|July 30, 2012|
Energold Drilling Ranked 24th in the Annual PROFIT 200 Canada's Fastest Growing Companies
|President honoured as a Finalist for Ernst & Young Entrepreneur Of The Year® 2012 Award |
The Globe and Mail lists Energold on 100 Biggest Companies by Return on Equity
Energold Drilling Corp. (EGD: TSX.V) ("Energold" or "the Company" or "Energold Group") is pleased to announce its CEO and President of Energold, Fred Davidson has been selected as a Finalist in the esteemed Ernst & Young Entrepreneur Of The Year 2012 award. Mr. Davidson is one of three global resource companies entrepreneurs selected for his achievements.
The Entrepreneur Of The Year Award celebrates the contribution and spirit of entrepreneurs everywhere, focusing the spotlight on game-changing entrepreneurs who continue to drive sustainable growth and job creation across the country. The Canadian program is in its nineteenth year of honouring Canada's most impressive entrepreneurs from all areas of business. Award finalists are chosen based on their vision, leadership, financial success and social responsibility.
Energold is also pleased to announce it has made the PROFIT Magazine's 24th Annual PROFIT 200 'Canada's Fastest Growing Companies' selection for the fourth year in a row. In a challenging financial environment, the award serves as a real testament to the consistency of growth the Company has continued to showcase. By ranking Canada's Fastest Growing Companies by five-year growth, the PROFIT 200 profiles the country's most successful growth companies, of which Energold has continuously proven to belong. More information on the PROFIT 200 publication is accessible at www.profitguide.com.
In further recognition of Energold and its team's efforts, the Company was recognized as one of Canada's 100 Biggest Companies by Return on Equity by the Globe and Mail in July 2012. Full link to the article is available here http://www.theglobeandmail.com/report-on-business/rob-magazine/top-1000/canadas-100-biggest-companies-by-return-on-equity/article4364046/
About E&Y's Entrepreneur Of The Year Award
Entrepreneur Of The Year honours the spirit and contribution of entrepreneurs here and around the world. Nominees are reviewed by an independent judging panel composed of several distinguished business leaders and previous award recipients. Select 2012 Pacific judging panel includes Peter Barnes, Founding Shareholder, DeepGreen Resources; Ryan Beedie, President, The Beedie Group; Mary Jordan, Corporate Director and Chair, Vancouver Airport Authority; Chad Wasilenkoff, CEO, Fortress Paper.
About Energold Drilling Corp.
Energold Drilling Corp. is a leading global specialty drilling company that services the mining, energy, and water sectors and related manufacturing currently in 22 countries globally. Specializing in a socially and environmentally sensitive approach to drilling, Energold provides a comprehensive range of drilling services from early stage exploration to mine site operations for both metals and energy in addition to its established drill rig manufacturer, Dando. Energold also holds 6.98 million shares of IMPACT Silver Corp., a profitable silver producer in Mexico. IMPACT is proud to be another one of the only six companies listed that operate in the Natural Resource Sector. IMPACT is well positioned to grow into a multi-million ounces silver producer with four operating mines in Mexico.
On behalf of the Directors of Energold Drilling Corp.
"Frederick W. Davidson"
For further information, please contact:
Jerry Huang -- Investor Relations Manager
(604) 681 9501 or via email at firstname.lastname@example.org
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements. Some statements in this news release contain forward-looking information. These statements include, but are not limited to, statements with respect to proposed activities, work programs and future expenditures. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, among others, the effects of general economic conditions, a reduction in the demand for the Company's drilling services, the price of commodities, changing foreign exchange rates, actions by government authorities, the failure to find economically viable acquisition targets, title matters, environmental matters, reliance on key personnel, the ability for operational and other reasons to complete proposed activities and work programs, the need for additional financing and the timing and amount of expenditures. Energold Drilling Corp. does not assume the obligation to update any forward-looking statement.
1100 - 543 Granville St.
Vancouver, BC V6C 1X8
Telephone 604 681 9501
Facsimile 604 681 6813
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