Posts by Major Drilling Group International Inc.:

Major Drilling Announces Second Quarter Results, Net Cash Position Improves by $18 Million

Based in Moncton, New Brunswick, Major Drilling Group International Inc. is one of the world's largest metals and minerals contract drilling service companies. To support its customers' varied exploration drilling requirements, Major Drilling maintains field operations and offices in Canada, the United States, South and Central America, Australia, Asia, and Africa.
Major Drilling Group International Inc. | December 4, 2013 | 8:44 pm

Major Drilling announces exercise of over-allotment option in connection with its public offering of common shares

Major Drilling Group International Inc. ("Major Drilling" or the "Corporation") (TSX: MDI) is pleased to announce that it has received a notice from the syndicate of underwriters led by TD Securities Inc. and including Scotia Capital Inc., CIBC World Markets Inc., RBC Dominion Securities Inc., Beacon Securities Limited., Jennings Capital Inc. and Salman Partners Inc. (the "Underwriters"), exercising the over-allotment option to purchase an additional 885,000 common shares of the Corporation at a price of $11.90 per common share for aggregate proceeds of $10,531,500 (the "Over-Allotment").
Major Drilling Group International Inc. | October 25, 2011 | 4:45 pm

Major Drilling announces closing of $70 million offering

Major Drilling Group International Inc. ("Major Drilling" or the "Corporation") (TSX: MDI) is pleased to announce that it has closed its prospectus offering of subscription receipts ("Subscription Receipts"). The Corporation issued a total of 5,900,000 Subscription Receipts at a price of $11.90 per Subscription Receipt for aggregate gross proceeds of $70,210,000 (the "Offering"). The Offering was underwritten by a syndicate of underwriters led by TD Securities Inc. that included Scotia Capital Inc., CIBC World Markets Inc., RBC Dominion Securities Inc., Beacon Securities Ltd., Jennings Capital Inc. and Salman Partners Inc. (collectively, the "Underwriters").
Major Drilling Group International Inc. | September 28, 2011 | 3:32 pm

Major Drilling announces the acquisition of Bradley Group, a $70 million public equity offering and new enhanced credit facilities

Moncton, NB - September 8, 2011 - Major Drilling Group International Inc. ("Major Drilling" or the "Corporation") (TSX: MDI) is pleased to announce that it has entered into an agreement to acquire all of the issued and outstanding shares of Bradley Group Limited ("Bradley Group") (the "Acquisition"), a family-owned drilling company based in Rouyn Noranda, Quebec (Canada), for an aggregate purchase price of $80 million (the "Purchase Price"), subject to adjustments and subject to certain customary closing conditions.
Major Drilling Group International Inc. | September 8, 2011 | 9:39 pm