Orbit Garant Drilling Inc. today announced the results of voting at its annual meeting of shareholders held earlier today in Val-d'Or. 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 election are set out below: Director Nominees Éric Alexandre 28,548,021 7,100 99.98% 0.02% Pierre Alexandre 28,548,021 [...]
Orbit Garant Drilling Inc. today announced its financial results for the three-month period ended September 30, 2020. Q1 FY2021 Financial Highlights Three months ended September 30, 2020 Three months ended September 30, 2019 Revenue $35.6 $43.3 Gross Profit $8.7 $6.9 Gross Margin 24.6 16.0 Adjusted Gross Margin 31.3 21.3 EBITDA $8.4 $5.1 Net earnings $3.5 $1.1 Net earnings per share - Basic and diluted $0.09 $0.03 Total [...]
Orbit Garant Drilling Inc. will release its fiscal 2021 first quarter financial results after market close on Wednesday, November 11, 2020. Eric Alexandre, President and CEO, and Alain Laplante, Vice President and CFO, will host a conference call for analysts and investors on Thursday, November 12, 2020 at 10:00 a.m. The dial-in numbers for the conference call are 416-764-8688 or 1-888-390-0546. A live webcast of the call [...]
Orbit Garant Drilling today announced its financial results for the three-month period and year ended June 30, 2020. All dollar amounts are in Canadian dollars 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. On March 11, 2020, the World Health Organization declared the COVID-19 outbreak to be a [...]
Orbit Garant Drilling Inc. will release its fiscal 2020 fourth quarter and year-end financial results after market close on Monday, September 28, 2020. Eric Alexandre, President and CEO, and Alain Laplante, Vice President and CFO, will host a conference call for analysts and investors on Tuesday, September 29, 2020 at 10:00 a.m. The dial-in numbers for the conference call are 416-764-8688 or 1-888-390-0546. A live webcast [...]
Orbit Garant Drilling Inc. is pleased to announce that Nicole Veilleux has been appointed to its Board of Directors, effective immediately. Ms. Veilleux was also appointed Chair of the Audit Committee and will serve as a member of the Corporate Governance and Compensation Committee. With Ms. Veilleux's appointment, Orbit Garant's Board of Directors now has six members. Ms. Veilleux is a Chartered Professional Accountant [...]
Orbit Garant Drilling today announced its financial results for the three months and nine-month periods ended March 31, 2020. All dollar amounts are in Canadian dollars 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. Financial Highlights Three months ended March 31, 2020 Three months ended March 31 [...]
Orbit Garant Drilling will release its fiscal 2020 third quarter financial results after market close on Monday, June 15, 2020. Eric Alexandre, President and CEO, and Alain Laplante, Vice President and CFO, will host a conference call for analysts and investors on Tuesday, June 16, 2020 at 10:00 a.m. The dial-in numbers for the conference call are 416-764-8688 or 1-888-390-0546. A live webcast of the call will be [...]
Orbit Garant Drilling Inc. today announced the retirement of Paul Carmel from the Company's Board of Directors, and the appointment of Jean-Yves Laliberté as Chair of the Board of Directors, effective June 30, 2020. Orbit Garant also announced the appointment of Pierre Rougeau to its Board of Directors, effective immediately. Mr. Laliberté has been a member of Orbit Garant's Board of Directors since its initial public [...]
Orbit Garant Drilling Inc. today announced that the filing of its interim financial statements and associated management's discussion and analysis for the three and nine-month periods ended March 31, 2020 will be postponed. On March 18, 2020, the Canadian Securities Administrators announced that they will provide issuers with a 45-day filing extension for filings required on or before June 1, 2020 as a result of the [...]
Orbit Garant Drilling Inc. today provided an update on the impact of the COVID-19 crisis on its operations. As a result of the Quebec provincial government's order to minimize non-essential business activities in the province until at least April 13, 2020, the Company's drilling operations in Quebec have been suspended until further notice. Orbit Garant's international drilling operations have been significantly reduced [...]
Orbit Garant Drilling Inc. today announced its financial results for the three and six-month periods ended December 31, 2019. All dollar amounts are in Canadian dollars 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. Financial Highlights Three months ended December 31, 2019 Three months ended [...]
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