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ADF Group Up 15% After Signing C$127 Million in New Contracts in US

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ADF Group (DRX.TO) shares rose 15% after the signing of C$127 million in new contracts for the fabrication of various steel structures and heavy steel components, all in the U.S., it said in a statement on Tuesday.

The company's plants in Terrebonne, Quebec, and Great Falls, Montana, will be used to complete these projects. New contracts will be completed by the end of 2028, ADF said.

Shares of the company were last seen up C$2.35 at C$17.30 on the Toronto Stock Exchange.

Price: $17.23, Change: $+2.18, Percent Change: +14.49%

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