Major Drilling Announces Results of Annual Meeting of Shareholders – Juliana L. Lam Joins Major Drilling Board of Director...
September 14 2020 - 4:00PM
Major Drilling Group International Inc. (“
Major
Drilling” or the “
Corporation”) (TSX:
MDI) is pleased to announce that all director nominees listed in
the management information circular dated July 20, 2020
(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 10, 2020.
Shareholder participation was high, with the total percentage of
shares voted reaching over 82% (representing 66,278,776 common
shares of the Corporation).
Each of the ten 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 ten director nominees:
Director Nominee |
% For |
% Withheld |
Edward J. Breiner |
99.63 |
% |
0.37 |
% |
John Burzynski |
71.40 |
% |
28.60 |
% |
Louis-Pierre Gignac |
99.97 |
% |
0.03 |
% |
Kim Keating |
99.96 |
% |
0.04 |
% |
Juliana L. Lam |
99.96 |
% |
0.04 |
% |
Denis Larocque |
99.63 |
% |
0.37 |
% |
Janice G. Rennie |
99.62 |
% |
0.38 |
% |
David B. Tennant |
99.63 |
% |
0.37 |
% |
Sybil Veenman |
99.90 |
% |
0.10 |
% |
Jo Mark Zurel |
99.64 |
% |
0.36 |
% |
The Board’s approach to executive compensation
received 97% approval, and the appointment of Deloitte LLP as
independent auditors of the Corporation received 96% 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.
Major Drilling welcomes Juliana L. Lam to its
Board of Directors. Ms. Lam has extensive executive level financial
management and international business experience in diverse
industries including mining, manufacturing, services and
distribution. Ms. Lam has served in a number of leadership
positions including: Executive Vice-President and Chief Operating
Officer of Chartered Professional Accountants of Ontario; Executive
Vice-President and Chief Financial Officer of Uranium One Inc.;
Senior Vice-President, Finance at Kinross Gold Corporation; and
Chief Financial Officer at Nexans Canada Inc. Ms. Lam holds a
Bachelor of Arts from the University of Toronto, an MBA from the
University of Western Ontario, is a Chartered Accountant (CPA, CA),
and holds the ICD.D designation from the Institute of Corporate
Directors.
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 Europe. 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 OfficerTel: (506) 857-8636Fax: (506)
857-9211ir@majordrilling.com
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