Camber Energy unit Simson-Maxwell completes amalgamation with T&T Power Group

Camber Energy, Inc.

Camber Energy, Inc.

CEIN

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  • Simson-Maxwell, a Viking Energy subsidiary owned by Camber Energy, combined with T&T Power Group on June 1, 2026; the merged business operates as T&T Power Group.
  • Tyler Van Dyke received 100,000 Class A common shares, securing 100% of voting control; Viking received 5,750,000 Class A preference shares with no voting rights.
  • The preference shares can be redeemed for CAD 5.75 million through March 31, 2028, rising to CAD 7.75 million if not redeemed by then.
  • Viking can require monthly payments of CAD 15,000, credited against the redemption price; an 8% dividend accrues only on breach or missed deadline.
  • Viking agreed to subordinate claims to Toronto-Dominion Bank; scheduled distributions are allowed up to CAD 180,000 per 12 months under conditions.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Camber Energy Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001477932-26-003650), on June 04, 2026, and is solely responsible for the information contained therein.

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