<SEC-DOCUMENT>0001058854-25-000008.txt : 20250814
<SEC-HEADER>0001058854-25-000008.hdr.sgml : 20250814
<ACCEPTANCE-DATETIME>20250814191604
ACCESSION NUMBER:		0001058854-25-000008
CONFORMED SUBMISSION TYPE:	SCHEDULE 13G
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20250814
DATE AS OF CHANGE:		20250814

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			North American Construction Group Ltd.
		CENTRAL INDEX KEY:			0001368519
		STANDARD INDUSTRIAL CLASSIFICATION:	OIL, GAS FIELD SERVICES, NBC [1389]
		ORGANIZATION NAME:           	01 Energy & Transportation
		EIN:				000000000
		STATE OF INCORPORATION:			A0
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-82223
		FILM NUMBER:		251221861

	BUSINESS ADDRESS:	
		STREET 1:		27287 100 AVENUE
		CITY:			ACHESON
		STATE:			A0
		ZIP:			T7X 6H8
		BUSINESS PHONE:		780-960-7171

	MAIL ADDRESS:	
		STREET 1:		27287 100 AVENUE
		CITY:			ACHESON
		STATE:			A0
		ZIP:			T7X 6H8

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	North American Energy Partners Inc.
		DATE OF NAME CHANGE:	20061129

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NORTH AMERICAN ENERGY PARTNERS INC.
		DATE OF NAME CHANGE:	20061129

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NACG Holdings Inc.
		DATE OF NAME CHANGE:	20060707

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CANNELL CAPITAL LLC
		CENTRAL INDEX KEY:			0001058854
		ORGANIZATION NAME:           	
		EIN:				943366999
		STATE OF INCORPORATION:			WY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G

	BUSINESS ADDRESS:	
		STREET 1:		245 MERIWETHER CIRCLE
		CITY:			ALTA
		STATE:			WY
		ZIP:			83414
		BUSINESS PHONE:		4158358300

	MAIL ADDRESS:	
		STREET 1:		245 MERIWETHER CIRCLE
		CITY:			ALTA
		STATE:			WY
		ZIP:			83414

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CANNELL J CARLO DBA CANNELL CAPITAL MGMT
		DATE OF NAME CHANGE:	19980330
</SEC-HEADER>
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<TYPE>SCHEDULE 13G
<SEQUENCE>1
<FILENAME>primary_doc.xml
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    <coverPageHeader>
      <securitiesClassTitle>NORTH AMERICAN CONSTRUCTION GROUP, LTD.</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>06/30/2025</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0001368519</issuerCik>
        <issuerName>North American Construction Group Ltd.</issuerName>
        <issuerCusip>656811106</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <com:street1>27287 100 AVENUE</com:street1>
          <com:city>ACHESON</com:city>
          <com:stateOrCountry>CA</com:stateOrCountry>
          <com:zipCode>T7X 6H8</com:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
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        <designateRulePursuantThisScheduleFiled>Rule 13d-1(b)</designateRulePursuantThisScheduleFiled>
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      <reportingPersonName>CANNELL CAPITAL LLC</reportingPersonName>
      <citizenshipOrOrganization>WY</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>1547321.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>1547321.00</sharedDispositivePower>
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      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>1547321.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <classPercent>5.1</classPercent>
      <typeOfReportingPerson>IA</typeOfReportingPerson>
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      <reportingPersonName>CANNELL J CARLO</reportingPersonName>
      <citizenshipOrOrganization>WY</citizenshipOrOrganization>
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        <issuerName>North American Construction Group Ltd.</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>27287 100 AVENUE, ACHESON, CALIFORNIA, T7X 6H8</issuerPrincipalExecutiveOfficeAddress>
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      <item2>
        <filingPersonName>Cannell Capital LLC</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>245 Meriwether Circle, Alta, WY 83414</principalBusinessOfficeOrResidenceAddress>
        <citizenship>Wyoming, USA</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>N</notApplicableFlag>
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      <item4>
        <amountBeneficiallyOwned>1,547,321</amountBeneficiallyOwned>
        <classPercent>5.12</classPercent>
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      </item4>
      <item5>
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        <notApplicableFlag>Y</notApplicableFlag>
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        <notApplicableFlag>Y</notApplicableFlag>
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        <notApplicableFlag>Y</notApplicableFlag>
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      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
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      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under &amp;#167; 240.14a-11.

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      </item10>
    </items>
    <signatureInformation>
      <reportingPersonName>CANNELL CAPITAL LLC</reportingPersonName>
      <signatureDetails>
        <signature>/s/ J. Carlo Cannell</signature>
        <title>Managing Member</title>
        <date>08/14/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>CANNELL J CARLO</reportingPersonName>
      <signatureDetails>
        <signature>/s/ J. Carlo Cannell</signature>
        <title>Self</title>
        <date>08/14/2025</date>
      </signatureDetails>
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