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

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Comment by tinkvidon Jan 24, 2025 8:41am

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Post# 36418610

RE:Coal moratorium lifted

I saw a publication where Valory Resources GM Corporate Finance applauded the decision so it tells me they are working behind the scenes to prepare for the purchase of Mine 14.

Prairie Lights Power project will need to be extended in March 2025.

The share price of MXG has been in another distribution period and now in a tight range....Maybe we get an update next week?

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