Latest news with #JasonVeenstra
Hamilton Spectator
3 days ago
- Business
- Hamilton Spectator
North American Construction Group Ltd. Second Quarter Results Conference Call and Webcast Notification
ACHESON, Alberta, July 17, 2025 (GLOBE NEWSWIRE) — North American Construction Group Ltd. ('NACG' or 'the Company') (TSX: announced today that it will release its financial results for the second quarter ended June 30, 2025, on Wednesday, August 13, 2025, after markets close. Following the release of its financial results, NACG will hold a conference call and webcast on Thursday, August 14, 2025, at 7:00 a.m. Mountain Time (9:00 a.m. Eastern Time). The call can be accessed by dialing: Toll free: 1-800-717-1738 Conference ID: 53211 A replay will be available through September 15, 2025, by dialing: Toll Free: 1-888-660-6264 Conference ID: 53211 Playback Passcode: 53211 A slide deck for the webcast will be available for download the evening prior to the call and will be found on the company's website at The live presentation and webcast can be accessed at: North American Construction Group Ltd. Second Quarter Results Conference Call and Webcast Registration A replay will be available until September 15, 2025, using the link provided. About the Company North American Construction Group Ltd. is a premier provider of heavy civil construction and mining services in Australia, Canada, and the U.S. For over 70 years, NACG has provided services to the mining, resource and infrastructure construction markets. For further information, please contact: Jason Veenstra, CPA, CA Chief Financial Officer North American Construction Group Ltd. Phone: (780) 960-7171 Email: ir@
Globe and Mail
4 days ago
- Business
- Globe and Mail
North American Construction Group Ltd. Second Quarter Results Conference Call and Webcast Notification
ACHESON, Alberta, July 17, 2025 (GLOBE NEWSWIRE) -- North American Construction Group Ltd. ('NACG' or 'the Company') (TSX: announced today that it will release its financial results for the second quarter ended June 30, 2025, on Wednesday, August 13, 2025, after markets close. Following the release of its financial results, NACG will hold a conference call and webcast on Thursday, August 14, 2025, at 7:00 a.m. Mountain Time (9:00 a.m. Eastern Time). The call can be accessed by dialing: Toll free: 1-800-717-1738 Conference ID: 53211 A replay will be available through September 15, 2025, by dialing: Toll Free: 1-888-660-6264 Conference ID: 53211 Playback Passcode: 53211 A slide deck for the webcast will be available for download the evening prior to the call and will be found on the company's website at The live presentation and webcast can be accessed at: North American Construction Group Ltd. Second Quarter Results Conference Call and Webcast Registration A replay will be available until September 15, 2025, using the link provided. About the Company North American Construction Group Ltd. is a premier provider of heavy civil construction and mining services in Australia, Canada, and the U.S. For over 70 years, NACG has provided services to the mining, resource and infrastructure construction markets. For further information, please contact: Jason Veenstra, CPA, CA Chief Financial Officer North American Construction Group Ltd. Phone: (780) 960-7171 Email: ir@
Associated Press
03-03-2025
- Business
- Associated Press
North American Construction Group Ltd. Reschedules Fourth Quarter Results Conference Call and Webcast
ACHESON, Alberta, March 03, 2025 (GLOBE NEWSWIRE) -- North American Construction Group Ltd. ('NACG' or 'the Company') (TSX: announced today that it has rescheduled the release of its financial results and conference call for the fourth quarter ended December 31, 2024, which had previously been scheduled on Wednesday, March 5, 2025 and Thursday March 6, 2025, respectively. The Company will release its financial results for the fourth quarter ended December 31, 2024 on Wednesday, March 12, 2025 after markets close. Following the release of its financial results, NACG will hold a conference call and webcast on Thursday, March 13, 2025, at 7:00 a.m. Mountain Time (9:00 a.m. Eastern Time). The Company is rescheduling the release of its financial results and related conference call to allow it more time to complete the year-end reporting processes within its Heavy Equipment - Australia segment. The additional time is necessary due to first-year SOX reporting requirements, high activity levels at year-end and its implementation of a new ERP system, all within the segment which was previously a privately held entity. The call can be accessed by dialing: Toll free: 1-800-717-1738 Conference ID: 71653 A replay will be available through April 13, 2025, by dialing: Toll Free: 1-888-660-6264 Conference ID: 71653 Playback Passcode: 71653 A slide deck for the webcast will be available for download the evening prior to the call and will be found on the company's website at A replay will be available until April 13, 2025, using the link provided. About the Company North American Construction Group Ltd. is a premier provider of heavy civil construction and mining services in Australia, Canada and the U.S. For over 70 years, NACG has provided services to the mining, resource and infrastructure construction markets. For further information, please contact: Jason Veenstra, CPA, CA Chief Financial Officer North American Construction Group Ltd.
