Algoma Steel reissues first-quarter results

Algoma Steel Inc. has reissued its first-quarter report to shareholders.

Results for the two-month post-restructuring period that ended March 31 are unchanged, but the newly issued report was necessary to comply with regulatory requirements.

The company was required to include comparative financial statements, excepting the statement of financial position, for periods prior to Algoma's restructuring in January, and to apply fresh-start accounting as of January 31.

The reissued first-quarter report is to be mailed to shareholders along with the second-quarter results.

The amended report can be accessed (Acrobat Reader required) by clicking here.

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