ASTLW News and Press, Algoma Steel Group Inc. Warrant From 03/23/22

SAULT STE. MARIE, Ontario, March 23, 2022 (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, today provided guidance for its fiscal ...

SAULT STE. MARIE, Ontario, March 01, 2022 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”) announced today that the Toronto Stock Exchange (the “TSX”) has approved the Company’s intention to ma...

SAULT STE. MARIE, Ontario, Feb. 25, 2022 (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, today announced that the Company will pr...

Algoma Steel Group press release (NASDAQ:ASTL): FQ3 GAAP EPS of $0.92. Revenue of $1.06B (+146.5% Y/Y). Shipments of 552,544 tons, up from 547,733 tons in the prior-year quarter. For further details see: Algoma Steel Group GAAP EPS of $0.92, revenue of $1.06B

Continued Record Revenue, Adjusted EBITDA and Free Cash Flow Performance Balance Sheet Further Enhanced; Electric Arc Furnace Construction Underway Initiates Quarterly Dividend and Announces Intention to Launch Normal Course Issuer Bid Business Highli...

SAULT STE. MARIE, Ontario, Jan. 31, 2022 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, announced today that the Company will release its fiscal 2022 third qua...

SAULT STE. MARIE, Ontario, Jan. 27, 2022 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma Steel” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced that it has awarde...

Expects all 37.5 million shares to be issued pursuant to Earnout rights Financial results expected to be in line with previous guidance SAULT STE. MARIE, Ontario, Jan. 10, 2022 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma ...

SAULT STE. MARIE, Ontario, Dec. 02, 2021 (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, today announced that it has selected Dan...

Algoma Steel recently returned to the public markets via a SPAC transaction with Legato Merger Corp. Despite a recent earnings bump, the stock is still trading at 1.4x current EBITDA and 1.8x forward EBITDA. As cash flow drives down net debt and accrues to equity holders, the shar...