W. Brett Wilson Updates Early Warning Reporting in Respect of Maxim Power Corp.

CALGARY, Alberta, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Pursuant to the early warning requirements of applicable Canadian securities laws, W. Brett Wilson announces that he (indirectly through Prairie Merchant Corporation ("Prairie Merchant") a company owned and controlled by Mr. Wilson) has acquired ownership and control of an aggregate of 6,540,807 common shares ("Maxim Shares") of Maxim Power Corp. ("Maxim"), representing approximately 12.9% of the issued and outstanding Maxim Shares (based on 50,554,842 Maxim Shares issued and outstanding prior to the conversion), on conversion of $14,716,816.11 amount of the convertible loan provided by Prairie Merchant to Maxim dated September 10, 2019, as amended (the "Convertible Loan") at a conversion price of $2.25 per Maxim Share.

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