MONCTON, New Brunswick, Oct. 17, 2025 (GLOBE NEWSWIRE) -- Major Drilling Group International Inc. (“Major Drilling” or the “Company”) (TSX: MDI), the largest provider of specialized drilling services to the mining sector, announced today that the Toronto Stock Exchange (“TSX”) has accepted its notice of intention to make a normal course issuer bid (the “NCIB Program”) to purchase outstanding common shares of Major Drilling (the “Common Shares”) on the open market in accordance with the rules of the TSX. Any ...

Core Viewpoint - Major Drilling Group International Inc. has announced a normal course issuer bid (NCIB Program) to repurchase up to 4,097,159 common shares, approximately 5% of its outstanding shares, over a 12-month period starting October 21, 2025 [1][2]. Group 1: NCIB Program Details - The NCIB Program allows Major Drilling to purchase shares on the Toronto Stock Exchange (TSX) at prevailing market prices, with a daily limit of 34,457 shares, which is 25% of the average daily trading volume for the previous six months [2][3]. - The total number of common shares outstanding as of October 14, 2025, is 81,943,186 [1]. - Shares repurchased under the NCIB Program will be cancelled, which is expected to enhance the value for remaining shareholders [2]. Group 2: Automatic Share Purchase Plan (ASPP) - Major Drilling will implement an automatic share purchase plan (ASPP) to facilitate share repurchases during regulatory restrictions or blackout periods [3][4]. - The designated broker will make purchases based on parameters set by the company prior to entering a blackout period [4]. Group 3: Company Overview - Major Drilling is the largest provider of specialized drilling services in the mining sector, with operations across North America, South America, Australia, Asia, Africa, and Europe [6]. - Established in 1980, the company has built a reputation for handling complex drilling projects and is supported by a skilled workforce and experienced management team [6][7].

MONCTON, New Brunswick, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Major Drilling Group International Inc. (“Major Drilling” or the “Company”) (TSX: MDI), the largest 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 17, 2025 (the “Circular”) were elected as directors of Major Drilling in the course of the hybrid annual general meeting of shareholders of the Corporation (the “Meeting”) held Septe ...