Fairfax Financial Holdings buying at Orla Mining (OLA)

Fairfax Financial Holdings buying at Orla Mining (T:OLA)

Fairfax Financial Holdings Limited, a 10% Holder, acquired 509,600 Common Shares on an indirect ownership basis for registered holder Allied World Insurance Company, 364,003 Common Shares on an indirect ownership basis for registered holder Allied World Specialty Insurance Company and 145,597 Common Shares on an indirect ownership basis for registered holder Allied World Surplus Lines Insurance Company at prices ranging from $4.660 to $4.750 on February 20th, 2024. This represents a $4,806,200 investment into the company's shares and an account share holdings change of 2.0%.

Orla Mining is in the Gold Sub Industry Group under the Basic Materials Sector.

Orla Mining Ltd. is a Canada-based gold exploration company. The Company has three material gold projects: Camino Rojo, located in Zacatecas State, Mexico; South Railroad, located in Nevada, United States, and Cerro Quema, located in Los Santos Province, Panama. The Company is operating the Camino Rojo Oxide Gold Mine, a gold and silver open-pit and heap leach mine. The property is 100% owned by the Company and covers over 160,000 hectares (ha), which contains a large oxide and sulfide mineral resource. It also owns 100% of the South Railroad Project, a feasibility-stage, open pit, heap leach gold project located on the Carlin trend in Nevada. South Railroad Project has over 21,000 ha land package. The Company also owns 100% of Cerro Quema located in Panama, which includes a pre-feasibility-stage, open-pit, heap leach gold project, a copper-gold sulfide resource, and various exploration targets. The Cerro Quema project covers approximately 15,000 ha.