Orbit Garant acquires drilling business in Burkina Faso

1 minute read
12 October 2018

On Oct. 12, 2018, Orbit Garant Drilling Inc. (TSX: OGD) announced that its operating subsidiary Forage Orbit Garant BF S.A.S. ("Orbit Garant BF") had acquired the drilling business of Projet Production International BF S.A., based in Burkina Faso, for a total purchase price of US$6.4 million. 

Orbit Garant is one of the largest Canadian-based mineral drilling companies, providing both underground and surface drilling services in Canada and internationally. Orbit Garant provides services to major, intermediate and junior mining companies, through each stage of mining exploration, development and production. Orbit Garant also provides geotechnical drilling services to mining or mineral exploration companies, engineering and environmental consultant firms, and government agencies.

Gowling WLG advised Orbit Garant in this acquisition with a team that included Rafal Wrzesien, Ingrid Anton and Georgi Paskalev (corporate/M&A), assisted by student-at-law Emilie Clairoux.

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