News Releases
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.
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”).
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.
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.
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.
CALGARY, ALBERTA – Maxim Power Corp. (“MAXIM” or the “Corporation”) announced today the release of financial and operating results for the third quarter ended September 30, 2019.
CALGARY, ALBERTA – Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX: MXG) is pleased to announce that at a special meeting of shareholders held today, it received the approval of disinterested shareholders for its previously announced $75 million, one-year, 12% per annum, revolving, secured convertible loan (the “Convertible Loan”) between the Corporation and certain of its subsidiaries, as borrowers, and Alpine Capital Corp. (“Alpine”) and Prairie Merchant Corporation (“Prairie Merchant” and together with Alpine the “Lenders”) as lenders.
CALGARY, ALBERTA – Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX: MXG) announced today that it, and certain of its subsidiaries, have entered into an agreement to amend the previously announced $75 million, one-year, 12% per annum, revolving, secured convertible loan dated September 10, 2019 between the Corporation and those subsidiaries, as borrowers, and the lenders thereto (the “Convertible Loan”).
CALGARY, ALBERTA – Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX: MXG) today provided an update of its operating, development and corporate activities.
CALGARY, ALBERTA – Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX: MXG) announced today that it, and certain of its subsidiaries, entered into two credit agreements that collectively provide for $75 million to fully fund the construction and development of MAXIM’s 204 MW power plant located near Grande Cache, Alberta (“M2”).
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