North American Construction Group Ltd. Announces Date of Annual General and Special Meeting

Rhea-AI Summary

North American Construction Group Ltd (TSX: NOA / NYSE: NOA) announced its 2026 Annual General and Special Meeting will be held on May 20, 2026 with a record date for voting set at April 13, 2026.

The Board adopted By-Law No.3 (Advance Notice By-Law) to set deadlines and disclosure requirements for shareholder director nominations; the by-law is effective immediately but will require shareholder approval at the May 20, 2026 meeting. The full text is available on the company profile on SEDAR+.

Key Figures

AGM date: May 20, 2026 Record date: April 13, 2026 By-Law number: By-Law No.3

3 metrics

AGM date May 20, 2026 Annual General and Special Meeting of shareholders

Record date April 13, 2026 Record date for voting at the meeting

By-Law number By-Law No.3 Advance Notice By-Law adopted by the Board

Market Reality Check

Price: $13.60 Vol: Volume 107,198 is below t...

low vol

$13.60 Last Close

Volume Volume 107,198 is below the 20-day average of 161,431 (relative volume 0.66). low

Technical Price 13.80 is below the 200-day MA of 14.99 and 24.34% below the 52-week high of 18.24.

Peers on Argus

NOA was up 2.58% with mixed peers: OIS +2.68%, FET +2.51%, FTK +6.23%, NGS +4.86...

1 Up

NOA was up 2.58% with mixed peers: OIS +2.68%, FET +2.51%, FTK +6.23%, NGS +4.86%, and PUMP -1.80%, suggesting stock-specific factors rather than a uniform sector rotation.

Historical Context

5 past events · Latest: Mar 11 (Negative)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Mar 11	Q4 2025 earnings	Negative	-27.8%	Weaker Q4 results and sharply lower adjusted EPS versus prior year.
Feb 18	Earnings call notice	Neutral	+2.1%	Announcement of timing and access details for Q4 2025 results call.
Jan 21	CEO transition	Negative	-2.2%	CEO resignation and appointment of COO Barry Palmer as new CEO.
Dec 18	Australia acquisition	Positive	-5.3%	Agreement to acquire Iron Mine Contracting to expand Western Australia presence.
Nov 12	Q3 2025 earnings	Negative	-7.6%	Q3 results with margin pressure and lower adjusted EPS despite revenue growth.

Pattern Detected

Recent news often saw negative price reactions to earnings and major strategic updates, while conference notifications drew modestly positive responses.

Recent Company History

Over the last six months, NOA reported Q3 and Q4 2025 earnings with declining EPS and margins, both followed by negative reactions of up to -27.76%. Strategic moves included the announced acquisition of Iron Mine Contracting (price reaction -5.28%) and a CEO transition in January 2026 (reaction -2.16%). A February conference-call notice drew a small gain of 2.08%. Today’s governance-focused AGM and advance notice by-law news fits within this pattern of frequent corporate updates.

Market Pulse Summary

This announcement schedules the 2026 Annual General and Special Meeting for May 20, 2026 and introdu...

Analysis

This announcement schedules the 2026 Annual General and Special Meeting for May 20, 2026 and introduces an advance notice by-law governing director nominations. It formalizes deadlines and information requirements under the Canada Business Corporations Act, aiming to ensure all shareholders have adequate notice. In the context of recent earnings pressure and leadership changes, investors may monitor how this framework shapes board composition and governance discussions at the upcoming meeting.

Key Terms

annual general and special meeting, record date, advance notice by-law, canada business corporations act, +1 more

5 terms

annual general and special meeting regulatory

"its 2026 Annual General and Special Meeting of shareholders will be held on May 20"

A combined annual general and special meeting is a formal gathering of a company’s shareholders to handle routine yearly business—like approving financial statements and electing directors—and to decide on one-off or significant matters that need shareholder approval, such as major asset sales or changes to corporate rules. Investors care because votes cast there can change who runs the company, alter its strategy or capital structure, and signal broader shareholder support or opposition, much like homeowners voting on routine upkeep and a special renovation in a neighborhood association.

record date regulatory

"The record date for voting at the Annual General and Special Meeting has been set as"

The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.

advance notice by-law regulatory

"has adopted By-Law No.3 (“Advance Notice By-Law”), similar to the advance notice by-laws"

An advance notice by-law is a rule a company adopts that requires shareholders to give written notice by a set deadline before nominating board candidates or putting proposals on the agenda for a shareholder meeting. It matters to investors because it creates an orderly timeline—like an RSVP and agenda deadline—so the company can verify and share information in advance, and it can influence the ease or difficulty of mounting surprises or proxy challenges.

canada business corporations act regulatory

"proper written form in accordance with the Canada Business Corporations Act (the "Act")."

A federal Canadian law that sets the rules for forming, running and dissolving corporations incorporated under federal jurisdiction. It covers basic things like how boards and shareholders make decisions, what records must be kept, and rules for mergers and share transfers. Investors care because it defines their legal rights, how companies are governed and how corporate actions (like takeovers or dividend changes) are approved—think of it as the rulebook that shapes how their ownership is protected and how value is created or changed.

sedar+ regulatory

"The full text of the Advance Notice By-Law is available for review under NACG’s profile on SEDAR+."

