TORONTO and MARSEILLE, France, March 6, 2024 /CNW/ - Foraco International SA (TSX: FAR) (the "Company" or "Foraco"), a leading global provider of mineral and water drilling services, today announced the termination of the Investor Rights Agreement dated July 7, 2021 among the Company, Oaktree Capital Management, L.P. ("Oaktree"), Kartesia Securities IV S.A ("Kartesia"), Jean-Pierre Charmensat, Daniel Simoncini, and the holding companies of Daniel Simoncini and Jean-Pierre Charmensat (the "Investor Rights Agreement").
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