. July 15, 2024 11:00 AM EDT | Source: CDN Maverick Capital Corp. Highlights from the updated Technical Report include: Measured and Indicated Expansion The new MRE at the Rio Grande Project contains a total resource of approximately 4.7 million Mt of LCE with concentration estimated at 525 mg/l, resulting in an increase of 24% compared to the previously estimated MRE of approximately 3.8 million Mt that was disclosed in NOAL's press release dated May 29, 2024. NOA is a lithium exploration and development c ...

On June 12, 2024, NOAL was required to make a payment of US$250,000 in cash and US$250,000 in NOAL shares. However, CDN Maverick elected to receive US$50,000 cash and increase the share portion to US$450,000 worth in NOAL shares. All details regarding the original property transaction are set forth in the Company's news release dated May 8, 2023. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/4568/213629_5a7691f004d7486a_001full.jpg CDN Maverick is also plea ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of analysis on key valuation metrics t ...

About the Company | | Outcome | Votes | Withheld or | | --- | --- | --- | --- | | | | For | Against | | Election of Martin R. Ferron as director | Passed | 99.27% | 0.73% | | Election of Vanessa A. Guthrie as director | Passed | 98.84% | 1.16% | | Election of Joseph C. Lambert as director | Passed | 98.91% | 1.09% | | Election of Bryan D. Pinney as director | Passed | 99.21% | 0.79% | | Election of John J. Pollesel as director | Passed | 99.89% | 0.11% | | Election of Maryse C. Saint-Laurent as director | P ...

ACHESON, Alberta, May 16, 2024 (GLOBE NEWSWIRE) -- North American Construction Group Ltd. ("NACG" or "the Company") (TSX:NOA/NYSE:NOA) today announced the results of its Annual Meeting of Shareholders held on May 15, 2024. Shareholders elected directors, approved the appointment of KPMG LLP as the independent auditors of the Company and approved a non-binding advisory vote regarding the Company's approach to executive compensation. The following are the results of the votes held at the meeting: | | Outcome ...

North American Construction (NOA) came out with quarterly earnings of $0.58 per share, missing the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.71 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -6.45%. A quarter ago, it was expected that this heavy construction and mining services company would post earnings of $0.70 per share when it actually produced earnings of $0.64, delivering a surprise o ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are unde ...

The latest trading session saw North American Construction (NOA) ending at $22.07, denoting a +1.28% adjustment from its last day's close. The stock exceeded the S&P 500, which registered a gain of 1.02% for the day. Elsewhere, the Dow saw an upswing of 0.4%, while the tech-heavy Nasdaq appreciated by 2.03%.The heavy construction and mining services company's shares have seen a decrease of 2.2% over the last month, surpassing the Construction sector's loss of 6.08% and the S&P 500's loss of 3.15%.The upcomi ...

Financial Performance - Combined revenue for 2023 reached $1,273.6 million, a 20.8% increase from $1,054.3 million in 2022[7] - Adjusted EBITDA for 2023 was $296.9 million, up from $245.3 million in 2022, reflecting a 21.1% growth[7] - Adjusted EPS increased to $2.83 in 2023, compared to $2.41 in 2022, marking a 17.5% rise[7] - Net debt increased to $720.9 million in 2023, up from $355.8 million in 2022[7] Project Revenue and Growth - The Australian business generated approximately $150 million in revenue in 2023, with expectations to increase to ~$575 million in 2024[14] - The Fargo flood diversion project achieved ~$120 million in revenue in 2023, with projections of over $175 million for 2024[12] - The company is currently bidding on projects worth $9 billion, indicating strong demand in the market[17] - The company plans to allocate $55 to $70 million for growth capital in the Australian fleet for 2024[18] Safety and Environmental Goals - The Total Recordable Injury Rate (TRIR) for 2023 was 0.29, significantly below the industry target of 0.50[10] - NACG aims to achieve a 10% reduction in scope 1 emissions intensity by 2025 and a 20% reduction by 2028[36] - The company targets a Total Recordable Injury Rate (TRIR) of 0.5 or less, emphasizing that all workplace incidents are preventable[37] - NACG's commitment to health, safety, and environmental protection aims for zero incidents in its operations[32] Sustainability and Diversity Initiatives - NACG is committed to achieving 30% gender diversity on both the Board of Directors and among senior leadership[35] - The 2023 Sustainability Report has been released, with plans for the 2024 report to be issued in the first half of the year[34] - The company emphasizes a culture of sustainability that balances environmental, social, and economic performance as key to long-term success[33] - NACG is focused on advancing sustainability goals through tangible projects and formal systems that align with its values[33] Operational Strategies - Operational priorities for 2024 include achieving equipment utilization targets and implementing best practices at the MacKellar Group[40] - NACG will leverage telematics to improve operational performance and mechanical availability of ultra-class and 240-tonne haul truck fleets[40] - NACG plans to enhance its reputation for operational excellence by improving site conditions and fleet maintenance strategies[38] Challenges and Responses - The Nuna joint venture faced challenges, resulting in an EBITDA shortfall of approximately $7.5 million, prompting a turnaround plan[15]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Commission File Number 001-33161 NORTH AMERICAN CONSTRUCTION GROUP LTD. 27287 - 100 Avenue Acheson, Alberta T7X 6H8 (780) 960-7171 (Address of principal executive offices) 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 November 2023 Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. ...