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Major Drilling Announces Closing of $70 Million Offering.

By September 28, 2011No Comments

MONCTON, New Brunswick (September 28, 2011) – Major Drilling Group International Inc. (“Major Drilling” or the “Corporation”) (TSX: MDI) is pleased to announce that it has closed its prospectus offering of subscription receipts (“Subscription Receipts”). The Corporation issued a total of 5,900,000 Subscription Receipts at a price of $11.90 per Subscription Receipt for aggregate gross proceeds of
$70,210,000 (the “Offering”).

Press Release – Closing of the offering