Maxim Power Corp. Engages Financial Advisors to Review Strategic Alternatives for US and French Assets
13 Novembre 2012 - 3:21PM
Marketwired
Maxim Power Corp. ("MAXIM" or the "Corporation") (TSX:MXG)
announced today that it has appointed financial advisors to review
the Corporation's investments in the United States and France in
order to identify options to maximize shareholder value. Credit
Suisse Securities (USA) LLC has been engaged as financial advisor
with respect to MAXIM's investments in the United States and HSBC
Bank plc has been engaged as financial advisor with respect to
MAXIM's investments in France. MAXIM currently owns 433 MW of
electrical generating capacity in the United States, and 191 MW of
electrical and 107 MW of thermal generating capacity in France.
MAXIM will provide an update on this initiative in Q1 2013.
About MAXIM
Based in Calgary, Alberta, MAXIM is an independent power
producer, which acquires or develops, owns and operates innovative
and environmentally responsible power and power related projects.
MAXIM currently owns and operates 40 power plants in western
Canada, the United States and France, having 788 MW of electric and
111 MW of thermal net generating capacity. MAXIM trades on the TSX
under the symbol "MXG". For more information about MAXIM, visit our
website at www.maximpowercorp.com.
Statements in this release which describe MAXIM's intentions,
expectations or predictions, or which relate to matters that are
not historical facts are forward-looking statements. These
forward-looking statements involve known and unknown risks and
uncertainties which may cause the actual results, performances or
achievements of MAXIM to be materially different from any future
results, performances or achievements expressed in or implied by
such forward-looking statements. MAXIM may update or revise any
forward-looking statements, whether as a result of new information,
future events or changing market and business conditions and will
update such forward-looking statements as required pursuant to
applicable securities laws.
Contacts: Maxim Power Corp. John R. Bobenic President and CEO
(403) 750-9300 Maxim Power Corp. Michael R. Mayder Vice President,
Finance and CFO (403) 750-9311
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