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Jaguar Mining Announces Voting Results for its Annual General Meeting of Shareholders __________________________________________________________________________________________

Shareholder Meetings

1

JAGUAR MINING INC.

First Canadian Place, 100 King Street West, 56th Floor, Toronto, Ontario, Canada M5X 1C9 T: 416-847-1854

NEWS RELEASE

June 2, 2023 TSX: JAG

FOR IMMEDIATE RELEASE OTCQX:JAGGF

Jaguar Mining Announces Voting Results for its

Annual General Meeting of Shareholders

__________________________________________________________________________________________

Toronto, June 2, 2023 – 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.

The voting results for the election of directors were as follows:

Nominee Votes For % For Votes Withheld % Withheld

William J. Kennedy 43,573,209 98.407% 705,411 1.593%

Benjamin Guenther 40,287,514 90.986% 3,991,106 9.014%

Luis Ricardo

Miraglia

43,576,795 98.415% 701,825 1.585%

Thomas Weng 38,238,267 86.358% 6,040,353 13.642%

John Ellis 40,224,305 90.844% 4,054,315 9.156%

Shastri Ramnath 43,572,150 98.404% 706,470 1.596%

Mary-Lynn Oke 43,592,560 98.451% 686,060 1.549%

Other Items

Appointment of Auditors

The voting results for the appointment of the auditors of the Company, as well as authorizing the directors to fix the

auditors’ remuneration and the terms of their engagement, were as follows:

Votes For % For Votes Withheld % Withheld

46,411,315 98.139% 880,117 1.861%

Voting results for all resolutions can also be found under Jaguar’s profile at www.sedar.com.

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JAGUAR MINING INC.

First Canadian Place, 100 King Street West, 56th Floor, Toronto, Ontario, Canada M5X 1C9 T: 416-847-1854

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 Caeté Mining Complex (Pilar

and Roça Grande Mines, and Caeté Plant). The Company also owns the Paciência Gold Mine Complex, which has

been on care and maintenance since 2012. The Roça 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.

For further information please contact:

Vernon Baker

Chief Executive Officer

Jaguar Mining Inc.

[email protected]

416-847-1854