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Jaguar Mining Announces Change to the Board of Directors __________________________________________________________________________________________

Management Changes

NEWS RELEASE

September 6, 2019 TSX: JAG

FOR IMMEDIATE RELEASE

Jaguar Mining Announces Change to the Board of Directors

__________________________________________________________________________________________

Toronto, September 6, 2019 – Jaguar Mining Inc. ("Jaguar" or th e "Company") (TSX: JAG) is pleased to

announce the appointment of Mr. Jeff Kennedy to the Board of Di rectors (the “Board”) as an independent non-

executive director and Chairman of the Audit Committee.

Thomas Weng, Chairman of the Board of the Company, commented, " On behalf of the Board, I would like to

welcome Jeff to the Jaguar team. Jeff’s financial expertise and experience in the capital markets sector will be an

asset to our Board."

The Company also announced the acceptance of Mr. Edward Reeser’s resignation as an independent director and

Chairman of the Audit Committee. On behalf of the Board, “I wou l d l i k e t o t h a n k M r . R e e s e r f o r h i s m a n y

contributions to Jaguar over the past 6 years and wish him succ ess on his future endeavors.” The appointments

are subject to regulatory approval.

Prior to joining the board, Mr. Jeff Kennedy served as the Managing Director Equity Capital Markets and Operations

at Cormark Securities Inc. With over 30 years of experience, M r. Kennedy also served as the CFO of Cormark

Securities Inc. where he was responsible for financial oversigh t, controls and governance of operations. Mr.

Kennedy is a Chartered Professio nal Accountant from the Institu te of Chartered Professional Accountants of

Ontario and completed his Bachelor of Commerce from McMaster University.

About Jaguar Mining Inc.

Jaguar Mining Inc. is a Canadian-listed junior gold mining, dev elopment, and exploration company operating in

Brazil with three gold mining complexes and a large land package with significant upside exploration potential from

mineral claims covering an area of approximately 64,000 hectares. The Company's principal operating assets are

located in the Iron Quadrangle, a prolific greenstone belt in t he state of Minas Gerais and include the Turmalina

Gold Mine Complex and Caeté Mining Complex (Pilar and Roça Gran de Mines, and Caeté Plant). The Company

also owns the Paciência Gold Mine Complex, which has been on care and maintenance since 2012 and the Roça

Grande Mine which has been on care and maintenance since April 2018. Additional information is available on the

Company's website at www.jaguarmining.com.

For further information please contact:

Vernon Baker

Chief Executive Officer

Jaguar Mining Inc.

[email protected]

416-847-1854

Hashim Ahmed

Chief Financial Officer

Jaguar Mining Inc.

[email protected]

416-847-1854