Latest News
April 14, 2008
Landdrill International Inc.(TSX.V:LDI)
announces the appointment of Mr. Derrick West as their Chief Financial Officer (CFO). Mr. West is a Chartered Accountant (CA) with over 15 years experience working as a CA for several private and public companies.
Prior to joining Landdrill, Mr. West was the Vice-President of Accounting & Administration at Plazacorp Retail Properties Ltd., a publicly traded commercial real estate company. He was responsible for financial reporting as required by various securities commissions and other regulatory bodies.
August 1, 2007
Landdrill International Inc.(LDI : TSXV) today announced more drilling contracts.
The total number of drill rigs Landdrill is operating in Mongolia has increased. Four additional drill rigs will service four new drilling contracts.
Business in Mongolia is steadily increasing for Landdrill. “We expect more business out of Mongolia in the next few months”, said Ron Goguen, President and CEO of Landdrill. “ Mongolia’s GDP grew by 8.4 percent in 2006. The mining sector continues to benefit from the high copper and gold prices,” he added.
April 12, 2007
Landdrill International Inc. (LDI : TSXV) today announces that it has acquired three new drilling contracts in Mongolia and one new drilling contract in Mexico.
Ron Goguen President & CEO of Landdrill said, “We are finally enlightened by the rapid improvement in our business developments in Mongolia .”
Landdrill also wishes to announce that it has granted 550,000 stock options to directors, employees and consultants exercisable at $0.20 per share for up to 10 years. All options are granted pursuant to the Company's existing 10% rolling stock option plan, and will vest over a period of two years.
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