Major Drilling Special Meeting of Shareholders
MONCTON, NB, Feb. 17 /CNW/ --
MONCTON, NB, Feb. 17 /CNW/ - Major Drilling Group International Inc.
would like to remind its shareholders and other interested parties of
its Special Meeting of Shareholders scheduled for March 9, 2011 at 4:00
pm, at the Toronto Board of Trade, 1 First Canadian Place, Suite 350,
77 Adelaide Street West, Toronto, Ontario.
Items for discussion at the meeting include a proposed three for one
subdivision of the company's common shares, as well as certain by-law
amendments to bring the company's by-laws into line with best corporate
governance practices. These items are more fully described in the
company's Management Proxy Circular dated February 7, 2011 and filed on
SEDAR. Only shareholders of record as of the record date (February 7,
2011) will be entitled to vote at the meeting.
Subsequent to the formal meeting representatives of the Board of
Directors will be giving a presentation and engaging interested
shareholders in discussions regarding the company's 'say on pay'
initiative.
Based in Moncton, New Brunswick, Major Drilling Group International Inc.
is one of the world's largest metals and minerals contract drilling
service companies. To support its customers' mining operations, mineral
exploration and environmental activities, Major Drilling maintains
operations in Canada, the United States, South and Central America,
Australia, Asia, and Africa.
To view this news release in HTML formatting, please use the following URL: http://www.cnw.ca/en/releases/archive/February2011/17/c3804.html
Denis Larocque, Chief Financial Officer
Tel: (506) 857-8636
Fax: (506) 857-9211
ir@majordrilling.com