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0 0 0 0.024793388429752 0.024793388429752 0.024793388429752 0.00267217630853996 -0.0385674931129477
Stock impact report

Fairfax Announces Acquisition of Additional Orla Shares

Orla Mining Ltd. Common Shares (ORLA) 
Company Research Source: GlobeNewswire
TORONTO, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that it has acquired, through its insurance company subsidiaries, 800,000 common shares (the “Common Shares”) of Orla Mining Ltd. (TSX: OLA) (“Orla”) at an average price of $4.88 per Common Share, for an aggregate purchase price of approximately $3,903,000 through the facilities of the Toronto Stock Exchange (the “Share Purchase”). The Share Purchase represents approximately 0.25% of the issued and outstanding Common Shares of Orla and brings Fairfax’s total holdings, through its insurance subsidiaries, of such securities to 55,405,229 Common Shares (or approximately 17.58% of all Common Shares). Immediately prior to the Share Purchase, Fairfax, through its insurance company subsidiaries, beneficially owned and controlled 54,605,229 Common Shares, representing approximately 17.33% of the issued and outstanding Common Shares of Orla. The Common Shares were acqui Show less Read more
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