March 26 (Reuters) - Major Drilling Group International Inc MDI.TO :
* MAJOR DRILLING GROUP INTERNATIONAL INC.'S STATEMENT ON COVID-19
* MAJOR DRILLING GROUP INTERNATIONAL INC - AT THIS TIME, PROJECTS ARE BEING DELAYED OR DEFERRED
* MAJOR DRILLING GROUP - FINANCIAL IMPLICATIONS OF COVID-19 YET TO BE FULLY REALIZED BUT ACTIVITY LEVELS HAVE BEEN IMPACTED IN VARIOUS COUNTRIES
* MAJOR DRILLING GROUP INTERNATIONAL - DREW DOWN $20 MILLION DOLLARS FROM ITS CREDIT FACILITY TO ENSURE ACCESS TO CASH IF THERE IS A PROLONGED SLOWDOWN
* MAJOR DRILLING GROUP - WELL POSITIONED FINANCIALLY TO MAINTAIN KEY STAFF, OPERATIONAL STRUCTURE TO MEET CUSTOMER DEMANDS ONCE ACTIVITY LEVELS RESUME