Maxim Power Corp T.MXG

Alternate Symbol(s): MXGFF

Utilities Utilities - Independent Power Producers

Maxim Power Corp. is a Canada-based independent power producer, which is focused entirely on power projects in Alberta. The Company acquires or develops, owns and operates power and power related projects in Alberta. The Company’s core asset is the 300-megawatt (MW) H.R. Milner Plant, M2, in Grande Cache, AB, which is a combined cycle gas-fired power plant. It also explores additional development options in Alberta, including its permitted gas-fired generation project and the permitting of its wind power generation project. The Combined Cycle Gas Turbine (CCGT) expansion of M2 captures waste heat that would otherwise exhaust into the atmosphere and converts it into low carbon dispatchable electricity for the Alberta power grid. In total, it has about 600 MW of natural gas and wind development projects at various stages. Summit Coal LP is a wholly owned subsidiary of the Company that owns metallurgical coal leases for Mine 14 and Mine 16S located north of Grande Cache, Alberta.

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Maxim Power Corp > Summit Coal / Valory - AER Tracking

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Post by longrun86on May 03, 2024 1:15pm

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Post# 36022009

Summit Coal / Valory - AER Tracking

Hi folks,

Seemingly we will find out relatively soon is Summit Coal is worth some money to Maxim.

The AER application information can be found here >>> https://dds.aer.ca/iar_query/ApplicationAttachments.aspx?AppNumber=1945552

As per the April 29th response from the AER, they are requesting additional information regarding the wildlife and water management plan. The deadline for them to respond is next week.

Valory put out an investor video on Youtube which provides very detailed information on the project and the plan. This video can be found here >>> https://www.youtube.com/watch?v=Y5abCVveeAg

Stay tuned for more!

LR

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