09:57 AM EST - Mosaic Capital Corporation : Announced Thursday the closing of its previously announced private placement to Fairfax Financial Holdings Limited and certain of its subsidiaries of: (i) $100 million aggregate principal amount of 6% senior preferred securities (ii) $50 million aggregate principal amount of 5% senior secured debentures; and (iii) common share purchase warrants entitling Fairfax to acquire up to 17,026,106 common shares of Mosaic at a price of $8.81 per common share until January 26, 2024. Mosaic Capital Corporation
shares V.M are trading up $0.07 at $9.80.
