Camber Energy Completes Strategic Alliance in Power Generation Division
Camber Energy (OTCQB:CEIN) has announced the completion of a strategic transaction with T&T Power Group and Simson-Maxwell in the power generation sector. The deal, effective April 1, 2025, establishes T&T and Viking Energy Group (Camber's wholly-owned subsidiary) as co-owners of Simson-Maxwell.
T&T Power Group brings over 40 years of experience in power generation and electrical distribution across Canada, operating from 11 locations. Simson-Maxwell, with 80+ years in the industry, operates from seven locations across Western Canada, specializing in power generation, industrial engines, and electrical control solutions.
The transaction structure involved T&T subscribing for shares directly from Simson-Maxwell and purchasing shares from other shareholders, with Viking maintaining its existing position without buying or selling shares.
Camber Energy (OTCQB:CEIN) ha annunciato il completamento di una transazione strategica con T&T Power Group e Simson-Maxwell nel settore della generazione di energia. L'accordo, che entrer脿 in vigore il 1 aprile 2025, stabilisce T&T e Viking Energy Group (sussidiaria interamente controllata da Camber) come co-proprietari di Simson-Maxwell.
T&T Power Group porta con s茅 oltre 40 anni di esperienza nella generazione di energia e distribuzione elettrica in Canada, operando da 11 sedi. Simson-Maxwell, con oltre 80 anni nel settore, opera da sette sedi in Canada occidentale, specializzandosi nella generazione di energia, motori industriali e soluzioni di controllo elettrico.
La struttura della transazione prevedeva che T&T sottoscrivesse azioni direttamente da Simson-Maxwell e acquistasse azioni da altri azionisti, mentre Viking mantenesse la sua posizione esistente senza acquistare o vendere azioni.
Camber Energy (OTCQB:CEIN) ha anunciado la finalizaci贸n de una transacci贸n estrat茅gica con T&T Power Group y Simson-Maxwell en el sector de generaci贸n de energ铆a. El acuerdo, que entrar谩 en vigor el 1 de abril de 2025, establece a T&T y Viking Energy Group (filial de propiedad total de Camber) como co-propietarios de Simson-Maxwell.
T&T Power Group aporta m谩s de 40 a帽os de experiencia en generaci贸n de energ铆a y distribuci贸n el茅ctrica en Canad谩, operando desde 11 ubicaciones. Simson-Maxwell, con m谩s de 80 a帽os en la industria, opera desde siete ubicaciones en el oeste de Canad谩, especializ谩ndose en generaci贸n de energ铆a, motores industriales y soluciones de control el茅ctrico.
La estructura de la transacci贸n implic贸 que T&T suscribiera acciones directamente de Simson-Maxwell y comprara acciones de otros accionistas, mientras que Viking manten铆a su posici贸n existente sin comprar ni vender acciones.
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Camber Energy (OTCQB:CEIN) a annonc茅 l'ach猫vement d'une transaction strat茅gique avec T&T Power Group et Simson-Maxwell dans le secteur de la production d'茅nergie. L'accord, qui prendra effet le 1er avril 2025, 茅tablit T&T et Viking Energy Group (filiale 脿 part enti猫re de Camber) comme co-propri茅taires de Simson-Maxwell.
T&T Power Group apporte plus de 40 ans d'exp茅rience dans la production d'茅nergie et la distribution 茅lectrique au Canada, op茅rant depuis 11 emplacements. Simson-Maxwell, avec plus de 80 ans d'exp茅rience dans l'industrie, op猫re depuis sept emplacements dans l'ouest du Canada, se sp茅cialisant dans la production d'茅nergie, les moteurs industriels et les solutions de contr么le 茅lectrique.
La structure de la transaction impliquait que T&T souscrive des actions directement aupr猫s de Simson-Maxwell et ach猫te des actions 脿 d'autres actionnaires, tandis que Viking maintenait sa position existante sans acheter ni vendre d'actions.
Camber Energy (OTCQB:CEIN) hat den Abschluss einer strategischen Transaktion mit T&T Power Group und Simson-Maxwell im Bereich der Energieerzeugung bekannt gegeben. Der Deal, der am 1. April 2025 in Kraft tritt, etabliert T&T und die Viking Energy Group (eine hundertprozentige Tochtergesellschaft von Camber) als Mitbesitzer von Simson-Maxwell.
T&T Power Group bringt 眉ber 40 Jahre Erfahrung in der Energieerzeugung und elektrischen Verteilung in Kanada mit und betreibt 11 Standorte. Simson-Maxwell, mit 眉ber 80 Jahren in der Branche, operiert von sieben Standorten in Westkanada und ist auf Energieerzeugung, Industriegeneratoren und elektrische Steuerungsl枚sungen spezialisiert.
Die Struktur der Transaktion sah vor, dass T&T Aktien direkt von Simson-Maxwell zeichnet und Aktien von anderen Aktion盲ren kauft, w盲hrend Viking seine bestehende Position ohne Kauf oder Verkauf von Aktien beibeh盲lt.
- Strategic expansion in power generation sector through partnership with established industry leader T&T Power Group
- Access to T&T's extensive network of 11 locations across Canada
- Maintains ownership stake in Simson-Maxwell without additional capital investment
- Operating on OTCQB market, indicating lower tier trading status
- No disclosed financial terms or immediate revenue impact from the transaction
Insights
Camber Energy's strategic alliance with T&T Power Group marks a significant restructuring in its power generation division. The transaction establishes a co-ownership arrangement of Simson-Maxwell between T&T and Viking Energy Group (Camber's wholly-owned subsidiary), though specific ownership percentages and financial terms remain undisclosed pending an 8-K filing.
