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Latest Energold Drilling Co (EGDFF) Headlines

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Posted On: 03/09/2014 5:11:16 PM
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Latest Energold Drilling Co (EGDFF) Headlines



The Energold Drilling Group Amends Purchase Agreement of Bertram Drilling Corp.

Marketwire - Mon Jan 20, 4:01PM CST

Energold Drilling Corp. (TSX VENTURE: EGD) ("Energold" or "the Company" or "Energold Group"), a leading worldwide operator and manufacturer of mineral exploration, energy drilling and water rigs announces that it has amended the purchase agreement with respect to the acquisition of Bertram Drilling in July, 2011.



Energold Drilling Announces Third Quarter 2013 Financial Results

Marketwire - Thu Nov 28, 3:16PM CST

Energold Drilling Corp. ("Energold" or "the Company") (TSX VENTURE: EGD) reported the following financial results for the third quarter of 2013. Company-wide revenue during the third quarter of 2013 was $16.6 million, compared to $29.9 million in the third quarter of 2012. The decline in revenue was mostly related to the year-over-year decrease in mineral exploration activity. Gross margin fell to negative 5% in the third quarter of 2013 from 21% in the comparable period of 2012. The Company had a net loss in the third quarter of ($0.15) per share, compared to a net loss of ($0.05) per share in the same period of 2012.



Energold Drilling Corp. Honoured at HSBC International Business Awards

Marketwire - Thu Nov 14, 5:01PM CST

Energold Drilling Corp. ("Energold", "Energold Group", "the Group", or "the Company") (TSX VENTURE: EGD) is pleased to announce it has won the HSBC Leadership in International Trade in Latin America Award last week in Toronto.



Energold Drilling Amends Third Quarter 2013 Results Conference Call to November 29, 2013

Marketwire - Thu Nov 14, 11:17AM CST

Energold Drilling Corp. (TSX VENTURE: EGD) ("Energold" or "the Company" or "Energold Group"), a leading worldwide operator and manufacturer of mineral exploration, energy drilling and water rigs, will hold a conference call to discuss its third quarter 2013 financial results on Friday, November 29, 2013 at 8:30 a.m. EST. This has been changed from Thursday, November 28, 2013 to accommodate the Thanksgiving holiday in the United States. To access the conference call by telephone, dial 647-426-1845 or 1-866-782-8903. Please connect 15 minutes prior to the beginning of the call.



Energold Drilling to Hold Third Quarter 2013 Results Conference Call on November 28, 2013

Marketwire - Tue Nov 12, 3:31PM CST

Energold Drilling Corp. (TSX VENTURE: EGD) ("Energold" or "the Company" or "Energold Group"), a leading worldwide operator and manufacturer of mineral exploration, energy drilling and water rigs, will hold a conference call to discuss its third quarter 2013 financial results on Thursday, November 28, 2013 at 4:30 p.m. EST. A question and answer session for analysts and investors will follow management's comments. Energold will be issuing a press release with the quarterly results earlier the same day, before market open.



Energold Drilling Announces Second Quarter 2013 Financial Results

Marketwire - Thu Aug 29, 6:31AM CDT

Energold Drilling Corp. (TSX VENTURE: EGD) ("Energold" or "the Company") reported the following financial results for the second quarter of 2013. Company-wide revenue during the second quarter of 2013 was $23.3 million, compared to $32.7 million in the second quarter of 2012. The decline in revenue was principally related to the year-over-year decrease in mineral exploration activity in the industry. Gross profit margin fell to 14% in the second quarter of 2013 from 20% in the comparable period of 2012. The Company had a net loss in the second quarter of ($0.03) per share, compared to a net loss of ($0.04) per share in the same period of 2012.



Energold Drilling to Hold Second Quarter 2013 Results Conference Call on August 29, 2013

Marketwire - Mon Aug 19, 11:59AM CDT

Energold Drilling Corp. (TSX VENTURE: EGD) ("Energold" or "the Company" or "Energold Group"), a leading worldwide operator and manufacturer for global drilling solutions including mineral exploration, energy and water drilling rigs, will hold a conference call to discuss its second quarter 2013 financial results on Thursday, August 29, 2013 at 4:30 p.m. EDT. A question and answer session for analysts and investors will follow management's comments. Energold will be issuing a press release with the quarterly results earlier the same day, before market open.



Energold Drilling to Hold First Quarter 2013 Results Conference Call on May 27, 2013

Marketwire - Fri May 17, 5:01AM CDT

Energold Drilling Corp. (TSX VENTURE: EGD) ("Energold" or "the Company" or "Energold Group"), a leading worldwide operator and manufacturer of mineral exploration, energy drilling and water rigs, will hold a conference call to discuss its first quarter 2013 financial results on Monday, May 27, 2013 at 4:30 p.m. ET. A question and answer session for analysts and investors will follow management's comments. Energold will be issuing a press release with the quarterly results earlier the same day, before market open.



Energold Drilling Announces Water Drilling Joint Venture in Africa

Marketwire - Wed Apr 17, 8:02AM CDT

Energold Drilling Corp. (TSX VENTURE: EGD) ("Energold", "Energold Group", "the Group", or "the Company") is pleased to announce that Dando International Drilling Ltd. ("Dando"), the Company's manufacturing division, has established a wholly owned subsidiary, Dando Drilling Services Ltd. ("DDS"), to be dedicated to the development of water drilling as a new specialty service for the Group. DDS has entered into a 60/40 joint venture with an African water drilling company. The initial contract is estimated to be worth up to $500,000 for 2013.



Energold Drilling Announces 2012 Annual Financial Results & Conference Call Information

Marketwire - Tue Apr 09, 5:01AM CDT

Energold Drilling Corp. (TSX VENTURE: EGD) ("Energold" or "the Company") is pleased to announce record high annual revenue in 2012 of $141.5 million across three business divisions, representing a 6.0% increase over 2011 revenue of $133.5 million, despite a challenging year for commodities overall. Notwithstanding the downturn in mineral drilling activity in mid-2012, the Company achieved gross margins of 22.9% for the full year and has reduced revenue seasonality compared to previous years when it did not enjoy the benefits of the energy and manufacturing divisions. Adjusted net earnings(ii) for the year was $2.3 million or $0.05 per share. A conference call is planned for today, April 9, 2013 at 4:30pm Eastern time. Dial-in numbers are 647-426-1845 or 1-866-782-8903. Please call in 15 minutes before to ensure participation.



Energold Drilling Enters Into Option Agreement for Its Non-Core Dominican Republic Land Assets

Marketwire - Thu Dec 20, 4:56PM CST

Energold Drilling Corp. (TSX VENTURE: EGD) ("Energold" or "the Company" or "Energold Group"), a leading worldwide operator and manufacturer of mineral exploration and energy drilling rigs, has entered into an agreement with a third party whereby Energold has agreed to option out some of the Company's legacy, non-core land package in the Dominican Republic. The option agreement includes a multi-phased work program to be executed by Energold Drilling Corp. at market rates and to be paid for by the option holder. Management estimates the initial phase of the work program to be executed as part of the option agreement to be worth $800,000 over the course of the next 12 months with the potential for additional work thereafter.



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