Energold Drilling Corp.

Energold Drilling Corp. is pleased to announce it has reached a milestone agreement for the $20 million convertible debenture first negotiated in February 2017 with a syndicate of existing debtholders, insiders, and investors led by Extract Advisors LLC. Energold is pleased to announce that we have entered into a forbearance agreement with our secured creditors that will provide us with the time and opportunity to [...]

Trading Symbol: "EGD: TSX.V" Energold Drilling Corp. is pleased to announce its annual results for the year ended December 31, 2018 with a four-year high revenue of $84.1 million across all business divisions, representing an increase of 12% on a year over year basis compared to 2017's $75.0 million revenue. This continued revenue rebound can be attributed to a successful diversification and turnaround strategy the group [...]

Trading Symbols: "EGD:TSX.V | EGDFF:US" Energold Drilling Group is pleased to announce that it has entered into a Binding Heads of Agreement with a private UK based company for the acquisition of Dando Drilling International Ltd.  . Under the HoA the Purchaser has arranged for an immediate GBP 500,000 banking facility for Dando and upon closing of a formal Sales and Purchase Agreement will fund Dando up to an additional [...]

Trading Symbols: "EGD:TSX.V | EGDFF:US" Energold Drilling Corp. is pleased to announce it has been awarded contracts for $14 million in the Canadian oil sands in 2019 and a further $7.0 million in sustainable energy programs in the United States. The mineral sands drilling programs for the 2018/2019 winter season conducted by Energold's Canadian subsidiary, Bertram Drilling Corp. is working on a backlog of contracts from [...]

Trading Symbol: "EGD: TSX.V" Energold Drilling Corp. is pleased to announce third quarter 2018 revenue of $21.9 million across three business divisions, representing a 11% increase over revenue of $19.8 million in the third quarter of 2017. The Company achieved a combined gross margin of 17% during the period compared to 14% in the same quarter in 2017. The net loss for the period was $2.5 million compared to $4.1 million [...]

Trading Symbol: "EGD: TSX.V" Energold Drilling Corp. announces the resignation of Steven Gold as Chief Financial Officer and the appointment of Jerry Huang as the new Chief Financial Officer of the Company. The Company would like to thank Mr. Gold for his service and congratulate Mr. Huang on his appointment. Mr. Huang has been with Energold in various investor relations and corporate development roles since 2012. Mr [...]

Trading Symbol: "EGD: TSX.V" Energold Drilling Corp. , a leading worldwide drilling operator and manufacturer will hold a conference call to discuss its second quarter 2018 financial results on Tuesday, November 27th, 2018 at 4:15 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 financial results on Monday November 26th [...]

Trading Symbol: "EGD: TSX.V" Energold Drilling Corp. announces that its board of directors has approved the adoption of an advance notice policy , the purpose of which is to provide shareholders, directors and management of the Company with a clear framework to follow when nominating directors. Among other things, the Policy includes a provision that requires advance notice to be given to the Company in circumstances [...]

Trading Symbol: "EGD: TSX.V" Energold Drilling Corp. announces the resignation of James O'Sullivan as Corporate Secretary and the appointment of Graeme Austin as the new Corporate Secretary of the Company. The Company would like to thank Mr. O'Sullivan for his service and congratulate Mr. Austin on his appointment. Mr. Austin is an associate at Norton Rose Fulbright Canada LLP. About Energold Drilling Corp. [...]

Trading Symbol: "EGD: TSX.V" Energold Drilling Corp. is pleased to announce second quarter 2018 revenue of $23.8 million across three business divisions, representing a 34% increase over revenue of $17.8 million in the second quarter of 2017. The Company achieved a combined gross margin of 16% during the period compared to 10% in the same quarter in 2017. The net loss for the period was $2.8 million compared to $4.8 [...]