This alliance appears strategically sound as it combines complementary strengths: T&T brings 40+ years of power generation expertise with 11 locations across Canada, while Simson-Maxwell contributes 80+ years of industry experience with seven Western Canada locations. The partnership likely creates operational synergies through expanded geographical coverage and enhanced service capabilities across Canada's industrial and commercial power solutions market.
The transaction structure is noteworthy - T&T subscribed for shares directly from Simson-Maxwell and purchased shares from other shareholders, with Viking neither buying nor selling Simson-Maxwell shares. This suggests a carefully structured deal that potentially minimizes capital requirements from Camber while still securing strategic benefits.
For a microcap company like Camber (
Closes Transaction with T&T Power Group
HOUSTON, TX / / April 1, 2025 / Camber Energy, Inc. (OTCQB:CEIN) ("Camber" or the "Company") is pleased to announce the closing of a strategic transaction involving T&T Power Group, Inc. ("T&T") and Simson-Maxwell Ltd. ("Simson-Maxwell"), two industry leaders in power generation, electrical distribution and energy solutions.
The deal, which closed effective April 1, 2025, results in T&T and Viking Energy Group, Inc. (Camber's wholly-owned subsidiary) being co-owners of Simson-Maxwell.
James Doris, Camber's President & CEO, commented, "With T&T's support, expertise and decades-long track record, Simson-Maxwell is well positioned for growth and to deliver an unmatched experience for industrial and commercial power solutions' customers across Canada."
For more information visit .
About T&T Power Group
For over 40 years, T&T Power Group has been a leading provider of power generation, electrical distribution, and energy solutions across Canada. Known for its engineering expertise and customer-first approach, T&T Power Group delivers custom-built power systems designed to meet the needs of industrial, commercial, and municipal clients. With a national presence and 11 locations across Canada, the company offers a full spectrum of power solutions, including standby, prime and continuous power generators, switchgear, and electrical distribution equipment.
T&T Power Group is recognized for its ability to design and manufacture tailor-made energy solutions, supporting industries that require mission-critical reliability. Beyond delivering industry-leading products, T&T Power Group provides full-service maintenance, 24/7 emergency support, remote monitoring, and turnkey project management, ensuring customers have a trusted partner in power. With a foundation built on innovation, reliability, and long-term commitment, the company continues to evolve, helping businesses and communities across Canada power their future.
About Simson-Maxwell
Simson Maxwell has been a trusted name in power generation, industrial engines, and electrical control solutions for over 80 years. With a strong reputation as both a manufacturer and distributor, the company has worked with some of the world's leading engine and power generation brands, delivering custom-engineered solutions to industrial and commercial clients across Canada.
Operating from seven locations across Western Canada, Simson Maxwell serves a diverse customer base with standby and prime power generator systems, industrial engines, and comprehensive service solutions. The Simmax® brand is recognized for its high-quality power generation and electrical control equipment, designed to meet the rigorous demands of industrial applications. Beyond products, Simson Maxwell provides ongoing maintenance, remote monitoring, and technical support, ensuring customers have reliable power when they need it most. With a legacy of expertise and innovation, the company has remained a key player in Canada's power industry, evolving to meet the growing demands of its customers.
Additional Details
Viking did not purchase or sell any shares of Simson-Maxwell in connection with the aforementioned transaction, rather T&T subscribed for shares directly from Simson-Maxwell and purchased shares directly from other shareholders. Additional details regarding the transaction will be included in, and the foregoing description and description above is qualified in its entirety by, Camber's Current Report on Form 8-K filed with the Securities and Exchange Commission ("SEC"), which, once filed, will be available under "investors" - "SEC filings" at www.camber.energy.
About Camber Energy, Inc.
Camber Energy, Inc. ("Camber") is a growth-oriented diversified energy company. Through subsidiaries, Camber provides custom energy & power solutions to commercial and industrial clients in North America and has a majority interest in: (i) an entity with intellectual property rights to a patented, proprietary Medical & Bio-Hazard Waste Treatment system using Ozone Technology; and (ii) entities with the intellectual property rights to patented and patent pending, proprietary Electric Transmission and Distribution Broken Conductor Protection Systems. Camber also holds, through a subsidiary, an exclusive license in Canada to a patented clean energy & carbon-capture system.
For more information, please visit the company's website at .
Forward-Looking Statements
This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. Any statements that are not historical facts contained in this press release are "forward-looking statements", which statements may be identified by words such as "expects," "plans," "projects," "will," "may," "anticipates," "believes," "should," "intends," "estimates," and other words of similar meaning. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions that may be cancelled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the fluctuation of global economic conditions or economic conditions with respect to the oil and gas industry, the COVID-19 pandemic, the performance of management, actions of government regulators, vendors, and suppliers, our cash flows and ability to obtain financing, competition, general economic conditions and other factors that are detailed in Camber's filings with the Securities and Exchange Commission. We intend that all forward-looking statements be subject to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995.
Camber cautions that the foregoing list of important factors is not complete, any forward-looking statement speaks only as of the date on which such statement is made, and Camber does not undertake to update any forward-looking statements that it may make, whether as a result of new information, future events or otherwise, except as required by applicable law. All subsequent written and oral forward-looking statements attributable to Camber or any person acting its behalf are expressly qualified in their entirety by the cautionary statements referenced above.
Contact Information
Investors and Media:
Tel. 281.404.4387
SOURCE: Camber Energy, Inc.
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FAQ
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