Sept 18 (Reuters) - Jaguar Mining Inc JAG.TO
* Jaguar signs accelerated earn-in agreement to divest Gurupi Project; plans to repay higher-cost Brazilian debt facility and improve working capital
* Agreement provides Avanco with right to earn 100% of co's interest in project by paying to co an aggregate cash payment of US$4 million
* Upon achieving clear title, access to project Jaguar to receive in aggregate an additional US$5 million of cash payments
* Majority of Avanco US$9 million in payments are expected to be paid to Jaguar in 2017 and 2018 fiscal years