MONCTON, NB, June 11 /CNW/ - Major Drilling Group International Inc.
(TSX: MDI) is pleased to announce that Standard & Poor's Canadian Index
Operation is adding Major Drilling to the S&P/TSX Composite Index, effective
at the open of the TSX on Monday, June 18, 2007.
"We are very pleased to become the only company headquartered in New
Brunswick included on the S&P/TSX Composite index and we believe this will
increase Major Drilling's visibility and liquidity for the benefit of our
shareholders," said Francis McGuire, President and CEO of Major Drilling.
The Company will be releasing its fourth quarter and year-end results
tomorrow, Tuesday June 12, 2007 followed by a webcast/conference call at
Some of the statements contained in this press release may be
forward-looking statements, such as estimates and statements that describe or
are with respect to the future price of minerals and metals, the Company's
future plans, objectives or goals, including words to the effect that the
Company or management expects a stated condition to exist or occur. Since
forward-looking statements address future events and conditions, by their very
nature, they involve inherent risks and uncertainties. Actual results in each
case could differ materially from those currently anticipated in such
statements by reason of factors such as, but not limited to, the factors set
out in the discussion starting on pages 20 to 23 of the 2006 Annual Report
entitled "General Risks and Uncertainties", as augmented by the section
entitled "General Risks and Uncertainties" in the discussion of the Company's
second and third quarter MD&A, each as filed with the Canadian Securities
Commission (available on SEDAR at www.sedar.com). All such factors should be
considered carefully when making decisions with respect to the Company. The
Company does not undertake to update any forward-looking statements, including
those statements that are incorporated by reference herein, whether written or
oral, that may be made from time to time by or on its behalf, except in
accordance with applicable securities laws.
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 and mineral exploration
activities, Major Drilling maintains operations in Canada, the United States,
Mexico, South and Central America, Australia, Indonesia, Africa and Mongolia.
For further information:
For further information: Denis Larocque, Chief Financial Officer, (506)
857-8636, Fax: (506) 857-9211, firstname.lastname@example.org