News Releases


Archive: ‘News’ Category

June 30, 2021 - News

Maxim Power Corp. Announces Milner 2 CCGT Project EPC Contract and Financing Arrangements

CALGARY, ALBERTA – Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX: MXG) announced today that it is proceeding with the Corporation’s project to expand M2 into a combined cycle gas turbine (“CCGT”) facility through the installation of heat recovery technology.


May 31, 2021 - News

Maxim Power Corp. Announces New Board Member, Receipt of the Line Loss Payment, AGM Election Results and Project Update

CALGARY, ALBERTA – Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX: MXG) announced today that the Corporation has received the third and final scheduled Line Loss Proceeding payment in the sum of $18.6 million from the Alberta Electric System Operator, relating to the years 2006 to 2009.


May 11, 2021 - News

Maxim Power Corp. Announces 2021 First Quarter Financial and Operating Results

CALGARY, ALBERTA – Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX: MXG) announced today the release of financial and operating results for the first quarter ended March 31, 2021.


March 18, 2021 - News

Maxim Power Corp. Announces 2020 Fourth Quarter Financial and Operating Results

CALGARY, ALBERTA – Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX: MXG) announced today the release of financial and operating results for the fourth quarter ended December 31, 2020.


March 1, 2021 - News

Maxim Power Corp. Announces the Receipt of the Second Line Loss Proceedings Payment

CALGARY, ALBERTA – Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX: MXG) announced today that the Corporation has received the second of three scheduled Line Loss Proceeding payments in the sum of $27.9 million from the Alberta Electric System Operator (“AESO”), relating to the years 2010 to 2013.


January 5, 2021 - News

Maxim Power Corp. Announces Officer Appointments and the Receipt of Line Loss Proceedings Payment

CALGARY, ALBERTA – Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX: MXG) announced today that Mr. Kyle Mitton currently Vice President, Corporate Development, has been appointed Chief Financial Officer and Vice President, Corporate Development.


November 10, 2020 - News

Maxim Power Corp. Announces 2020 Third Quarter Financial and Operating Results

CALGARY, ALBERTA – Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX: MXG) announced today the release of financial and operating results for the third quarter ended September 30, 2020.


September 15, 2020 - News

Maxim Power Corp. Announces Interim Chief Financial Officer

CALGARY, ALBERTA – Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX:MXG) announced today that Hansine Ullberg is no longer serving as Chief Financial Officer of the Corporation.


September 9, 2020 - News

Maxim Power Corp. Announces Officer Appointment

CALGARY, ALBERTA – Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX:MXG) announced today that Mr. Robert (Bob) Emmott formerly Executive Vice President and Chief Operating Officer, has been appointed President and Chief Operating Officer.


August 6, 2020 - News

Maxim Power Corp. Announces 2020 Second Quarter Financial and Operating Results

CALGARY, ALBERTA – Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX: MXG) announced today the release of financial and operating results for the second quarter ended June 30, 2020.