14, 2023 were elected as directors of the Company for the ensuing year or until their successors are elected or appointed.

About Jaguar Mining Inc.

Jaguar Mining Inc. is a Canadian-listed junior gold mining, development and exploration company operating in Brazil with three gold mining complexes and a large land package with significant upside exploration potential from mineral claims. The Company's principal operating assets are located in the Iron Quadrangle, a prolific greenstone belt in the state of Minas Gerais and include the Turmalina Gold Mine Complex and Caete Mining Complex (Pilar and Roca Grande Mines, and Caete Plant). The Company also owns the Paciencia Gold Mine Complex, which has been on care and maintenance since 2012. The Roca Grande Mine has been on temporary care and maintenance since April 2019. Additional information is available on the Company's website at www.jaguarmining.com.

Contact:

Vernon Baker

Chief Executive Officer

Jaguar Mining Inc.

Tel: 416-847-1854

Email: vernon.baker@jaguarmining.com

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