ALGOMA

EduGlobal College Launches Unique Pathway Program with Algoma University in Canada

Retrieved on: 
Tuesday, May 24, 2022
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The pathway program with Algoma, called the International Undergraduate Pathways Program (iUPP), equips students with the skills and proficiencies needed for success at the university level and guarantees admission at Algoma in their second year in an undergraduate program of their choice.

Key Points: 
  • The pathway program with Algoma, called the International Undergraduate Pathways Program (iUPP), equips students with the skills and proficiencies needed for success at the university level and guarantees admission at Algoma in their second year in an undergraduate program of their choice.
  • Algoma University ("Algoma") is a public university located in Sault Ste.
  • EduGlobal College ("EduGlobal") is a private college located in the metro area of Vancouver, British Columbia, Canada.
  • EduGlobal also offers students an innovative model for bridging the gap between private and public sector post-secondary education in Canada through its pathway program.

Algoma Steel Awards Building Contract to Walters Group

Retrieved on: 
Monday, April 25, 2022
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MARIE, Ontario, April 25, 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, today announced that it has awarded the structural building contract for its electric arc steelmaking facility (EAF) to Hamilton, ON-based Walters Group Inc. (Walters).

Key Points: 
  • MARIE, Ontario, April 25, 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, today announced that it has awarded the structural building contract for its electric arc steelmaking facility (EAF) to Hamilton, ON-based Walters Group Inc. (Walters).
  • Walters will be responsible for fabricating and erecting the main building structure in addition to the necessary dust collection hoods.
  • Marie, Ontario, Canada, Algoma is a fully integrated producer of hot and cold rolled steel products including sheet and plate.
  • Algoma is a key supplier of steel products to customers in Canada and Midwest USA and is the only producer of plate steel products in Canada.

Algoma University Selects Ellucian SaaS Solutions To Upgrade Technology Operations

Retrieved on: 
Wednesday, April 20, 2022
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SAULT STE. MARIE, ON and RESTON, Va., April 20, 2022 /PRNewswire/ -- Ellucian, the leading higher education technology solutions provider, today announced that Algoma University has chosen Ellucian Colleague SaaS to modernize its technology operations. A new Ellucian customer, Algoma University joins more than 1,100 institutions worldwide in the cloud with Ellucian and more than 500 institutions in the cloud with their full Student Information System (SIS)/Enterprise Resource Planning (ERP).

Key Points: 
  • MARIE, ON and RESTON, Va., April 20, 2022 /PRNewswire/ --Ellucian, the leading higher education technology solutions provider, today announced that Algoma University has chosen Ellucian Colleague SaaS to modernize its technology operations.
  • Algoma University will implement Ellucian Colleague SaaS, a comprehensive, cloud-based ERP to support the institution's digital transformation, leading to an enhanced student experience featuring a modern learning environment.
  • "Algoma University is very excited to be embarking on this new relationship with Ellucian," shared Vice President of Finance and Operations, Algoma University, Shannon Brooks.
  • "By implementing Ellucian Colleague SaaS, Algoma will modernize its operations to create a better user experience for students, faculty, and staff leading to overall increased student success.

Algoma Central Corporation to Hold 2022 Annual General Meeting of Shareholders Virtually on May 4, 2022

Retrieved on: 
Wednesday, April 20, 2022
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Algoma Central Corporation (TSX: ALC) (TSX: ALC.DB.A) is pleased to announce that the 2022 annual general meeting of shareholders will be held virtually via a live webcast available at www.virtualshareholdermeeting.com/ALC2022 on Wednesday May 4, 2022 at the hour of 11:30 a.m. (EDT).

Key Points: 
  • Algoma Central Corporation (TSX: ALC) (TSX: ALC.DB.A) is pleased to announce that the 2022 annual general meeting of shareholders will be held virtually via a live webcast available at www.virtualshareholdermeeting.com/ALC2022 on Wednesday May 4, 2022 at the hour of 11:30 a.m. (EDT).
  • Our Board of Directors considers the appropriate format for our annual meeting of shareholders on an annual basis.
  • This virtual format allows registered shareholders and duly appointed proxyholders to submit questions and comments and to vote during the meeting.
  • We believe the benefits of a virtual meeting allow our shareholders to have robust engagement with the Company, and is in the best interests of our shareholders.

Algoma Steel Announces Appointment of New CEO upon Retirement of Michael McQuade

Retrieved on: 
Monday, April 18, 2022
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MARIE, Ontario, April 18, 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 the appointment of Michael Garcia as Chief Executive Officer (CEO) effective June 1st, 2022 upon the retirement of current CEO Michael McQuade.

Key Points: 
  • MARIE, Ontario, April 18, 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 the appointment of Michael Garcia as Chief Executive Officer (CEO) effective June 1st, 2022 upon the retirement of current CEO Michael McQuade.
  • Mr. McQuade will continue to serve on the Companys board of directors (the Board) and Mr. Garcia will also join the Board concurrent with his appointment as CEO.
  • He has set Algoma on secure footing as the company advances its sustainability agenda and embarks on its transformation to electric arc steelmaking.
  • Mr. Harshaw added, I am excited to announce Michael Garcia will be joining Algoma as Chief Executive Officer.

