The Offering Issuer: Orbit Garant Drilling Inc. Selling Shareholders: 6705570 Canada Inc., 1684182 International, 1684182 Ontario, 96052 Canada Inc., Monique Harvey, Johann Duval, Fiducie F amille Michel Mathieu, P ascal Simard, Daniel R oy, R enaud Mercier, R obert Brouillette, Sylvain L aroche, R aymond L eclerc and, if the Over- Allotment Option is exercised, Bernard Alexandre, Eric Alexandre, Danielle Garneau and R onald Thibault. T otal Offering: T otal of $60,000,000 (15,000,000 Offered Shares). T reasury Offering: $30,020,024 (7,505,006 Offered Shares). Secondary Offering: $29,979,976 (7,494,994 Offered Shares). Over-allotment Option: The Selling Shareholders have granted to the Underwriters an over-allotment option (the ‘‘Over- Allotment Option’’), exercisable for a period of 30 days from the Closing, to purchase up to an additional 2,250,000 Offered Shares on the same terms as set out above solely to cover over-allotments, if any, and for market stabilization purposes. T o form part of the over-allotment, Common Shares must be sold to bona fide purchasers at the closing of the Offering. If the Over- Allotment Option is exercised in full, the proceeds to the Selling Shareholders will be $9,000,000. The Company will not be responsible for the Underwriters’ fee in respect of such Offered Shares. This prospectus qualifies the distribution of the Over- Allotment Option and the distribution of the Offered Shares issuable upon exercise of that option. See ‘‘Plan of Distribution’’ and ‘‘Use of P roceeds’’. Common Shares P rior to the Offering, 24,776,536 Common Shares. Outstanding: Subsequent to the Offering, 32,281,542 Common Shares. Use of P roceeds: Orbit Garant expects to receive up to $25,110,750 of net proceeds from the T reasury Offering, after deducting its share of the Underwriters’ F ee, the Company’s proportionate share of an additional fee to be paid to one of the Underwriters and the expenses associated with completing the Offering. Orbit Garant intends to use the net proceeds obtained through the T reasury Offering as set out in the following table: Uses of P roceeds Amount R epayment of amounts outstanding under the Existing Credit Agreement .......................... $ 21,895,118 P ayment of working capital and other similar adjustments to the Orbit V endors and certain Garant shareholders pursuant to the Orbit Share Purchase Agreement ................................ $ 965,632 P ayment of a purchase price adjustment to the Orbit V endors pursuant to the Orbit Share Purchase Agreement ................................ $ 2,250,000 While Orbit Garant intends to spend the net proceeds of the T reasury Offering as stated above, there may be circumstances where, for sound business reasons, a re-allocation of the proceeds may be necessary or advisable. See ‘‘Use of P roceeds’’ and ‘‘Description of Debt’’. 10