Feb. 17, 2011 (Canada NewsWire Group) --
MONCTON, NB, Feb. 17 /CNW/ - Major Drilling Group International Inc. would like to remind its shareholders and other interested parties of its Special Meeting of Shareholders scheduled for March 9, 2011 at 4:00 pm, at the Toronto Board of Trade, 1 First Canadian Place, Suite 350, 77 Adelaide Street West, Toronto, Ontario.
Items for discussion at the meeting include a proposed three for one subdivision of the company's common shares, as well as certain by-law amendments to bring the company's by-laws into line with best corporate governance practices. These items are more fully described in the company's Management Proxy Circular dated February 7, 2011 and filed on SEDAR. Only shareholders of record as of the record date (February 7, 2011) will be entitled to vote at the meeting.
Subsequent to the formal meeting representatives of the Board of Directors will be giving a presentation and engaging interested shareholders in discussions regarding the company's "say on pay" initiative.
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, mineral exploration and environmental activities, Major Drilling maintains operations in Canada, the United States, South and Central America, Australia, Asia, and Africa.
Denis Larocque, Chief Financial Officer
Tel: (506) 857-8636
Fax: (506) 857-9211
ir@majordrilling.com