Major Drilling Announces Renewal of Normal Course Issuer Bid

Major Drilling will enter into an automatic repurchase plan (“ARP”) with a designated broker to allow for the purchase for cancellation of Common Shares under the NCIB Program, subject to certain trading parameters, at times when Major Drilling would otherwise not be permitted to purchase Common Shares due to regulatory restrictions or self-imposed blackout periods.

Outside of these periods, the Common Shares will be purchased by Major Drilling at its discretion under the NCIB Program.

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