News Releases


Archive: ‘News’ Category

March 14, 2024 - News

Maxim Power Corp. Reports Successful Operations of the CCGT Expansion of M2 with Revenue of $41 million and Net Income of $28 million in 2023

CALGARY, ALBERTA – Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX: MXG) announced today the release of financial and operating results for the fourth quarter and year ended December 31, 2023.


December 13, 2023 - News

Maxim Power Corp. Appoints Mr. Robert Emmott as CEO

CALGARY, ALBERTA – Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX: MXG) announced today that Mr. Robert (Bob) Emmott will be transitioning to President and Chief Executive Officer (“CEO”), assuming the CEO role from Mr. M. Bruce Chernoff, effective January 1, 2024.


November 6, 2023 - News

Maxim Power Corp. Announces 2023 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 and nine months ended September 30, 2023.


October 24, 2023 - News

Maxim Power Corp. Successfully Completes Commissioning of the CCGT Expansion of M2

CALGARY, ALBERTA – Maxim Power Corp. (“MAXIM” or the “Corporation”)  (TSX: MXG) is pleased to announce that it has successfully commissioned the Combined Cycle Gas Turbine (“CCGT”) expansion of its natural gas-fired power plant (“M2”) located near Grande Cache, Alberta.


August 28, 2023 - News

Maxim Power Corp. Announces TSX Acceptance of Normal Course Issuer Bid

CALGARY, ALBERTA – Maxim Power Corp. (“MAXIM” or the “Corporation”)  (TSX: MXG) announced today that it has received approval from the Toronto Stock Exchange (“TSX”) to proceed with a normal course issuer bid (“NCIB”).


August 10, 2023 - News

Maxim Power Corp. Announces 2023 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 and six months ended June 30, 2023.


July 27, 2023 - News

Maxim Power Corp. Provides Update on Milner 2 Return to Service and Insurance Information

CALGARY, ALBERTA – Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX: MXG) provides an update on the return to service date of Milner 2 (“M2”) and insurance information.


June 29, 2023 - News

Maxim Power Corp. Provides Update on Insurance Information

CALGARY, ALBERTA – Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX: MXG) provides an update on insurance information related to the non-injury fire incident that occurred on September 30, 2022 (the “Incident”) at the Milner 2 (“M2”) facility.


May 31, 2023 - News

Maxim Power Corp. Announces Board of Directors Election Results

CALGARY, ALBERTA – Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX: MXG) announced today the final director election results from its 2023 annual general meeting of shareholders held on May 31, 2023 (the “Meeting”).


May 9, 2023 - News

Maxim Power Corp. Announces 2023 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, 2023.