Maxim Power Corp. Announces 2016 Third 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 third quarter ended September 30, 2016.
News Releases
Maxim Power Corp. Enters Into Settlement Agreement With the Federal Energy Regulatory Commission
Maxim Power Corp. (TSX:MXG) (“MAXIM” or the “Corporation”), announced today that the Federal Energy Regulatory Commission (“FERC”) issued an order approving a Stipulation and Consent Agreement (“Settlement Agreement”) that resolves and closes all matters alleged in the Staff Notice of Alleged Violations issued in November of 2014.
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.
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.
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.
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.
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.
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.
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.
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”).