Orla Mining Releases Pro Forma Financials Reflecting Acquisition of Musselwhite Mine

Reuters
昨天
Orla Mining Releases Pro Forma Financials Reflecting Acquisition of Musselwhite Mine

Orla Mining Ltd. has released its unaudited pro forma combined financial statements for the year ended December 31, 2024. These statements reflect the acquisition of the Musselwhite Mine, previously owned by Newmont Corporation. The acquisition, finalized on February 28, 2025, involved Orla acquiring all outstanding shares of a newly created subsidiary of Newmont that holds a 100% interest in the Musselwhite Mine, located in northern Ontario. The pro forma financials illustrate the impact of this transaction as if it had occurred on January 1, 2024, showcasing a combined revenue of $859.9 million and cost of sales operating costs amounting to $316.2 million. This strategic move is expected to significantly bolster Orla's mining portfolio.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Orla Mining Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-047969), on May 14, 2025, and is solely responsible for the information contained therein.

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