19:38:09 EDT Mon 17 Jun 2024
Enter Symbol
or Name
USA
CA



Orbit Garant Drilling Inc
Symbol OGD
Shares Issued 37,372,756
Close 2024-05-07 C$ 0.63
Market Cap C$ 23,544,836
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Orbit Garant appoints Page as director

2024-05-08 19:54 ET - News Release

Mr. Bruce Wigle reports

ORBIT GARANT ANNOUNCES APPOINTMENT OF ANDRE PAGE TO BOARD OF DIRECTORS

Orbit Garant Drilling Inc. has appointed Andre Page to its board of directors, effective immediately. Mr. Page will also serve as a member of the audit and corporate governance and compensation committees. With Mr. Page's appointment, Orbit Garant's board of directors now consists of six members.

Mr. Page has more than 30 years of experience in capital markets, including senior roles in institutional sales. He was formerly managing director with Desjardins Capital Markets, a division of Desjardins Group, the largest co-operative financial group in North America and the fifth-largest co-operative financial group in the world. Mr. Page was with Desjardins Capital Markets from 2007 until his retirement in November, 2023. Prior thereto, he was a managing director for institutional sales at BMO Capital Markets (1998 to 2006).

"We are delighted to welcome Andre to our board," said Jean-Yves Laliberte, chair of Orbit Garant's board. "His extensive capital markets experience will be beneficial as Orbit Garant continues to advance its growth objectives and focus on building value for shareholders."

Effective May 8, 2024, Mr. Page has been granted stock options to acquire 75,000 common shares in the capital of Orbit Garant at an exercise price of 63 cents per share, the closing price of the company's common shares on May 7, 2024.

About Orbit Garant Drilling Inc.

Headquartered in Val d'Or, Que., Orbit Garant is one of the largest Canadian-based mineral drilling companies, providing both underground and surface drilling services in Canada and internationally through its 203 drill rigs and approximately 1,000 employees. Orbit Garant provides services to major, intermediate and junior mining companies, through each stage of mining exploration, development and production. The company also provides geotechnical drilling services to mining or mineral exploration companies, engineering and environmental consultant firms, and government agencies.

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