Press release
Algoma Steel donates C$120,000 to support United Way’s Harvest Algoma
SAULT STE. MARIE, Ontario, Sept. 19, 2023 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading
About this update from Algoma Steel Group Inc.
[{"type":"text","content":"SAULT STE. MARIE, Ontario, Sept. 19, 2023 (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, announced today that as part of its longstanding support of the United Way, it is making a C$120,000 donation spread over three years to the United Way’s Harvest Algoma project. The United Way’s Harvest Algoma, a hub for food rescue, preparation and production, gathers food donations and distributes them across the community of Sault St. Marie to over 70 partner agencies. Algoma’s donation follows a call for community support to help Harvest Algoma secure a three-year funding commitment required to continue operations. Michael Garcia, the Company’s Chief Executive Officer, commented, “We are proud to join with others in our community to enable Harvest Algoma to continue its vital work fostering food security. We believe in building better lives together and are inspired by the work of Harvest Algoma to facilitate a cross community effort to help feed local families.” Algoma is a founding and leading corporate supporter of the United Way. The partnership, which dates back more than 60 years, is driven by the passion of Algoma’s employees to mobilize collective action to improve lives and build community. Further details of Algoma’s community investment program are available in Algoma’s recently published Environmental Social and Governance Report available at www.algoma.com. Cautionary Note Regarding Forward-Looking Statements This news release contains “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and “forward-looking information” under applicable Canadian securities legislation (collectively, “forward-looking statements”), that are subject to risks and uncertainties. These forward-looking statements include information about possible or assumed future results of the Company’s business, financial condition, results of operations, liquidity, plans and strategic objectives, Algoma’s working towards lower carbon emissions and objectives to become one of North America’s leading producers of green steel and to deliver value. In some cases, readers can identify forward-looking statements by the words “believe,” “project,” “expect,” “anticipate,” “target...