North American Construction Group Ltd. Announces the Completion of Its Redemption of Its 5.5% Convertible Debentures Due June 30, 2028
Core Points - North American Construction Group Ltd. has completed the redemption of its 5.5% Convertible Debentures due June 30, 2028 on February 28, 2025 [1] - The company issued a notice of redemption on January 29, 2025, allowing holders to redeem all outstanding Debentures at their principal amount plus accrued interest [2] - A total of $72,749,000 principal amount of Debentures were converted into common shares between January 29, 2025, and the Redemption Date [2] Company Overview - NACG is one of the largest providers of heavy construction and mining services in Canada and Australia, with over 70 years of experience in the mining, resource, and infrastructure construction markets [3]