Maple Rock Capital Partners Inc. and Xavier Majic Schedule 13G Filing for Algoma Steel Group Inc.

Maple Rock Capital Partners Inc. and Xavier Majic have filed a Schedule 13G with the SEC, indicating that they no longer hold common shares of Algoma Steel Group Inc. for the purpose of influencing control of the issuer. The filing, dated August 28, 2025, amends a previous Schedule 13D filed on October 25, 2024. The Reporting Persons collectively own 10,430,818 common shares, representing 9.9% of the outstanding shares. The filing is made pursuant to Rule 13d-1(h) under the Securities Exchange Act of 1934. The Reporting Persons disclaim beneficial ownership of the shares except to the extent of their pecuniary interest.