Major Drilling Group International Inc. announced the appointment of Caroline Donally to the Company's Board of Directors effective April 1, 2023. Ms. Caroline Donally has more than 25 years of investment experience in the global mining industry. She is currently the Managing Partner of Sprott Resource Streaming and Royalty Corp, where she's responsible for all aspects of the streaming and royalty business and is a Managing Partner of Sprott Inc. Prior to joining Sprott, Ms. Donally was a Managing Director at Denham Capital and was responsible for sourcing mining investment opportunities and managing all aspects of a mining investment portfolio in excess of $1 billion across North and South America and Africa.

Before Denham, she was a Project and Structured Finance banker with Rand Merchant Bank and Investec Limited (South Africa), where she was involved in multiple structured cross-border financings and investments in mining, predominantly across Africa. Ms. Donally is a Chartered Accountant with a Bachelor of Commerce (Accounting) degree from the University of the Witwatersrand and a Bachelor of Accounting Science (Honours) from the University of South Africa.