SEDAR+ is Canada’s centralized online system where publicly traded companies submit required regulatory documents such as financial reports, prospectuses and disclosure statements. It gives investors a single, searchable place — like a public library or online filing cabinet — to check a company’s official records for transparency, compare performance, and verify material information before making investment decisions.

AI-generated analysis. Not financial advice.

ACHESON, Alberta, March 19, 2026 (GLOBE NEWSWIRE) -- North American Construction Group Ltd. (“NACG” or “Corporation”) (TSX: NOA / NYSE: NOA) today announced that its 2026 Annual General and Special Meeting of shareholders will be held on May 20, 2026. The record date for voting at the Annual General and Special Meeting has been set as April 13, 2026. A copy of the notice, agenda and associated materials will be distributed to shareholders by normal distribution methods prior to the meeting and will also be made available on the Corporation’s website at that time. 

The Corporation also announced that the Board of Directors has adopted By-Law No.3 (“Advance Notice By-Law”), similar to the advance notice by-laws adopted by many other Canadian public companies, to provide a clear process for shareholders to follow for director nominations and will help ensure that all shareholders receive adequate notice and information about director nominees in order to exercise their voting rights in an informed manner.

The Advance Notice By-Law establishes the conditions and framework under which registered or beneficial owners of common shares of NACG may exercise their right to submit director nominations by fixing a deadline by which such nominations must be submitted by a shareholder to NACG prior to any annual or special meeting of shareholders, and sets forth the information that a shareholder must include in the notice to NACG for the notice to be in proper written form in accordance with the Canada Business Corporations Act (the "Act").

The Advance Notice By-Law is effective immediately and will be placed before Shareholders for approval, confirmation and ratification at the next Annual and Special Meeting of Shareholders of the Corporation. Pursuant to the provisions of the Act, the Advance Notice By-Law will cease to be effective unless it is approved, ratified and confirmed by a resolution adopted by a majority of the votes cast by the shareholders of the Corporation at the Meeting.

The full text of the Advance Notice By-Law is available for review under NACG’s profile on SEDAR+.

About the Corporation

North American Construction Group Ltd. is a premier provider of heavy civil construction and mining services in Australia, Canada, and the U.S. For over 70 years, NACG has provided services to the mining, resource and infrastructure construction markets.

Forward-Looking Information

The information provided in this release contains forward-looking statements that may constitute forward-looking information and forward-looking statements within the meaning of applicable Canadian and United States securities laws (“forward-looking statements”). All such statements are made pursuant to the “safe harbour” provisions of Canadian provincial and territorial securities laws and the U.S. Private Securities Litigation Reform Act of 1995.

Forward-looking statements include all statements that are not historical facts regarding possible events, conditions or results of operations that NACG believes, expects or anticipates will or may occur in the future, including, but not limited to, failure of shareholders to ratify the Advance Notice By-Law. Although NACG believes that the expectations reflected in such forward-looking statements are reasonable, such statements involve risks and uncertainties, and NACG cautions you to not place undue reliance upon forward-looking statements. NACG undertakes no obligation, other than those required by applicable law, to update or revise such forward-looking statements. For more complete information about NACG, please read our disclosure documents filed with the SEC and the CSA. These free documents can be obtained by visiting EDGAR on the SEC website at www.sec.gov or on the CSA website at www.sedarplus.ca and on our company website at www.nacg.ca.

For more information, contact:

Jason Veenstra, CPA, CA
Chief Financial Officer
North American Construction Group Ltd.
(780) 960.7171
ir@nacg.ca
www.nacg.ca

Source: North American Construction Group Ltd.

FAQ

When is North American Construction Group Ltd's (NOA) 2026 Annual General and Special Meeting?

The meeting is scheduled for May 20, 2026. According to the company, materials including the notice and agenda will be distributed to shareholders and posted on the company website prior to the meeting.

What is the record date to determine shareholders eligible to vote at NOA's May 20, 2026 meeting?

The record date for voting is April 13, 2026. According to the company, shareholders on record that date will be eligible to vote at the Annual General and Special Meeting on May 20, 2026.

What does NOA's new Advance Notice By-Law (By-Law No.3) require for director nominations?

The by-law fixes a submission deadline and specifies required shareholder disclosure for nominations. According to the company, it sets the conditions and information a shareholder must include to submit a proper written nomination.

Is NOA's Advance Notice By-Law already effective and will it require shareholder approval?

The Advance Notice By-Law is effective immediately but requires shareholder ratification. According to the company, it will cease to be effective unless approved by a majority of votes at the May 20, 2026 meeting.

Where can investors review the full text of NOA's Advance Notice By-Law before voting?

The full text is available on SEDAR+ under the company's profile. According to the company, the by-law text can be reviewed online prior to the May 20, 2026 meeting for informed voting.

How will NOA provide meeting materials and information to shareholders for the May 20, 2026 meeting?

Meeting notice, agenda and associated materials will be distributed by normal methods and posted online. According to the company, shareholders will receive materials prior to the May 20, 2026 meeting and they will be available on the company website.