| Transaction |
Landmark Capital acted as financial advisor to the shareholders of Captagua Ingenieria S.A. on the sale of 100% of the company to Orbit Garant Drilling Inc. The transaction includes the issuance of 1,824,900 shares of the Canadian company, equivalent to 5.2% of the property, which will be handed to the former shareholders of Captagua. Captagua provides surface drilling services (diamond drilling and reverse circulation), to the Chilean mineral exploration and mining industry. Captagua also has extensive water drilling capabilities, including specialized piping and supply equipment for pumping, operating and maintenance of water wells. Captagua has worked with many leading international mining enterprises over its history and has approximately 180 employees. 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 226 drill rigs and approximately 800 employees. Orbit Garant provides services to major, intermediate and junior mining companies, through each stage of mining exploration, development and production. Orbit Garant is a publicly traded Company on the Toronto stock exchange. |
