Algoma Steel Group Inc 6-K, filed Sep 27, 2023
Algoma Steel Group Inc. (ASTL)
About this 6-K
Algoma Steel Group Inc filed this 6-K on September 27, 2023.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of September 2023
Commission File Number 001-40924
ALGOMA STEEL GROUP INC.
(Exact name of Registrant as specified in its charter)
N/A
(Translation of Registrant’s name into English)
105 West Street
Sault Ste. Marie, Ontario
P6A 7B4, Canada
(705) 945-2351
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F ☐ Form 40-F ☒
EXHIBIT INDEX
| Exhibit Number | Description | |
| 99.1 | Press release dated September 26, 2023. | |
| 99.2 | Voting results of Annual General Meeting. | |
2
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Algoma Steel Group Inc. | ||||||
| Date: September 26, 2023 | By: | /s/ John Naccarato | ||||
| Name: John Naccarato | ||||||
| Title: Vice President Strategy and Chief Legal Officer | ||||||
3
Exhibit 99.1
MEDIA RELEASE
September 26, 2023
Algoma Steel Announces Results of Voting at
Annual Meeting of Shareholders
SAULT STE. MARIE, ONTARIO (September 26, 2023) – 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 the results of voting at its virtual annual meeting of shareholders held on September 26, 2023 (the “Meeting”).
All of the nominees listed in the management information circular prepared in connection with the Meeting were elected as directors of the Company. The Company received proxies and virtual votes at the Meeting as set out below:
| Nominee |
Votes For |
Votes Withheld |
Total Votes | |||
| Mary Anne Bueschkens |
55,557,536 | 1,702,802 | 57,260,338 | |||
| Michael Garcia |
55,925,295 | 1,335,043 | 57,260,338 | |||
| James Gouin |
54,793,765 | 2,466,573 | 57,260,338 | |||
| Andy Harshaw |
55,787,922 | 1,472,416 | 57,260,338 | |||
| Ave G. Lethbridge |
55,849,496 | 1,410,842 | 57,260,338 | |||
| Michael McQuade |
55,930,706 | 1,329,632 | 57,260,338 | |||
| Sanjay Nakra |
55,459,513 | 1,800,825 | 57,260,338 | |||
| Eric S. Rosenfeld |
55,132,099 | 2,128,239 | 57,260,338 | |||
| Gale Rubenstein |
44,233,074 | 13,027,264 | 57,260,338 | |||
| Andrew Schultz |
55,643,836 | 1,616,502 | 57,260,338 | |||
| David D. Sgro |
54,687,005 | 2,573,333 | 57,260,338 |
The Company also reports that the appointment of Deloitte LLP as the Company’s auditors for the 2023 fiscal year was passed by a majority of the votes represented at the Meeting.
The Company’s full report of voting results on matters presented at the Meeting can be found under the Company’s profile on SEDAR+ at www.sedarplus.ca and on the Securities and Exchange Commission’s EDGAR website at www.sec.gov.
Algoma Steel Inc. | 105 West Street, Sault Ste. Marie, ON, Canada P6A 7B4 | T: 705-945-2351 F: 705-945-2203 | algoma.com
YOUR PARTNER IN STEEL. SINCE 1901
About Algoma Steel Group Inc.
Based in Sault Ste. Marie, Ontario, Canada, Algoma is a fully integrated producer of hot and cold rolled steel products including sheet and plate. Driven by a purpose to build better lives and a greener future, Algoma is positioned to deliver responsive, customer-driven product solutions to applications in the automotive, construction, energy, defense, and manufacturing sectors. Algoma is a key supplier of steel products to customers in North America and is the only producer of discrete plate products in Canada. Its state-of-the-art Direct Strip Production Complex (“DSPC”) is one of the lowest-cost producers of hot rolled sheet steel (HRC) in North America.
Algoma is on a transformation journey, modernizing its plate mill and adopting electric arc technology that builds on the strong principles of recycling and environmental stewardship to significantly lower carbon emissions. Today Algoma is investing in its people and processes, working safely, as a team to become one of North America’s leading producers of green steel.
As a founding industry in their community, Algoma is drawing on the best of its rich steelmaking tradition to deliver greater value, offering North America the comfort of a secure steel supply and a sustainable future as your partner in steel.
For more information, please contact:
Michael Moraca
Treasurer & Investor Relations Officer
Algoma Steel Group Inc.
Phone: 705.945.3300
E-mail: IR@algoma.com
Algoma Steel Inc. | 105 West Street, Sault Ste. Marie, ON, Canada P6A 7B4 | T: 705-945-2351 F: 705-945-2203 | algoma.com
YOUR PARTNER IN STEEL. SINCE 1901
2
Exhibit 99.2
ALGOMA STEEL GROUP INC.
(the “Company”)
Annual General Meeting of Shareholders
Held on September 26, 2023
REPORT OF VOTING RESULTS
Pursuant to section 11.3 of National Instrument 51-102 – Continuous Disclosure Obligations, this report describes the matters decided at the 2023 Annual General Meeting of Shareholders of the Company held virtually on September 26, 2023. All matters voted upon at the Annual General Meeting of Shareholders of the Company were voted upon by proxy or virtually at the meeting. Full details of the matters are set out in the Company’s management information circular dated August 1, 2023, which is available on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov.
| 1. | ELECTION OF DIRECTORS |
Each of the following individuals were elected as directors of the Company for a term expiring at the conclusion of the next annual meeting of shareholders of the Company, or until their successors are elected or appointed. The voting results were as follows:
| Nominee |
Votes For |
% of Votes For |
Votes Withheld |
% of Votes Withheld | ||||
| Mary Anne Bueschkens |
55,557,536 | 97.03% | 1,702,802 | 2.97% | ||||
| Michael Garcia |
55,925,295 | 97.67% | 1,335,043 | 2.33% | ||||
| James Gouin |
54,793,765 | 95.69% | 2,466,573 | 4.31% | ||||
| Andy Harshaw |
55,787,922 | 97.43% | 1,472,416 | 2.57% | ||||
| Ave G. Lethbridge |
55,849,496 | 97.54% | 1,410,842 | 2.46% | ||||
| Michael McQuade |
55,930,706 | 97.68% | 1,329,632 | 2.32% | ||||
| Sanjay Nakra |
55,459,513 | 96.86% | 1,800,825 | 3.14% | ||||
| Eric S. Rosenfeld |
55,132,099 | 96.28% | 2,128,239 | 3.72% | ||||
| Gale Rubenstein |
44,233,074 | 77.25% | 13,027,264 | 22.75% | ||||
| Andrew Schultz |
55,643,836 | 97.18% | 1,616,502 | 2.82% | ||||
| David D. Sgro |
54,687,005 | 95.51% | 2,573,333 | 4.49% |
| 2. | APPOINTMENT OF AUDITOR |
Deloitte LLP was appointed as the auditor of the Company until the next annual meeting of the shareholders of the Company or until its successor is appointed and the directors of the Company were authorized to fix the remuneration of such auditor. The voting results were as follows:
| # Votes For |
% Votes For |
# Votes Withheld |
% Votes Withheld | |||
| 69,243,567 |
99.96% | 25,277 | 0.04% |
Dated this 26th day of September, 2023.
| ALGOMA STEEL GROUP INC. | ||
| By: |
“Rajat Marwah” | |
| Name: Rajat Marwah | ||
| Title: Chief Financial Officer | ||