ADF Group Signs New Contracts in Canada and in the United States Worth CA$82 Million

09:22 AM EDT, 10/15/2026 (MT Newswires) -- ADF Group (DRX.TO) signed a series of new contracts in Canada and in the United States totaling CA$82 million, it said Thursday. The largest project among these, signed in Western Canada, involves the fabrication of various steel structures in the hydroelectric sector and subject to a fast-track schedule, the fabrication work will start in March 2027 and will extend over a nine-month period, said the company. The contracts also include contracts signed in Quebec, in Ontario and in the Atlantic provinces, and all in the hydroelectric sector, said the company. Most of these contracts will begin in December 2026 and will extend over the next 18 months, it added. "The corporation has also signed a contract in the recreational sector in the U.S. West Coast with a client for whom ADF recently successfully delivered a major contract in the same sector of activity, also in the western USA," said the company. "This contract will begin in the coming months." ADF Group said its fabrication plants in Terrebonne, Quebec, Groupe LAR's fabrication plant in Metabetchouan-Lac-a-la-Croix, and ADF's plant in Great Falls, Montana, USA, will be involved in carrying out all the new projects. The company's shares, up 98% over the past 12 months, closed down CA$0.14 to CA$14.96 Wednesday on the Toronto Stock Exchange.