MONCTON, NB, Nov. 23 /CNW/ - Landdrill International Inc. (TSX.V:LDI) is pleased to announce the appointment of Mr. Roger Clinch and Mr. Richard Ormston to the Company's Board of Directors.
J. Roger Clinch of Bathurst, New Brunswick has a B.A. from the University of St. Thomas along with a Bachelor of Education from the University of Moncton. He has significant experience in the public forum as a high school Principal, Mayor and Member of Parliament. He also has extensive consulting experience with a focus on human resource management and labour relations. Over the past 20 years, Mr. Clinch has held various senior management positions with a NB mining company.
Richard "Rick" Ormston of Halifax, Nova Scotia has a Bachelor of Commerce degree from Mount Allison University, followed by a professional Chartered Accounting designation through PricewaterhouseCoopers ("PwC"). Mr. Ormston spent over 30 years with PwC, becoming a partner in 1980 and leading their Halifax office's tax department for most of his time with the firm. Subsequent to his 2005 retirement from PwC, he has been a consultant and director for various private companies and is currently the CFO for REM Forest Products Inc.
Ron Goguen Sr., the President and CEO of Landdrill said, "The Company is very pleased to welcome Mr. Clinch and Mr. Ormston as independent directors of the Company. Both Roger and Rick have significant experience in a variety of undertakings locally, provincially and nationally. Their experience and knowledge in the both the mining industry, along with their tax and governance expertise, are great assets to Landdrill and our management team looks forward to working closely with them."
Landdrill is a growth-oriented international drilling company with a focus on the metals and minerals industry. The Company continues to explore opportunities for growth in key markets, either through establishment of new branch offices or through acquisitions as opportunities arise. The Company currently has 31 drills with full branch offices in Canada, Mexico, Russia and Mongolia.
For detailed information on Landdrill International Inc., or to request a bid submission for your project worldwide, please visit our website at www.landdrill.com.
Caution Concerning Forward Looking Statements
This press release includes certain statements that would be deemed "forward-looking statements". These statements are "forward-looking" because they are based on current expectations, estimates and assumptions about the markets the Company operates in, the world economic climate as it relates to the mining industry, the Canadian economic environment and the Company's ability to attract and retain customers and to manage its assets and costs.
Actual results could differ materially from expectations if known or unknown risks affect the business, or if estimates or assumptions turn out to be inaccurate. The Company does not guarantee any forward-looking statement will materialize and, therefore, investors are cautioned not to place reliance on these forward looking statements. The Company disclaims any intention to update or revise any statement of forward-looking information whether as a result of new information, future events or otherwise.
On behalf of the Board of Directors,
Ronald Goguen Sr.
President and Chief Executive Officer
Landdrill International Inc.
(506) 388 - 8961
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
SOURCE Landdrill International Inc.
For further information: For further information: Ronald Goguen Sr., President and Chief Executive Officer, Landdrill International Inc., (506) 388-8961