Maxim Power Corp. - Maxim Power Corp. Enters Agreement to Sell Comax France S.A.S.

News Releases

September 13, 2016 - News

Maxim Power Corp. Enters Agreement to Sell Comax France S.A.S.

Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX:MXG) announced today that it has entered into an agreement to sell 100% of its ownership interest in Comax France S.A.S. (“COMAX”) and its parent, Maxim Power Europe B.V., to Vine Luxembourg SARL, an affiliate of Basalt Infrastructure Partners LP, for EUR47 million including the assumption of EUR23 million of net debt resulting in sales proceeds of approximately EUR24 million, EUR6 million of which is contingent on certain future events.

August 10, 2016 - News

Maxim Power Corp. Announces 2016 Second Quarter Financial and Operating Results

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, 2016.

June 3, 2016 - News

Maxim Power Corp. Announces Acceptance of Resignation of Director

Maxim Power Corp. (“MAXIM” or the “Company“) (TSX:MXG) announced today that subsequent to the Company’s annual and special meeting of shareholders held on June 2, 2016 (the “Meeting“), the Company has received the resignation of Mr. John R. Bobenic as a director of the Company.

June 2, 2016 - News

Maxim Power Corp.: Board of Director Election Results

Maxim Power Corp. today announced the final director election results from its 2016 annual and special meeting of shareholders held on June 2, 2016.

June 2, 2016 - News

Maxim Power Corp. Announces Interim Chief Executive Officer

Maxim Power Corp. announced today that Mr. John R. Bobenic is no longer serving as Chief Executive Officer of the Corporation.

May 12, 2016 - News

Maxim Power Corp. Announces 2016 First Quarter Financial and Operating Results

Maxim Power Corp. announced today the release of financial and operating results for the first quarter ended March 31, 2016.

March 28, 2016 - News

Maxim Power Corp. Announces 2015 Financial and Operating Results

Maxim Power Corp. (TSX:MXG) (“MAXIM” or the “Corporation”) announced today the release of financial and operating results for the fourth quarter ended and year ended December 31, 2015.

December 16, 2015 - News

Maxim Power Corp. Provides Guidance on Alberta Utilities Commission’s Loss Factor Decision

Maxim Power Corp. announced today that it has quantified the anticipated impact of the Alberta Utilities Commission (“AUC”) decision no. 790-D03-2015 pertaining to Module B of Phase 2 of Milner Power Inc.’s (“Milner”) complaint (“Complaint”) against the Alberta Electric System Operator’s (“AESO”) Line Loss Rule (“Rule”).

November 27, 2015 - News

Maxim Power Corp. Receives Alberta Utilities Commission’s Loss Factor Decision and Environmental Approval for the Milner Expansion Project

Maxim Power Corp. announced today that the Alberta Utilities Commission (“AUC”) has rendered its decision on Module B of Phase 2 of Milner Power Inc.’s (“Milner”) complaint (“Complaint”) against the Alberta Electric System Operator’s (“AESO”) Line Loss Rule (AUC Decision No. 790-D03-2015)

November 23, 2015 - News

Maxim Power Corp. and the Government of Alberta’s Climate Leadership Plan

Maxim Power Corp. today commented on the Government of Alberta’s Climate Leadership Plan. Among other things, the Province is moving forward on phasing out coal-fired electricity generation by 2030 and encouraging more renewable energy.