logo
Maxim Power Corp. Announces Annual General and Special Meeting Election Results

Maxim Power Corp. Announces Annual General and Special Meeting Election Results

Yahoo04-06-2025
CALGARY, Alberta, June 03, 2025 (GLOBE NEWSWIRE) -- Maxim Power Corp. ("MAXIM" or the "Corporation") (TSX: MXG) announced today the final director election results from its 2025 annual general and special meeting of shareholders held on June 3, 2025 (the 'Meeting'). A ballot was conducted at the Meeting with respect to the election of the directors to hold office until the next annual meeting of shareholders. According to the proxies received and ballots cast, the following directors were elected at the Meeting to hold office until the next annual meeting of shareholders or until their successors are elected or appointed, unless such office is earlier vacated in accordance with the by-laws of the Corporation:
Nominee
# Votes For
% Votes For
# Votes Withheld
% Votes Withheld
Wiley D. Auch
53,013,949
99.71
155,012
0.29
M. Bruce Chernoff
52,801,483
99.31
367,478
0.69
Michael Mayder
53,156,449
99.98
12,512
0.02
Brad Wall
53,013,619
99.71
155,342
0.29
Andrea Whyte
53,012,949
99.71
156,012
0.29
W. Brett Wilson
52,801,173
99.31
367,788
0.69
In addition to the foregoing, all unallocated stock options issuable pursuant to the Corporation's Stock Option Plan were approved and authorized at the Meeting until June 3, 2028, as described in the Information Circular of the Corporation dated April 21, 2025. The results of the vote by way of ballot were as follows:
Votes For
% Votes For
Votes Against
% of Votes Against
52,443,680
98.64
725,281
1.36
Shareholders were also asked to consider and, if thought fit, approve an ordinary resolution to confirm the amended and restated By-Law No.1 of the Corporation, as described in the Information Circular of the Corporation dated April 21, 2025. The results of the vote by way of ballot were as follows:
Votes For
% Votes For
Votes Against
% of Votes Against
53,162,046
99.99
6,915
0.01
For complete voting results with respect to the Meeting, please see MAXIM's Report of Voting Results which will be available shortly under the Corporation's profile on SEDAR+ at www.sedarplus.ca.
About MAXIM
Based in Calgary, Alberta, MAXIM is one of Canada's largest truly independent power producers. MAXIM is now focused entirely on power projects in Alberta. Its core asset – the 300 MW H.R. Milner Plant, M2, in Grande Cache, AB – is a state-of-the-art combined cycle gas-fired power plant that commissioned in Q4, 2023. MAXIM continues to explore additional development options in Alberta including its currently permitted gas-fired generation project and the permitting of its wind power generation project. MAXIM trades on the TSX under the symbol 'MXG'. For more information about MAXIM, visit our website at www.maximpowercorp.com. For further information please contact:
Bob Emmott, President and CEO, (403) 263-3021
Kyle Mitton, CFO and Vice President, Corporate Development, (403) 263-3021
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.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Why This Tech Stock Could Be the Next Shopify
Why This Tech Stock Could Be the Next Shopify

