Geodrill Ltd. announced the Company has been awarded a significant drilling contract with Centamin PLC at their Sukari Gold Mine, a low cost, bulk tonnage open pit and high grade underground gold mining operation in Egypt. The five-year contract, the largest in Geodrill's history, is for a minimum 90,000 meters of underground drilling per year [...]
Geodrill Ltd. announces the Company has been awarded significant multi-rig long-term drilling contracts with Perseus Mining Ltd.. The contracts with Perseus are for exploration drilling in Ghana and Côte d'Ivoire and to be completed by August 2023 utilizing up to 15 drill rigs from the Company's existing fleet. The contracts are expected to [...]
Awalé Resources Ltd. is pleased to announce that it has received Exchange approval and has issued 218,249 payment shares at an effective price of around C$0.23 in settlement of C$49,673.27 in drilling services pursuant to the Memorandum of Understanding with Geodrill Limited as originally announced April 12, 2021. Pursuant to the MoU's, US$1 [...]
Geodrill Ltd. reported its financial results for the three month and nine month periods ended September 30, 2021. Geodrill's financial statements are prepared in accordance with International Financial Reporting Standards. Financial Overview Q3-2021: Generated revenue of $27.2M an increase of 44% compared to Q3-2020; Achieved EBITDA of $4.7M or 17 [...]
Geodrill Ltd. announces the Company will release its financial results for the three and nine months ended September 30, 2021, prior to the market open on November 11, 2021. Following the release, management of the Company will host a conference call at 10:00 am ET to discuss the financial results. You can join the call by dialing 1888 664 6392 or [...]
Geodrill Ltd. reported its financial results for the three month and six month periods ended June 30, 2021. All figures are reported in USD, unless otherwise indicated. Geodrill's financial statements are prepared in accordance with International Financial Reporting Standards. Financial Overview Q2-2021: Generated revenue of $30.6M an increase of [...]
Awalé Resources Ltd. is pleased to announce that it has received Exchange approval and has issued 1,121,270 payment shares in settlement of C$81,250.27 in drilling services pursuant to the Memorandum of Understanding with Geodrill Limited, as announced April 12, 2021. Pursuant to the MoU's, US$1 million drilling for equity program, Awalé has the [...]
Geodrill Ltd. , a leading West African based drilling company announces the Company will release its financial results for the three and six months ended June 30, 2021, prior to the market open on Thursday August 12, 2021. Following the release, management of the Company will host a conference call at 10:00 am EDT to discuss the financial results [...]
Awalé Resources Ltd. is pleased to announce that it has received Exchange approval and has issued 2,223,016 payment shares in settlement of $179,689.75 in drilling services pursuant to the Memorandum of Understanding with Geodrill Limited as announced April 12, 2021. Pursuant to the MoU's, US$1 million drilling for equity program, Awalé has the [...]
Geodrill Ltd. announced today that the Toronto Stock Exchange has accepted its notice of intention to renew its normal course issuer bid to purchase outstanding ordinary shares of the Company on the open market in accordance with the rules of the TSX. Any such purchases will occur from time to time and in aggregate will be up to 2,250,820 Ordinary [...]
Geodrill Ltd. announced the voting results of its Annual and Special Meeting of Shareholders held on May 12, 2021. The nominees listed in the management information circular dated April 12, 2021 were elected as directors of the Company at the Meeting. Detailed results of the vote are set out below: Director Outcome of Vote Yes No Abstain Dave [...]
Geodrill Ltd. reported its financial results for the three month period ended March 31, 2021. All figures are reported in USD, unless otherwise indicated. Geodrill's financial statements are prepared in accordance with International Financial Reporting Standards. Financial Overview Q1-2021: Generated record revenue of $30.7M an increase of 70 [...]