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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.


TSX:MXG - Post by User

Maxim Power Corp
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Post by Betteryear2on May 07, 2024 6:41pm
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Post# 36027785

Maxim Power Corp. Announces 2024 First Quarter

Maxim Power Corp. Announces 2024 First Quarter CALGARY, Alberta, May 07, 2024 (GLOBE NEWSWIRE) -- Maxim Power Corp. ("MAXIM" or the "Corporation") (TSX: MXG) announced today the release of financial and operating results for the first quarter ended March 31, 2024. The unaudited condensed consolidated interim financial statements, accompanying notes and Management’s Discussion and Analysis (“MD&A”) will be available on SEDAR+ and on MAXIM's website on May 7, 2024. All figures reported herein are Canadian dollars unless otherwise stated.

Maxim Power Corp. Announces 2024 First Quarter Financial (globenewswire.com)
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