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 longrun86on Feb 11, 2025 3:29pm

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Post# 36448400

RE:Maxim Power Corp. Receives Notice from Valory Resources Inc

So the cash payment (net) is about $0.12 per share and the royalty stream (3%) is still unknown. Getting the royalty in $USD sure is better than getting it in Canadian (Tire) money.

The key will be to determine what Valory's plans are regarding operations ramp up.

Happy to see that this is worth something.

LR

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