Major Drilling Group Intl (T:MDI) has notable insider buying

John Ross Davies, a Senior Officer, acquired 6,600 Common Shares on a direct ownership basis at a price of $7.570 through an exercise of options on April 18th, 2022. This represents a $49,962 investment into the company's shares and an account share holdings change of greater than 100%.

Major Drilling Group Intl is in the Mining Support Services & Equipment Sub Industry Group under the Basic Materials Sector.

Major Drilling Group International Inc. is a drilling services company. The Company operates through three geographical segments: Canada - U.S.; South and Central America, and Asia and Africa. The Company is primarily engaged in the mining industry. The Company provides a range 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, surface drill and blast, and a variety of mine services. The Company has two categories of customers: junior exploration companies and a diversified portfolio of senior/intermediate companies, for which the Company provides greenfield exploration drilling and/or drilling at operating mines. The Company also has an investment in a fleet of digitized mobile underground drills that allow less dependence on client resources as well as increased ability for automation and versatility.