News Releases


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.


July 6, 2020 - News

Maxim Power Corp. Announces Officer Appointment

CALGARY, ALBERTA – Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX:MXG) announced today that Hansine Ullberg has joined the Corporation as Chief Financial Officer (“CFO”).


June 12, 2020 - 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 2020 annual general meeting of shareholders held on June 12, 2020 (the “Meeting”).


June 1, 2020 - News

Maxim Power Corp. Commissions M2, the Largest Simple Cycle Natural Gas-Fired Power Plant in Alberta

CALGARY, ALBERTA – Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX:MXG) announces it has successfully commissioned its 204 MW natural gas-fired power plant (“M2”) located near Grande Cache, AB.


May 26, 2020 - News

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

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


May 7, 2020 - News

Maxim Power Corp. Announces 2020 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, 2020.


March 19, 2020 - News

Maxim Power Corp. Announces 2019 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, 2019.


December 19, 2019 - News

Maxim Power Corp. Enters into a Credit Agreement with ATB Financial and Provides Update on M2 Project

CALGARY, ALBERTA – Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX: MXG) announced today that it, and certain of its subsidiaries, entered into a credit agreement with ATB Financial (“ATB”) for a thirty-five month term that provides for senior debt financing of up to $44 million to support financing requirements of MAXIM’s 204 MW power plant located near Grande Cache, Alberta (“M2”) plus a cash collateralized letter of credit facility of $8 million to replace MAXIM’s current outstanding letters of credit for equal amounts.