Major Drilling Group International Inc. reports: The impact of COVID-19 is being felt around the world and as a company we are committed to playing a role in helping get through these difficult times. The health and well-being of our employees and their families, as well as the communities we operate in, is paramount and remains our top priority [...]
Denis Larocque, President & CEO, Major Drilling Group International Inc. , joined Michael Kousaie, Vice-President, Strategy and Product Innovation, Toronto Stock Exchange and TSX Venture Exchange, to open the market to celebrate 25 years listed on Toronto Stock Exchange. Major Drilling is a drilling services company primarily serving the mining [...]
Major Drilling Group International Inc. today reported results for its third quarter of fiscal year 2020, ended January 31, 2020. Highlights In millions of Canadian dollars Q3-20 Q3-19 YTD-20 YTD-19 Revenue $ 81.7 $ 80.4 $ 320.4 $ 284.4 Gross profit As percentage of revenue 14.4 17.6 % 15.6 19.4 % 79.1 24.7 % 68.0 23.9 % EBITDA As percentage of [...]
Major Drilling Group International Inc. today reported that it will release its third quarter results, ended January 31, 2020, on Thursday, February 27, 2020 after the markets have closed. Webcast/Conference Call Details Denis Larocque, President & Chief Executive Officer, and Ian Ross, Chief Financial Officer, invite you to participate in a [...]
Major Drilling Group International Inc. is pleased to announce the achievement of longest diamond drill hole in Canada at the Osisko Mining Inc. Discover 1 project. The final length of Discovery 1 was 3467 metres. Over the years, the Company has positioned itself as one of the largest specialized drilling operators in the world, by leveraging its [...]
Major Drilling Group International Inc. today reported results for its second quarter of fiscal year 2020, ended October 31, 2019. Highlights In millions of Canadian dollars Q2-20 Q2-19 YTD-20 YTD-19 Revenue $121.2 $105.5 $238.6 $204.0 Gross profit 34.0 28.9 64.7 52.3 As percentage of revenue 28.1% 27.4% 27.1% 25.7% EBITDA 20.5 15.6 38.4 25.7 As [...]
Major Drilling Group International Inc. today reported that it will release its second quarter results, ended October 31, 2019, on Wednesday, December 4, 2019 after the markets have closed. Webcast/Conference Call Details Denis Larocque, President & Chief Executive Officer, and Ian Ross, Chief Financial Officer, invite you to participate in a [...]
Major Drilling Group International Inc. is pleased to announce the closing of the previously announced acquisition of all of the issued and outstanding shares of privately-held Norex Drilling Limited , a family-owned drilling company and a leading exploration drilling contractor based in Timmins, Ontario, Canada. The transaction was completed by [...]
Major Drilling Group International Inc. is pleased to announce that it has entered into an agreement to acquire all of the issued and outstanding shares of Norex Drilling Limited , a family-owned drilling company and a leading exploration drilling contractor based in Timmins, Ontario, Canada. The purchase price for the acquisition is valued at an [...]
Major Drilling Group International Inc. is pleased to announce that all director nominees listed in the management proxy circular dated July 15, 2019 were elected as directors of Major Drilling in the course of the annual general meeting of shareholders of the Corporation held September 12, 2019 in Toronto, Ontario. Each of the eight director [...]
Major Drilling Group International Inc. today reported results for its first quarter of fiscal year 2020, ended July 31, 2019. Highlights In millions of Canadian dollars per share) Q1 2020 Q1 2019 Revenue $117.5 $98.5 Gross profit 30.7 23.4 As percentage of revenue 26.1 % 23.8 % EBITDA 18.0 10.1 As percentage of revenue 15.3 % 10.3 % Net earnings [...]
Major Drilling Group International Inc. today reported that it will release its first quarter results, ended July 31, 2019, on Monday, September 9, 2019 after the markets have closed. Webcast/Conference Call Details Denis Larocque, President & Chief Executive Officer, and Ian Ross, Chief Financial Officer, invite you to participate in a [...]