Major Drilling Announces Results of Annual Meeting of Shareholders
September 12 2022 - 8:27AM
Major Drilling Group International Inc. (“Major Drilling” or the
“Company”) (TSX: MDI), a leading provider of specialized drilling
services to the mining sector, is pleased to announce that all
director nominees listed in the Management Information Circular
dated July 14, 2022 (the “Circular”) were elected as directors of
Major Drilling in the course of the virtual annual general meeting
of shareholders of the Corporation (the “Meeting”) held September
8, 2022. Shareholder participation was high, with the total
percentage of shares voted reaching over 81% (representing
67,080,895 common shares of the Corporation).
Each of the eight director nominees listed in
the Circular was elected by the holders of common shares of the
Corporation. The Corporation received the following proxy votes
from the holders of common shares with respect to the election of
the eight director nominees:
Director Nominee |
% For |
% Against |
Denis Larocque |
99.66 |
% |
0.34 |
% |
Janice G. Rennie |
97.45 |
% |
2.55 |
% |
Jo Mark Zurel |
83.54 |
% |
16.46 |
% |
Juliana L. Lam |
99.81 |
% |
0.19 |
% |
Kim Keating |
99.69 |
% |
0.31 |
% |
Louis-Pierre Gignac |
99.82 |
% |
0.18 |
% |
Robert Krcmarov |
99.99 |
% |
0.01 |
% |
Sybil Veenman |
99.44 |
% |
0.56 |
% |
The Board’s approach to executive compensation
received 83% approval, and the appointment of Deloitte LLP as
independent auditors of the Corporation received 79% approval. The
formal report on voting results with respect to all matters voted
upon during the Meeting will be available on SEDAR under Major
Drilling’s profile at www.sedar.com.
About Major Drilling
Major Drilling Group International Inc. is one
of the world’s largest drilling services companies primarily
serving the mining industry. Established in 1980, Major Drilling
has over 1,000 years of combined experience and expertise within
its management team alone. The Company maintains field operations
and offices in Canada, the United States, Mexico, South America,
Asia, Africa, and Australia. Major Drilling provides a complete
suite of drilling services including surface and underground
coring, directional, reverse circulation, sonic, geotechnical,
environmental, water-well, coal-bed methane, shallow gas,
underground percussive/longhole drilling, surface drill and blast,
and a variety of mine services.
For further information:Ian
Ross, Chief Financial OfficerTel: (506) 857-8636Fax: (506)
857-9211ir@majordrilling.com
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