News Releases


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.


March 16, 2023 - News

Maxim Power Corp. Reports Strong Earnings with Revenue of $141 million and Net Income of $42 million in 2022

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, 2022.


December 13, 2022 - News

Maxim Power Corp. Provides Updates on the M2 Return to Service, CCGT Expansion Project and Insurance Information

CALGARY, ALBERTA – Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX:MXG) provides an update regarding the return to service of the Milner 2 (“M2”) facility following the non-injury fire incident (the “Incident”) that occurred on September 30, 2022, a project update on the Combined Cycle Gas Turbine (“CCGT”) expansion of M2, and an update on insurance information related to the Incident.


November 8, 2022 - News

Maxim Power Corp. Reports Continued Strong Earnings with Revenue of $141 million and Net Income of $49 million in the First Nine Months of 2022

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, 2022.


October 5, 2022 - News

Maxim Power Corp. Provides Update on Non-Injury Fire Incident at M2

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


October 2, 2022 - News

Maxim Power Corp. Reports Fire Incident at Milner 2

CALGARY, ALBERTA – Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX:MXG) responded to a fire at its 204 MW Milner 2 (“M2”) facility located near Grande Cache, Alberta.