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Bullboard - Stock Discussion Forum Maxim Power Corp MXGFF


Primary Symbol: T.MXG

Maxim Power Corp. is an independent power producer. The Company is focused entirely on power projects in Alberta. Its core asset, the 300 megawatts (MW) H.R. Milner Plant, M2, in Grande Cache, AB, is a combined cycle gas-fired power plant. The Company continues to explore additional development options in Alberta, including its permitted gas-fired generation projects and the permitting of its... see more

TSX:MXG - Post Discussion

Maxim Power Corp > Summit Coal / Valory - AER Tracking
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Post by longrun86 on May 03, 2024 1:15pm

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
Comment by tinkvid on May 07, 2024 12:52pm
Nobody pricing in the Value of The coal assets...I think Valory is contemplating a public listing. Awaiting Q1 results.
Comment by longrun86 on May 07, 2024 5:19pm
Agreed, no value of the Coal assets being priced. I am keeping an eye on the AER filings. Valory indicated in the video they would either do a private placement or a public listing. I would imagine that this is dependent on getting the AER approvals in place. I am expecting some big things from Maxim over the next few quarters. LR
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