Outlook The Companys views the industry dynamics underlying demand for its services to be favourable and accordingly has added significantly to its capacity through the construction of additional drilling rigs All of the Companys drills are currently committed to contracts with 79 of the existing 85 underground drills and 29 of the existing 31 surface drills already committed to contracts through the end of December 2008 and beyond Orbit Garants management team expects the strong industry fundamentals underlying demand for its services to continue for the foreseeable future and accordingly had a capital budget recently approved by the Board of Directors which plans for the addition of 18 drills to the Companys existing fleet during fiscal 2009 In addition to the organic growth described above Orbit Garant continues to search for and pursue appropriate acquisitions similar to the two completed in fiscal 2007 that will enable it to expand its capabilities or geographic coverage DIRECTORS AND MANAGEMENT Directors The following table sets forth the name province of residence and principal occupation of each person who will be a director of Orbit Garant as of the Closing Date Name and P rovince of R esidence P osition with Orbit Garant Director Since P rincipal Occupation P atrick Godin 125 Director V iceP resident Operations Qu ebec Canada Canadian R oyalties Inc JeanYves L alibert e 124 Director Chief Financial Officer Cartier Qu ebec Canada R esources Inc and Chief Financial Officer Abitex R esources Inc Guthrie J Stewart 12 Director Corporate Director Qu ebec Canada Edmund Stuart Director P resident Brannach Ontario Canada Services Inc James C Johnson 3 Director 2007 Managing P artner Signal Hill Ontario Canada Equity P artners Inc P ierre Alexandre Director Chief Executive 2007 Chief Executive Officer Qu ebec Canada Officer Orbit Garant Eric Alexandre Director P resident and 2007 P resident and Chief Operating Qu ebec Canada Chief Operating Officer Officer Orbit Garant Notes 1 Member of A udit Committee 2 Member of Compensation and Corporate Governance Committee 3 NonExecutive Chair of the Board of Directors 4 Chair of A udit Committee 5 Chair of Compensation and Corporate Governance Committee Orbit Garant and certain of its existing shareholders have agreed to nominate and vote for the election of certain persons as directors of Orbit Garant See Existing Shareholder Arrangements V oting Arrangements JeanYves L alibert e Guthrie J Stewart P atrick Godin and Edmund Stuart are not currently directors of Orbit Garant and they will be appointed on the Closing Date As a result Orbit Garant believes that they do not have any statutory liability for this prospectus under provincial and territorial securities laws 51