Algoma Steel Comments on Ontario’s Recently Announced Northern Energy Advantage Program

Retrieved on: 
Friday, April 8, 2022
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MARIE, ONTARIO, April 08, 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 commented on Ontarios newly announced Northern Ontario Energy Advantage Program (NEAP), an important program for Algoma as it pursues its transition to electric arc furnace (EAF) steelmaking.

Key Points: 
  • MARIE, ONTARIO, April 08, 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 commented on Ontarios newly announced Northern Ontario Energy Advantage Program (NEAP), an important program for Algoma as it pursues its transition to electric arc furnace (EAF) steelmaking.
  • Ontarios clean energy grid is known as one of the lowest carbon emitting power supplies across North America.
  • Algoma is a key supplier of steel products to customers in Canada and Midwest USA and is the only producer of plate steel products in Canada.
  • Our customer focus, growing capability and courage to meet the industrys challenges head-on position us firmly as your partner in steel.

Algoma Steel Provides Fiscal Fourth Quarter 2022 Guidance

Retrieved on: 
Wednesday, March 23, 2022
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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 fourth quarter 2022.

Key Points: 
  • 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 fourth quarter 2022.
  • Fiscal fourth quarter 2022 shipments are expected to be in a range of 540,000 to 550,000 tons, and Adjusted EBITDA is expected to be in a range of CAD$310 million to CAD$320 million.
  • The fourth quarter outlook includes the impact of the work stoppage at Canadian Pacific Railway that began March 20, 2022.
  • Additionally, Algoma expects to end the quarter with above average work in process and finished goods inventories to fulfill deferred shipments in future periods.

Algoma Steel Group Announces Approval of Normal Course Issuer Bid

Retrieved on: 
Tuesday, March 1, 2022
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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 Companys intention to make a normal course issuer bid (NCIB) for a portion of its common shares (Shares) as appropriate opportunities arise from time to time.

Key Points: 
  • 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 Companys intention to make a normal course issuer bid (NCIB) for a portion of its common shares (Shares) as appropriate opportunities arise from time to time.
  • 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.
  • Algoma is a key supplier of steel products to customers in Canada and Midwest USA and is the only producer of plate steel products in Canada.

Algoma Steel Group to Present at the BMO 31st Global Metals & Mining Conference

Retrieved on: 
Friday, February 25, 2022
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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 present at the BMO 31st Global Metals & Mining Conference on Tuesday, March 1, 2022 at 9:30 a.m. Eastern Time.

Key Points: 
  • 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 present at the BMO 31st Global Metals & Mining Conference on Tuesday, March 1, 2022 at 9:30 a.m. Eastern Time.
  • Marie, Ontario, Canada, Algoma is a fully integrated producer of hot and cold rolled steel products including sheet and plate.
  • Algoma is a key supplier of steel products to customers in Canada and Midwest USA and is the only producer of plate steel products in Canada.
  • Our customer focus, growing capability and courage to meet the industrys challenges head-on, position us firmly as your partner in steel.

Elite Education's EduGlobal College Enters into Agreement with Algoma University to Create a Transfer Pathway for International Students

Retrieved on: 
Tuesday, February 1, 2022
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MIDDLETOWN, Ohio, Feb. 1, 2022 /PRNewswire/ -- Elite Education Group International Limited (Nasdaq: EEIQ), (the "Company" or "Elite Education Group"), a provider of comprehensive education solutions for domestic and international students interested in college and university programs in the US, Canada and the UK, today announced that EduGlobal College ("EduGlobal"), in whom its wholly owned subsidiary in Canada, Highrim Holding International Limited, recently acquired 80% of its issued and outstanding shares, previously signed an Academic Articulation Agreement (the "Agreement") with Algoma University ("Algoma"). The Agreement establishes a seamless pathway for EduGlobal students who have successfully completed its International Undergraduate Pathways Program (iUPP) and the English for Academic Purposes (EAP) Program to complete baccalaureate degrees and graduate certificates at Algoma's campuses in Brampton and Sault Ste. Marie. It is anticipated that EduGlobal and Algoma will welcome their first intake of international students in May 2022. The Agreement is an important element of the Company's strategic plan, and Elite Education is intent upon exploring additional opportunities to expand into the Canadian education market.

Key Points: 
  • It is anticipated that EduGlobal and Algoma will welcome their first intake of international students in May 2022.
  • Sylvester Chen, President and CEO of EduGlobal College, commented, "The academic relationship with Algoma University creates the template for the future of academic advancement for our international students.
  • The Agreement was also announced on Algoma's website, where Asima Vezina, President and Vice-Chancellor of Algoma University, stated, "We are committed to the academic success of our growing international student body at Algoma University.
  • EduGlobal believes that it is creating the template for an academically sustainable ecosystem for international students.