Geodrill Ltd. reported its financial results for the three and twelve months ended December 31, 2019. All figures are reported in U.S. dollars , unless otherwise indicated. Geodrill's financial statements are prepared in accordance with International Financial Reporting Standards. Highlights for Fiscal 2019: Increased EBITDA by 23% to $20M; Generated net income of $3.9M representing a 485% increase compared to 2018 [...]
Geodrill Ltd. will release its financial results for the three and twelve months ended December 31, 2019, prior to the market open on Monday March 2, 2020. Following the release, management of the Company will host a conference call at 10:00 am EST to discuss the financial results. You can join the call by dialing 1 888 231 8191 or local 647 427 7450. An audio webcast of the conference call will also be available through [...]
Geodrill Ltd. reported its financial results for the three and nine month periods ended September 30, 2019. All figures are reported in USD, unless otherwise indicated. Geodrill's financial statements are prepared in accordance with International Financial Reporting Standards. Highlights for Q3-2019: Increased quarterly revenue year-over-year by 22% to $20.3M; Improved gross margin to 23% compared to 7% in Q3-2018 [...]
Geodrill Ltd. , regrets to report two of its employees have been fatally wounded in a terrorist attack between Fada and Boungou in Est Region, Burkina Faso. The incident occurred when a military convoy traveling in a company vehicle was attacked, approximately 40 kilometers from Boungou. The name of the deceased have been withheld until the family members can be notified. The Company expresses its sincere sympathy to [...]
Geodrill Ltd. , a leading West African based drilling company, will release its financial results for the three and nine months ended September 30, 2019, prior to the market open on Tuesday November 12, 2019. Following the release, management of the Company will host a conference call at 10:00 am EST to discuss the financial results. You can join the call by dialing 1 888 231 8191 or local 647 427 7450. An audio webcast [...]
Geodrill Ltd. , a leading West African based drilling company, reported its financial results for the three and six month periods ended June 30, 2019. All figures are reported in U.S. dollars , unless otherwise indicated. Geodrill's financial statements are prepared in accordance with International Financial Reporting Standards . Highlights for Q2-2019: Achieved record revenue of $27.8M compared to $27.3M in Q2-2018 [...]
Geodrill Ltd. , a leading West African based drilling company, will release its financial results for the three and six months ended June 30, 2019, prior to the market open on Tuesday August 6, 2019. Following the release, management of the Company will host a conference call at 10:00 am EDT to discuss the financial results. You can join the call by dialing 1 888 231 8191 or local 647 427 7450. A live audio webcast of [...]
Geodrill Ltd. announced today that the Toronto Stock Exchange has accepted its notice of intention to renew its normal course issuer bid to purchase outstanding ordinary shares of the Company on the open market in accordance with the rules of the TSX. Any such purchases will occur from time to time and in aggregate will be up to 2,194,225 Ordinary Shares over a 12-month period commencing on June 7, 2019 and terminating on [...]
Geodrill Ltd. announced the voting results of its Annual and Special Meeting of Shareholders held on May 13, 2019. The nominees listed in the management information circular dated April 12, 2019 were elected as directors of the Company at the Meeting. Detailed results of the vote are set out below: Director Outcome of Vote Votes For Votes Withheld Dave Harper Carried 31,236,124 10 John Bingham Carried 31,236,124 10 Johnny [...]
Geodrill Ltd. , a leading West African based drilling company, reported its financial results for the three month period ended March 31, 2019. All figures are reported in U.S. dollars , unless otherwise indicated. Geodrill's financial statements are prepared in accordance with International Financial Reporting Standards . Highlights for Q1-2019: After a slow start, exited the quarter with very strong revenue; Increased [...]
Geodrill Ltd. , a leading West African based drilling company, will release its financial results for the three months ended March 31, 2019, prior to the market open on Monday May 13, 2019. Following the release, management will host the Company's Annual and Special Meeting at the offices of Cassels Brock & Blackwell LLP, Suite 2100, Scotia Plaza, 40 King Street West, Toronto, Ontario at 10 am where management will [...]
Geodrill Ltd. , a leading West African based drilling company, announces that it has changed its auditors from Deloitte LLP to PricewaterhouseCoopers LLP effective March 5th, 2019. At the request of the Company, the Former Auditor resigned as the auditor of the Company effective March 5th, 2019 and the board of directors of the Company appointed the Successor Auditor as the Company's auditor effective March 5th, 2019 [...]
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