Business
Major Drilling Added to S&P/TSX Composite Index
Major Drilling Added to S&P/TSX Composite Index.
About this update from Major Drilling Group International Inc.
[{"type":"text","content":"\n\n\n\nMONCTON, NB, June 11 /CNW/ - Major Drilling Group International Inc.\n(TSX: MDI) is pleased to announce that Standard & Poor's Canadian Index\nOperation is adding Major Drilling to the S&P/TSX Composite Index, effective\nat the open of the TSX on Monday, June 18, 2007.\n\n\n"We are very pleased to become the only company headquartered in New\nBrunswick included on the S&P/TSX Composite index and we believe this will\nincrease Major Drilling's visibility and liquidity for the benefit of our\nshareholders," said Francis McGuire, President and CEO of Major Drilling.\n\n\nThe Company will be releasing its fourth quarter and year-end results\ntomorrow, Tuesday June 12, 2007 followed by a webcast/conference call at\n9:00am EDT.\n\n\nSome of the statements contained in this press release may be\nforward-looking statements, such as estimates and statements that describe or\nare with respect to the future price of minerals and metals, the Company's\nfuture plans, objectives or goals, including words to the effect that the\nCompany or management expects a stated condition to exist or occur. Since\nforward-looking statements address future events and conditions, by their very\nnature, they involve inherent risks and uncertainties. Actual results in each\ncase could differ materially from those currently anticipated in such\nstatements by reason of factors such as, but not limited to, the factors set\nout in the discussion starting on pages 20 to 23 of the 2006 Annual Report\nentitled "General Risks and Uncertainties", as augmented by the section\nentitled "General Risks and Uncertainties" in the discussion of the Company's\nsecond and third quarter MD&A, each as filed with the Canadian Securities\nCommission (available on SEDAR at www.sedar.com). All such factors should be\nconsidered carefully when making decisions with respect to the Company. The\nCompany does not undertake to update any forward-looking statements, including\nthose statements that are incorporated by reference herein, whether written or\noral, that may be made from time to time by or on its behalf, except in\naccordance with applicable securities laws.\n\n\nBased in Moncton, New Brunswick, Major Drilling Group International Inc.\nis one of the world's largest metals and minerals contract drilling service\ncompanies. T...