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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 tinkvidon Dec 05, 2024 2:00pm
106 Views
Post# 36347652

RE:RE:Good New for Shareholders.

RE:RE:Good New for Shareholders.

Here is some unrelated and indirect news regarding the permits and public forum with regards to coal. Money is flowing to Alberta and NOT just for Canada's most important oil and gas sector.

https://www.msn.com/en-ca/news/canada/crowsnest-pass-voted-for-coal-other-alberta-communities-don-t-all-share-the-enthusiasm/ar-AA1uNZSj?ocid=BingNewsVerp

https://www.mining.com/gina-rinehart-closer-to-opening-contested-coal-mine-in-canada/

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I was on the AER website and there seems to be some forward movement on Summit with a deadline of January 6th. I'm not sure what the rest of the timeline is, but at least it's something!


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