Geodrill Ltd. , a leading West African based drilling company announces the Company's Annual and Special Meeting of Shareholders will be held at the Company's office at Ragnall House, 18 Peel Road, Douglas, Isle of Man, IM1 4LZ on Tuesday May 9, 2023, at 10:00am EST. The Company will only conduct the formal legal business at the Meeting and provide access via a teleconference. The Company requests that shareholders vote [...]
-Increased Annual Net Income by 34% and Increased Semi-Annual Dividend - Geodrill Ltd. , a leading West African based drilling company, reported its financial results for the three and twelve months ended December 31, 2022. All figures are reported in U.S. dollars , unless otherwise indicated. Geodrill's financial statements are prepared in accordance with International Financial Reporting Standards . Highlights for [...]
Geodrill Ltd. , a leading West African based drilling company, will release its financial results for the three and twelve month periods ended December 31, 2022, prior to the market open on Monday March 6, 2023. Following the release, management of the Company will host a conference call at 10:00 am EST to discuss the financial results. You can join the call by dialing 1-888-664-6392 or local 416-764-8659. To instantly [...]
-Continued Momentum Drives Record Third Quarter Performance- Geodrill Ltd. a leading West African based drilling company, reported its financial results for the three month and nine month period ended September 30, 2022. All figures are reported in U.S. dollars , unless otherwise indicated. Geodrill's financial statements are prepared in accordance with International Financial Reporting Standards . Financial Overview [...]
Geodrill Ltd. , a leading West African based drilling company, announces that the Company will release its financial results for the nine months ended September 30, 2022, prior to the market open on Friday November 11, 2022. Following the release, management of the Company will host a conference call at 10:00 am EST to discuss the financial results. You can join the call by dialing 1-888-664-6392 or local 416-764-8659. A [...]
Geodrill Ltd. , a leading West African based drilling company, today announced that the Board of Directors has declared a semi-annual dividend. The semi-annual dividend, in the amount of CAD$0.03 per share, is payable on October 21, 2022 to the shareholders of record at the close of business on October 7, 2022. This second semi-annual dividend for 2022 will result in a total of CAD$0.06 being returned to shareholders in [...]
TORONTO, Aug. 18, 2022 /CNW/ - Geodrill Ltd. , a leading West African based drilling company, announces that the Company has upgraded to trade shares on the OTCQX. Geodrill Ltd. begins trading today on OTCQX under the symbol "GEODF." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com. Upgrading to the OTCQX Market enables Geodrill to provide transparent [...]
-Strong Demand Fuels Record Revenue, EBITDA, and Shareholder Equity- Geodrill Ltd. , a leading West African based drilling company, reported its financial results for the three month and six month period ended June 30, 2022. All figures are reported in U.S. dollars , unless otherwise indicated. Geodrill's financial statements are prepared in accordance with International Financial Reporting Standards . Financial Overview [...]
Geodrill Ltd. , a leading West African based drilling company, announces that the Company will release its financial results for the six months ended June 30, 2022, prior to the market open on Monday August 8, 2022. 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 1-888-664-6392 or local 416-764-8659. A live audio [...]
Geodrill Ltd. 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 2,274,570 Ordinary Shares over a 12-month period commencing on June 7, 2022 and terminating on June 6, 2023. The New NCIB Program was approved [...]
Geodrill Ltd. announced the voting results of its Annual and Special Meeting of Shareholders held on May 9, 2022. The nominees listed in the management information circular dated April 4, 2022 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 Harper Carried 34,951,616 100% 0 0.00% 0 0.000% John Bingham Carried 26,699,601 [...]
Geodrill Ltd. reported its financial results for the three month period ended March 31, 2022. Geodrill's financial statements are prepared in accordance with International Financial Reporting Standards. Financial Overview Q1-2022: Generated record revenue of $33.4M an increase of $2.7M or 9% compared to Q1-2021; Delivered record net income of $6.0M or $0.13 per Ordinary Share; Achieved EBITDA of $10.4M or 31% of revenue [...]