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Maxim Power Corp. Announces Annual General and Special Meeting Election Results
Globenewswireยท2025-06-04 00:15

Group 1 - Maxim Power Corp. announced the results of its 2025 annual general and special meeting of shareholders, where directors were elected to hold office until the next annual meeting [1] - The elected directors received high approval rates, with Michael Mayder receiving 99.98% of votes in favor, while the lowest was M. Bruce Chernoff with 99.31% [1] - The meeting also approved unallocated stock options under the Corporation's Stock Option Plan until June 3, 2028, with 98.64% of votes in favor [1] Group 2 - Maxim Power Corp. is one of Canada's largest independent power producers, focusing on power projects in Alberta [2] - The core asset of the company is the 300 MW H.R. Milner Plant, a combined cycle gas-fired power plant that began operations in Q4 2023 [2] - The company is exploring additional development options, including a permitted gas-fired generation project and a wind power generation project [2]