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1、1Major Drilling Group International Inc.(“the Company”)is one of the worlds largest drilling services companies primarily serving the mining industry.To support its customers varied exploration drilling requirements,Major Drilling maintains field operations and offices in Canada,the United States,Me
2、xico,South America,Asia,Africa and Europe.Major Drilling provides all types of drilling services including surface and underground coring,directional,reverse circulation,sonic,geotechnical,environmental,water-well,coal-bed methane,shallow gas,underground percussive/longhole drilling and a variety of
3、 drilling-related mine services.Over the years,the Company has positioned itself as one of the largest specialized operators in the world by leveraging its main competitive advantages:skilled personnel,specialized equipment,robust safety systems,long-standing relationships with the worlds largest mi
4、ning companies and access to capital.This positioning is strengthened by the Companys senior management having experienced several economic and mining industry cycles.Our corporate strategy remains to:be the world leader in specialized drilling;diversify our services within the drilling field;mainta
5、in a strong balance sheet;be the best in class in safety and human resources;and modernize our conventional fleet and expand our footprint in strategic areas.Major Drillings common shares trade on the Toronto Stock Exchange under the symbol MDI.Corporate ProfileMessage to Shareholders.2Managements D
6、iscussion and Analysis.4Managements Responsibility.20Independent Auditors Report.21Consolidated Statements of Operations.22Consolidated Statements of Comprehensive Loss.22Consolidated Statements of Changes in Equity.23Consolidated Statements of Cash Flows.24Consolidated Balance Sheets.25Notes to Con