TULSA, OKLAHOMA--(Marketwire - Feb. 12, 2013) - Magnolia Capital Partners, LLC ("Magnolia") today acquired 460,000 ordinary shares ("Ordinary Shares") in the capital of Atlas Financial Holdings, Inc. (TSX VENTURE:AFH)(NASDAQ:AFH) ("Atlas") at a price of US$5.85 per Ordinary Share pursuant to an underwritten public offering (the "Acquisition").