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Orbit Garant Announces Appointment Of Pierre Alexandre As President And Ceo And The Appontment Of Mario Jacob To Its Board Of Directors

Press Release

VAL-D’OR, QC, Feb. 8, 2023 – Orbit Garant Drilling Inc. (TSX: OGD) (“Orbit Garant” or the “Company”) today announced the permanent appointment of Mr. Pierre Alexandre as the Company’s President and Chief Executive Officer. Mr. Alexandre had previously been serving in this role on an interim basis since November 2022.

“We are pleased that Pierre has accepted the role of President and CEO on a permanent basis,” said Jean-Yves Laliberté, Chair of Orbit Garant’s Board. “Given his background with the Company, we believe he is the most qualified person to lead Orbit Garant into its next phase of growth.”

Pierre Alexandre co-founded Orbit Garant Drilling in January 2007, and since that time the Company has grown to become one of the most prominent Canadian operators in the mineral drilling industry. Mr. Alexandre has almost 40 years of experience in the mineral drilling industry, including field operations, project planning and business development.

Orbit Garant also announced the appointment of Mr. Mario Jacob to its Board of Directors, effective immediately. Mr. Jacob will also serve as a member of the Audit Committee and Corporate Governance and Compensation Committee. With Mr. Jacob’s appointment, Orbit Garant’s Board of Directors now has five members.

Mr. Jacob has more than 20 years of experience in corporate finance, including significant experience in Quebec’s mining sector. He currently serves as Managing Director of NCP Investment Management, a wealth management firm he co-founded in 2012, and President and Director of Maximus Capital Inc., a consulting firm specializing in corporate financing and reorganization that he founded in 2003. Mr. Jacob is also a Director of Cartier Resources Inc., Dundee Sustainable Technologies Inc. and Soluroc inc. Previously, he served as a Director of Osisko Exploration James Bay Inc. and its predecessor Virginia Mines Inc. A lawyer by training, Mr. Jacob was called to the Quebec Bar in 1995. He is a certified director in Quebec, having received the Administrateur de sociétés certifié (ASC) designation in 2009.

“On behalf of the entire Board of Directors, I am delighted to welcome Mario to our Board,” continued Mr. Laliberté, “His extensive corporate finance and mining industry experience will be beneficial to Orbit Garant as we work to build market share and drive profitable growth.”

About Orbit Garant

Headquartered in Val-d’Or, Quebec, Orbit Garant is one of the largest Canadian-based mineral drilling companies, providing both underground and surface drilling services in Canada and internationally through its 216 drill rigs and approximately 1,300 employees. Orbit Garant provides services to major, intermediate and junior mining companies, through each stage of mining exploration, development and production. The Company also provides geotechnical drilling services to mining or mineral exploration companies, engineering and environmental consultant firms, and government agencies. For more information, please visit the Company’s website at www.orbitgarant.com.

For further information:

Bruce Wigle, Investor Relations, Tel: (647) 496-7856, Email: [email protected]

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