Fairfax Financial Holdings buying more Orla Mining (OLA)

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

Fairfax Financial Holdings Limited, a 10% Holder, acquired 125,000 Common Shares on an indirect ownership basis for registered holder Odyssey Reinsurance Company at a price of $4.400 on February 28th, 2024. The insider also acquired 125,000 Common Shares on an indirect ownership basis for registered holder United States Fire Insurance Company at a price of $4.400 on February 28th, 2024. This represents a $1,100,000 investment into the company's shares and an account share holdings change of 0.5%.

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.