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Algoma Steel Group Inc. Announces Filing of Base Shelf Prospectus

Algoma Steel Group Inc. has filed a base shelf prospectus with the Ontario Securities Commission on July 18, 2025, allowing for potential securities offerings over 25 months in Canada and the United States.
The company may offer common shares, preferred shares, debt securities, subscription receipts, and warrants under this prospectus.
Algoma aims to transition to electric arc furnace steelmaking and ensure a secure steel supply and sustainable future, as stated in the news release.
Readers are warned not to rely on forward-looking statements, as future events may differ from the projections outlined by Algoma Steel.

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The Peterborough Examiner

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Algoma Steel Group Inc. Announces Filing of Base Shelf Prospectus

SAULT STE. MARIE, Ontario, July 18, 2025 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, announced today that it…

8 days ago·Peterborough, Canada

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stocktitan.net

Algoma Steel's New Base Shelf Filing Enables Future Offerings Without Immediate Capital Raise Plans

Steel producer files strategic shelf prospectus for future financial flexibility. No immediate capital raise planned. Includes provisions for warrant exercises. See details.

8 days ago

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