Orbit Garant Drilling Inc.

VAL-D'OR, QC, Jan. 28, 2015  /CNW/ - Orbit Garant Drilling Inc. (TSX: OGD) will release its fiscal 2015 second quarter financial results after market close on Wednesday, February 11, 2015. Eric Alexandre, President and CEO, and Alain Laplante, Vice President and CFO, will host a conference call for analysts and investors on Thursday, February 12, 2015 at 10:00 a.m. (ET). The dial-in numbers for the conference call are [...]

VAL-D'OR, QC, Dec. 22, 2014 /CNW/ - Orbit Garant Drilling Inc. (TSX: OGD) ("Orbit Garant" or the "Company") today announced that it has reached an agreement with National Bank of Canada on an  amended and restated secured revolving credit facility (the "Credit Facility"). Under the terms of the Credit Facility, the maximum amount available to Orbit Garant is $25 million. The term of the Credit Facility is three years [...]

VAL-D'OR, QC, Dec. 8, 2014 /CNW/ - Orbit Garant Drilling Inc. (TSX: OGD) ("Orbit Garant" or the "Company") today announced the appointment of Paul Carmel to the Company's Board of Directors, effective immediately. Mr. Carmel is a mining engineer with more than 25 years of experience in industry and capital markets.  Over the course of his career, Mr. Carmel has held senior management and board positions at mining [...]

Orbit Garant Drilling today announced the results of voting at its annual general meeting of shareholders held earlier today in Montreal. All of the nominees listed in the management information circular prepared in connection with the Meeting were elected as directors of the Company. Detailed results of the votes by proxy are set out below: Director Nominees ...

VAL-D'OR, QC, Nov. 13, 2014 /CNW/ - Orbit Garant Drilling Inc. (TSX: OGD) ("Orbit Garant" or the "Company") today announced its financial results for the three-month period ended September 30, 2014. All dollar amounts are in Canadian currency unless otherwise stated. Percentage calculations are based on numbers in the financial statements and may not correspond to rounded figures presented in this news release. First [...]

VAL-D'OR, QC, Oct. 28, 2014 /CNW/ - Orbit Garant Drilling Inc. (TSX: OGD) will release its fiscal 2015 first quarter financial results prior to market open on Thursday, November 13, 2014. Eric Alexandre, President and CEO, and Alain Laplante, Vice President and CFO, will host a conference call for analysts and investors at 10:00 a.m. (ET) the same morning, following the release of the Company's financial results. The [...]

VAL-D'OR, QC, Sept. 23, 2014 /CNW/ - Orbit Garant Drilling Inc. (TSX: OGD) ("Orbit Garant" or the "Company") today announced its financial results for the fourth quarter and fiscal year ended ended June 30, 2014. All dollar amounts are in Canadian currency unless otherwise stated. Percentage calculations are based on numbers in the financial statements and may not correspond to rounded figures presented in this news [...]

VAL-D'OR, QC, Sept. 11, 2014 /CNW/ - Orbit Garant Drilling Inc. (TSX: OGD) will release its fiscal 2014 fourth quarter and year-end financial results prior to market open on Tuesday, September 23, 2014. Eric Alexandre, President and CEO, and Alain Laplante, Vice President and CFO, will host a conference call for analysts and investors at 10:00 a.m. (ET) the same morning, following the release of the Company's financial [...]

VAL-D'OR, QC, June 26, 2014 /CNW/ - Orbit Garant Drilling Inc. (TSX: OGD) ("Orbit Garant" or the "Company") deeply regrets to report the death of an employee late yesterday afternoon at a drilling site in Matheson, Ontario. The employee was struck by a tree, which fatally injured him. No one else was injured as a result of the incident. The immediate thoughts of management are with the family, friends and co-workers of [...]

Revenue was $16.0 million in the third quarter of fiscal 2014 ("Q3 FY2014"), compared to $23.7 million in the third quarter of fiscal 2013 ("Q3 FY2013") Gross margin of (6.7%) compared to 14.5% in Q3 FY2013 Adjusted gross margin (excluding depreciation expense) was 7.9%, compared to 25.3% in Q3 FY2013 EBITDA of $(1.1) million compared to $2.9 million in Q3 FY2013 Net loss of $2.9 million, or $(0.09) per share (basic [...]