MBI Global & VersaDrill grow their strategic alliance into a merger

by Daniel Misiano, Presidentat MBI Global

The new MBI Global management team (left to right): Pietro de Ciccio – COO, Mario Rouillier – Chairman of the board, Claudine Bellehumeur – CFO, Daniel Misiano – President

After seven years of a strategic alliance, we are proud to announce that MBI Global and VersaDrill Canada merged in early May, 2021. The new entity, under MBI Global, will benefit the market with a complete offering of capital equipment (VersaDrill) and consumables (MBI Global) for the mineral exploration segment as well as capital equipment (soon to be supported by consumables) for the geotechnical drilling segment under the Gtech product line. The industry can expect to have service and support in over 15 distribution points and across more than 30 countries globally. We plan to offer the market new innovations over the next few years with a focus on safety, increased productivity, automation and improved efficiency.

The collaboration between MBI Global and VersaDrill began in 2014. Our company believes that any gains relevant to production stem from Our vision was to create a complete exploration core drilling solution a better understanding of the user realities, challenges, and reciprocal for the industry. Since the industry was still in a depressed mode, we feedback. As such, several developments already announced - and soon continued to push forward with the intention to adapt to the market to be - will continue to be driven from these baselines. Customer and reality and its needs. Slowly but surely, we initiated a project to propose end user interaction have been key elements in the process of innovadrill components (heads) tion in both exploration that could be adapted and geotechnical segto existing drill fleets of ments and will continue other manufacturers and it succeeded. ‘Our company believes that any to be a cornerstone of our values for better and VersaDrill also opted to realign its strategic mis- gains relevant to production improved adapted products. As the industry segsion to innovative safety-oriented products for stem from better understanding ments that we service are on the upside, we aim the exploration segment as well as new product of the user realities, challenges, to take note of some of the key challenges, such lines, intended for geotechnical drilling. As the and reciprocal feedback.’ as growing lack of qualified labour, quicker than market demand grew, expected promotion of so did the successful operational staff, thus collaboration between increased need for autoour companies. Today both help benefit the industry and our merged mation and training support, need for added safety features to address companies through collaborative projects aimed to improve mineral ex- the new inexperienced work force which is constantly asked to produce ploration and geotechnical drilling. more. Our industry is at a very interesting chapter and we aim to take

Going forward, one of the main goals of the united company will be to full advantage and the leadership role. C further expand our geographical footprint to support our growing customer base and offer them a sense of improved proximity. Whilst the industry continues to evolve, customer support and interaction are still For more information the most valued criteria asked and appreciated by clients and distributors alike. www.mbiglobal.ca

The new company will offer new products, the majority of which will www.versadrillcanada.com stem from the VersaDrill product line where safety, productivity and efficiency are put at the forefront. The services segment will be better www.gtechdrill.com adapted with improved support and access to products, product docu- Expect more announcements and new products mentation and technical support. from MBI Global and VersaDrill in the next Coring issues.