MONCTON, New Brunswick, Sept. 12, 2022 (GLOBE NEWSWIRE) -- Major Drilling Group International Inc. (“Major Drilling” or the “Company”) (TSX: MDI), a leading provider of specialized drilling services to the mining sector, is pleased to announce that all director nominees listed in the Management Information Circular dated July 14, 2022 (the “Circular”) were elected as directors of Major Drilling in the course of the virtual annual general meeting of shareholders of the Corporation (the “Meeting”) held September 8, 2022. Shareholder participation was high, with the total percentage of shares voted reaching over 81% (representing 67,080,895 common shares of the Corporation).
Each of the eight director nominees listed in the Circular was elected by the holders of common shares of the Corporation. The Corporation received the following proxy votes from the holders of common shares with respect to the election of the eight director nominees:
| Director Nominee | % For | % Against | ||
| Denis Larocque | 99.66 | % | 0.34 | % |
| Janice G. Rennie | 97.45 | % | 2.55 | % |
| Jo Mark Zurel | 83.54 | % | 16.46 | % |
| Juliana L. Lam | 99.81 | % | 0.19 | % |
| Kim Keating | 99.69 | % | 0.31 | % |
| Louis-Pierre Gignac | 99.82 | % | 0.18 | % |
| Robert Krcmarov | 99.99 | % | 0.01 | % |
| Sybil Veenman | 99.44 | % | 0.56 | % |
The Board’s approach to executive compensation received 83% approval, and the appointment of Deloitte LLP as independent auditors of the Corporation received 79% approval. The formal report on voting results with respect to all matters voted upon during the Meeting will be available on SEDAR under Major Drilling’s profile at www.sedar.com.
About Major Drilling
Major Drilling Group International Inc. is one of the world’s largest drilling services companies primarily serving the mining industry. Established in 1980, Major Drilling has over 1,000 years of combined experience and expertise within its management team alone. The Company maintains field operations and offices in Canada, the United States, Mexico, South America, Asia, Africa, and Australia. Major Drilling provides a complete suite of drilling services including surface and underground coring, directional, reverse circulation, sonic, geotechnical, environmental, water-well, coal-bed methane, shallow gas, underground percussive/longhole drilling, surface drill and blast, and a variety of mine services.
For further information:
Ian Ross, Chief Financial Officer
Tel: (506) 857-8636
Fax: (506) 857-9211
ir@majordrilling.com
