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Maxim Power Corp
1800, 715 - 5th Avenue S.W.
Phone: (403) 263-3021p:403 263-3021 CALGARY, AB  T2P 2X6  Canada Ticker: MXGMXG
Business Summary
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.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/202412/31/2023Yes----

Industries
SIC Code Description
4911 Electric services

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Non-Executive Chairman of the Board M. BruceChernoff 12/31/2023 3/1/2005
President, Chief Executive Officer RobertEmmott 1/1/2024 12/1/2018
Independent Vice Chairman of the Board W. BrettWilson 11/23/2018 3/1/2005
7 additional Officers and Directors records available in full report.

Business Names
Business Name
MXG
MXPW
Summit Coal Inc.

General Information
Number of Employees: 44 (As of 12/31/2023)
Outstanding Shares: 63,638,577 (As of 11/13/2024)
Shareholders: 1,280
Stock Exchange: TSE
Fax Number: (403) 263-9125


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Wednesday, November 20, 2024