6-K
North American Construction Group Ltd. (NOA)
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 February 2025
Commission File Number: 001-33161
North American Construction Group Ltd. (Translation of registrant's name into English)
North American Energy Partners Inc. (Former Name)
27287- 100 Avenue Acheson, Alberta T7X 6H8 (Address of principal executive office)
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 [ X ]
Documents Included as Part of this Report
| Exhibit No. | Description |
|---|---|
| 99.1 | North American Construction Group Ltd. Announces the Completion of Its Redemption of Its 5.5% Convertible Debentures Due June 30, 2028 |
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.
| North American Construction Group Ltd. | ||
|---|---|---|
| Date: February 28, 2025 | By: | /s/ Joe Lambert |
| Name: | Joe Lambert | |
| Title: | President and CEO |
EdgarFiling EXHIBIT 99.1
North American Construction Group Ltd. Announces the Completion of Its Redemption of Its 5.5% Convertible Debentures Due June 30, 2028
ACHESON, Alberta, Feb. 28, 2025 (GLOBE NEWSWIRE) -- North American Construction Group Ltd. (“NACG” or “the Company”) (TSX:NOA/NYSE:NOA) is pleased to announce the completion of its redemption of its 5.5% Convertible Debentures due June 30, 2028 (the “Debentures”) on February 28, 2025 (the “Redemption Date”).
On January 29, 2025, the Company issued a notice of redemption to the holders of the Debentures to redeem all issued and outstanding Debentures at a redemption price equal to their principal amount, plus accrued and unpaid interest thereon up to, but excluding, the Redemption Date. Holders of the Debentures had the option to convert such Debentures into common shares of the Company (“Common Shares”) prior to the Redemption Date at a price of $24.23 per Common Share. $72,749,000 principal amount of Debentures were converted into Common Shares between January 29, 2025 and the Redemption Date. On the Redemption Date, Debentures in the principal amount of $1,357,000 were redeemed by the Company.
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 www.nacg.ca.
For further information contact: Jason Veenstra, CPA, CA Chief Financial Officer North American Construction Group Ltd. (780) 948-2009 jveenstra@nacg.ca www.nacg.ca