M&A Deal Summary

Valory Resources Acquires Summit Coal

On April 29, 2025, Valory Resources acquired metals/mining company Summit Coal from Maxim Power for 14M USD

Acquisition Highlights
  • This is Valory Resources’ 1st transaction in the Metals/Mining sector.
  • This is Valory Resources’ largest (disclosed) transaction.
  • This is Valory Resources’ 1st transaction in Canada.
  • This is Valory Resources’ 1st transaction in Alberta.

M&A Deal Summary

Date 2025-04-29
Target Summit Coal
Sector Metals/Mining
Buyer(s) Valory Resources
Sellers(s) Maxim Power
Deal Type Divestiture
Deal Value 14M USD

Target

Summit Coal

Calgary, Alberta, Canada
Summit Coal manages is a coal mining company, focusing on the extraction and production of coking coal essential for steel manufacturing. Summit Coal is based in Calgary, Alberta.

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Buyer(S) 1

Buyer

Valory Resources

Vancouver, British Columbia, Canada

Category Company
Sector Metals/Mining
DESCRIPTION

Valory Resources is a Canadian resources company focused on the development of hard coking coal projects in western Canada. Valory Resources is based in Vancouver British Columbia.


DEAL STATS #
Overall 1 of 1
Sector: Metals/Mining M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Alberta M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2025 M&A 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Maxim Power

Calgary, Alberta, Canada

Category Company
Founded 2010
Sector Renewable Energy
Employees46
Revenue 101M CAD (2024)
DESCRIPTION

Maxim Power is an independent power producer that acquires or develops, owns, and operates innovative and environmentally responsible power and power-related projects. MAXIM currently owns and operates 39 power plants in Alberta, the United States, and France, having 778 MW of electric generating capacity. MAXIM provides innovative distributed power solutions in domestic and international energy markets. Maxim Power was founded in 2010 and is based in Calgary, Alberta.


DEAL STATS #
Overall 2 of 2
Sector: Metals/Mining M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
State: Alberta M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2025 M&A 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-13 Maxim Power

Carson City, Nevada, United States

Maxim Power owns and operates five natural gas-fired electric generation facilities. Maxim Power is based in Carson City, Nevada.

Sell $106M