Foraco fact sheet
Transcrição
Foraco fact sheet
integrity innovation involvement EXCHANGE: SYMBOL: TSX: FAR SHARE PRICE (as of Feb 29, 2016): C$0.30 52 WEEK HIGH/LOW: C$0.50/$0.13 SHARES OUTSTANDING: 90.0 MILLION MARKET CAPITALIZATION: C$26.5 MILLION Foraco International SA (TSX: FAR) is a leading global mineral drilling services company that provides a comprehensive and reliable service offering in mining and water projects. Supported by its founding values of integrity, innovation and involvement, Foraco has grown into the third largest global drilling enterprise with a presence in 23 countries across five continents MINING AND WATER SEGMENTS Foraco’s drilling fleet of 302 rigs includes: 212 diamond drills 62 rotary drills 28 combination drills COMPREHENSIVE SOLUTIONS Offering a modern drilling fleet, Foraco offers best-in-class safety standards and a versatile, well-trained international workforce that has been tested worldwide. Geologically complex formations and extreme natural terrain, often located in some of the most inaccessible regions of the world are some of the challenges Foraco encounters every day. Through extensive international drilling experience, Foraco’s expertise specializes in engineering custom drill rigs and specific techniques to meet their customer’s exact drilling requirements. integrity innovation involvement EXCHANGE: SYMBOL: TSX: FAR SHARE PRICE (as of Feb 29, 2016): C$0.30 52 WEEK HIGH/LOW: C$0.50/$0.13 SHARES OUTSTANDING: 90.0 MILLION MARKET CAPITALIZATION: C$26.5 MILLION GROWTH STRATEGY Foraco’s continuing strategy is to: The Company’s business strategy is to actively prepare for the next growth phase of the metallic commodities cycle in the best possible conditions through the development and optimization of its services offered across its range of geographical regions, industry sectors, commodities and customers. The Company expects it will execute on its strategy primarily through organic growth in the near future. Grow directional drilling Expand underground business Continue to capitalize on African opportunities Develop niche markets in Asia TIMELINE ANNUAL REVENUE (in US $millions) Research Coverage Brokerage House Analyst CIBC World Markets Kevin Chiew Cormark Securities Maggie MacDougall Mackie Research Capital Ryan Hanley For more information, please contact: Brenda Patterson-Mack Investor Relations T: +1-877-795-6363 / E: [email protected] foraco.com