TORONTO, Jan. 10, 2024 (GLOBE NEWSWIRE) — Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that it has acquired, through its insurance company subsidiaries, 500,000 common shares (the “Common Shares”) of Orla Mining Ltd. (TSX: OLA) (“Orla”) at a price of $4.20 per Common Share for an aggregate purchase price of approximately $2,100,000 through the facilities of the Toronto Stock Exchange (the “Share Purchase”).
The Share Purchase represents approximately 0.16% of the issued and outstanding Common Shares of Orla and brings Fairfax’s total holdings, through its insurance subsidiaries, of such securities to 40,367,191 Common Shares (or approximately 12.84% of all Common Shares).
Immediately prior to the Share Purchase, Fairfax, through its insurance company subsidiaries, beneficially owned and controlled 39,867,191 Common Shares, representing approximately 12.68% of the issued and…