Associated Press
29-01-2025
- Business
- Associated Press
North American Construction Group Ltd. Announces Early Redemption of 5.5% Debentures Due June 30, 2028
ACHESON, Alberta, Jan. 29, 2025 (GLOBE NEWSWIRE) -- North American Construction Group Ltd. ('NACG' or 'the Company') (TSX:NOA/NYSE:NOA) announced today that it has delivered notice to the holders of the Company's outstanding 5.5% convertible unsecured subordinated debentures due June 30, 2028 (the 'Debentures') that pursuant to Section 4.3 of the trust indenture governing the Debentures dated June 1, 2021 (the 'Trust Indenture'), the Company will, effective February 28, 2025 (the 'Redemption Date'), redeem all issued and outstanding Debentures, plus accrued interest thereon. In accordance with the Trust Indenture, holders of these Debentures may convert the outstanding Debentures into common shares of the Company at a price of $24.23 per share, which is at a discount to the closing price of NACG's common shares of $28.45 per share on January 29, 2025, the date of this press release. The Company encourages individual holders of Debentures ('Debentureholders') to review redemption instructions from their financial institution to ensure a request for conversion is submitted in advance of the cutoff time set by the Debentureholder's financial institution. This can be several days in advance of the Redemption Date and is not controlled by the Company. As of the date hereof, there was $74,106,000 ($1,000 per Debenture) aggregate principal amount of Debentures issued and outstanding. Accordingly, on the Redemption Date, subject to compliance with the Trust Indenture, the holder of each Debenture (unless converted prior to the Redemption Date in accordance with the terms of the Trust Indenture) will receive a total payment of $1,008.86111 (the 'Redemption Price'), comprised of a principal repayment of $1,000.00 and all accrued and unpaid interest thereon from the interest payment date of December 31, 2024 of $8.86111 until the Redemption Date. All interest on the Debentures shall cease from and after the Redemption Date. The Company intends to pay the Redemption Price in cash. Subject to regulatory approval, the Company intends to have the Debentures de-listed from the Toronto Stock Exchange following their redemption. About the Company NACG is one of Canada and Australia's largest providers of heavy construction and mining services. For more than 70 years, NACG has provided services to the mining, resource, and infrastructure construction markets. For more information about North American Construction Group Ltd., visit For further information contact: Jason Veenstra, CPA, CA Chief Financial Officer North American Construction Group Ltd. (780) 948-2009 Forward-Looking Information The information provided in this release contains forward-looking statements. Forward-looking statements include statements preceded by, followed by or that include the words 'will', 'intends', 'may', 'could' or similar expressions. In particular, this news release contains forward-looking statements and information relating to the redemption of the Debentures, the issuance of Common Shares as payment of the Redemption Price, the payment of cash in respect of interest and fractional shares and the anticipated de-listing of the Debentures. These forward-looking statements are being made by NACG based on certain assumptions that NACG has made in respect thereof as at the date of this news release, regarding, among other things that all required regulatory approvals will be obtained on the necessary terms in a timely manner; and that NACG will, on the Redemption Date, meet all of the required terms and conditions of the Debentures (including those set forth in the applicable debenture indentures) in order to effect the redemption on the terms currently contemplated (which includes assumptions respecting trading prices of the Common Shares). These forward-looking statements are not guarantees of future performance and are subject to a number of known and unknown risks and uncertainties, including, but not limited to: the risk that regulatory approvals will not be obtained in the timelines or on the terms required thereby delaying the redemption or causing it to not occur at all; the risk that NACG will not be able to meet the requirements for redemption on the Redemption Date, including with respect to the price of its Common Shares, which ability may be impacted by a number of risk factors. The material factors or assumptions used to develop the above forward-looking statements and the risks and uncertainties to which such forward-looking statements are subject are highlighted in the Company's MD&A for the year ended December 31, 2023 and quarter ending September 30, 2024. Actual results could differ materially from those contemplated by such forward-looking statements because of any number of factors and uncertainties, many of which are beyond NACG's control. For more complete information about NACG, please read our disclosure documents filed with the SEC and the CSA. These free documents can be obtained by visiting EDGAR on the SEC website at or on the CSA website at
