Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0.0152414732567404 0.0152414732567404 0.0589354100804482
Stock impact report

Orla Mining Announces Strategic Expansion into Canada with Acquisition of the Musselwhite Gold Mine [Yahoo! Finance]

Orla Mining Ltd. Common Shares (ORLA) 
Company Research Source: Yahoo! Finance
Orla to Become a Premier, North America-Focused, Multi-Asset, Low Cost, Producing Gold Company. VANCOUVER, BC Nov. 18, 2024 /CNW/ - Orla Mining Ltd . (TSX: OLA) (NYSE: ORLA) (" Orla " or the " Company ") is pleased to announce it has entered into a definitive agreement (the " Agreement ") to acquire the Musselwhite Gold Mine (" Musselwhite ") in Ontario from Newmont Corporation (" Newmont ") for upfront cash consideration of $810 million and gold-price linked contingent consideration of $40 million (the " Transaction The cash consideration will be financed through a combination of cash, existing undrawn debt capacity, new indebtedness, a gold pre-pay facility, and convertible notes led by Orla's existing cornerstone investors. There is no upfront equity dilution associated with the Transaction. The Transaction adds a second high quality, high margin producing asset to Orla's portfolio. The combination of the proven Musselwhite mine and Orla's low-cost Camino Rojo oxide operatio Show less Read more
Impact Snapshot
Event Time:
ORLA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for ORLA alerts
Opt-in for
ORLA alerts

from News Quantified
Opt-in for
ORLA alerts

from News Quantified