Val-d’Or, Quebec, January 28, 2015 – – 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 …
ORBIT GARANT AMENDS AND EXTENDS CREDIT FACILITY WITH NATIONAL BANK OF CANADA
Val-d’Or, Quebec, December 22, 2014 – – 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 …
ORBIT GARANT DRILLING ANNOUNCES CHANGES TO BOARD OF DIRECTORS
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 …
ORBIT GARANT DRILLING ANNOUNCES RESULTS OF VOTING AT ANNUAL MEETING
Val-d’Or, Quebec, December 4, 2014 – Orbit Garant Drilling Inc. (TSX: OGD) (“Orbit Garant” or the “Company”) today announced the results of voting at its annual general meeting of shareholders (the “Meeting”) 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 …
ORBIT GARANT DRILLING REPORTS FISCAL 2015 FIRST QUARTER FINANCIAL RESULTS
Val-d’Or, Quebec, November 13, 2014 – 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 …
ORBIT GARANT FISCAL 2015 FIRST QUARTER RESULTS CONFERENCE CALL AND WEBCAST
Val-d’Or, Quebec, October 28, 2014 – 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 …
ORBIT GARANT DRILLING REPORTS FISCAL 2014 FOURTH QUARTER AND YEAR-END FINANCIAL RESULTS
Val-d’Or, Quebec, September 23, 2014 – 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 …
ORBIT GARANT FISCAL 2014 FOURTH QUARTER AND YEAR-END RESULTS CONFERENCE CALL AND WEBCAST
Val-d’Or, Quebec, September 11, 2014 – 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 …
ORBIT GARANT DRILLING REPORTS FISCAL 2014 THIRD QUARTER RESULTS
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 …