Val-d’Or, Quebec, December 8, 2014 – 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 companies, investment banks and private equity firms focused on the mining industry. His most recent positions have been President, CEO and Director of Richmont Mines, Managing Director and Head of Mining at Desjardins Capital Markets and President of MinQuest Capital, a mining private equity fund. Mr. Carmel holds a Bachelor of Engineering, Mining degree from McGill University.
“We are pleased to welcome Paul Carmel to the Company’s Board of Directors,” said Guthrie Stewart, Chairman of Orbit Garant. “Paul’s in-depth knowledge of the mining industry and extensive capital markets experience further strengthens our Board. We look forward to his involvement as we move forward in supporting the continued development of Orbit Garant as a leading international mineral drilling services company.”
Mr. Carmel replaces Patrick Godin, who is retiring from the Board after six years to concentrate on his operational role bringing the Renard mine of the Stornoway Diamond Corporation into production. “Patrick has been deeply involved in the development of Orbit Garant since our IPO,” said Mr. Stewart. “We thank him for his guidance and many important contributions to the Company over the years. We wish him well in his future endeavors.”
About Orbit Garant
Headquartered in Val-d’Or, Quebec, 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 214 drill rigs and approximately 600 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. For more information please visit the Company’s website at www.orbitgarant.com.
For further information
Alain Laplante
Vice-President and Chief Financial Officer
(819) 824-2707 ext. 122
Bruce Wigle
Investor Relations
(647) 496-7856