Yahoo

time32 minutes ago

  • Yahoo

Why This Tech Stock Could Be the Next Shopify

Written by Amy Legate-Wolfe at The Motley Fool Canada Shopify (TSX:SHOP) is often the gold standard when it comes to Canadian tech success. It went from a little-known e-commerce company to one of the biggest stories on the TSX. So whenever a new name comes up with similar growth potential, it's worth paying attention. That's why (TSXV:TOI) is starting to get noticed. It doesn't have the flash of Shopify, but it has been quietly building something impressive. And for long-term investors, it could be one of the most exciting tech stocks on the market today. Topicus is a software company that focuses on vertical markets. That means it develops and acquires software tailored to specific industries like healthcare, education, and government. It's not trying to be everything to everyone. Instead, it wants to dominate smaller segments by offering exactly what those users need. This model allows it to grow quickly and maintain sticky customer relationships, since these tools are often deeply embedded into a company's day-to-day operations. The tech stock was spun out of Constellation Software in early 2021, and it has inherited some of the same strengths. Like its parent, Topicus is all about acquisition-led growth. It buys up smaller software firms, integrates them into its structure, and uses that foundation to continue growing. This buy-and-build strategy has worked well for Constellation, and Topicus is following a similar path. As of its latest report for the first quarter of 2025, Topicus posted revenue of €506 million, which is about $556 million in Canadian dollars. That was up from €451 million the year before. Net income came in at $37.4 million, with earnings per share (EPS) of $0.47. The tech stock continues to reinvest in operations and acquisitions, which can pressure short-term earnings but support long-term value creation. What makes Topicus exciting is its consistency. Over the past five years, it has grown earnings by 46% per year and revenues by 22% annually. Its return on equity sits at a strong 22.4%, and its profit margin is around 7.3%. Those are healthy numbers for a company in growth mode. These show it isn't just burning cash to expand. It's building a sustainable business with real profits and strong cash flow. The tech stock trades at a high valuation at about 93 times trailing earnings. That might scare off some investors, but it reflects the market's belief in Topicus' growth potential. Its market cap has now reached $22.7 billion, which is impressive for a tech stock still listed on the TSX Venture Exchange. There are risks, of course. The tech stock is highly acquisitive, so it depends on finding good businesses to buy at reasonable prices. Integration risk is real. If one of its acquisitions underperforms or doesn't mesh well with the rest of the business, it could drag down results. Macroeconomic issues in Europe, where many of its customers are located, could also impact demand. Still, Topicus has shown it can handle these challenges. Its focus on vertical markets gives it a defensive edge. Even during tough times, many of its customers can't easily switch to another provider. The software is too deeply ingrained in their daily operations. That helps keep revenue steady and allows Topicus to continue scaling over time. It might not become the next Shopify in terms of market cap, but Topicus has a real chance to become a dominant force in its own space. It's already proving that growth and profitability can go hand in hand. For investors looking for a Canadian tech stock with a long runway ahead, Topicus is a name to watch. And maybe, just maybe, it's the next big thing. The post Why This Tech Stock Could Be the Next Shopify appeared first on The Motley Fool Canada. Before you buy stock in Constellation Software, consider this: The Motley Fool Stock Advisor Canada analyst team just identified what they believe are the Top Stocks for 2025 and Beyond for investors to buy now… and Constellation Software wasn't one of them. The Top Stocks that made the cut could potentially produce monster returns in the coming years. Consider MercadoLibre, which we first recommended on January 8, 2014 ... if you invested $1,000 in the 'eBay of Latin America' at the time of our recommendation, you'd have $24,927.94!* Stock Advisor Canada provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month – one from Canada and one from the U.S. The Stock Advisor Canada service has outperformed the return of S&P/TSX Composite Index by 30 percentage points since 2013*. See the Top Stocks * Returns as of 6/23/25 More reading Made in Canada: 5 Homegrown Stocks Ready for the 'Buy Local' Revolution [PREMIUM PICKS] Market Volatility Toolkit Best Canadian Stocks to Buy in 2025 Beginner Investors: 4 Top Canadian Stocks to Buy for 2025 5 Years From Now, You'll Probably Wish You Grabbed These Stocks Subscribe to Motley Fool Canada on YouTube Fool contributor Amy Legate-Wolfe has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Shopify and The Motley Fool recommends Constellation Software. The Motley Fool has a disclosure policy. 2025 Effettua l'accesso per consultare il tuo portafoglio

INIU to Launch All-New Pocket Rocket P50 on July 7, Redefining Fast-Charging Portability
INIU to Launch All-New Pocket Rocket P50 on July 7, Redefining Fast-Charging Portability

Business Upturn

timean hour ago

  • Business Upturn

INIU to Launch All-New Pocket Rocket P50 on July 7, Redefining Fast-Charging Portability

Los Angeles, CA, July 07, 2025 (GLOBE NEWSWIRE) — Well-known global portable charging brand INIU has officially launched the all-new, upgraded Pocket Rocket P50 Power Bank on July 7, 2025. Touted as 'the world's smallest 10,000mAh 45W fast-charging power bank,' the P50 redefines portability and performance. Measuring just 3.3×2.0×1.0in/ 8.3×5.2×2.6cm and weighing only 5.6oz / 160±10g—roughly the size of two stacked macarons—the Pocket Rocket P50 slips easily into a pocket, handbag, or suitcase corner while delivering powerful 45W fast charging, it powers your phone from low battery to 73% in just 25 device also fully recharges in just two hours and can power up to three devices simultaneously, meeting modern demand for fast, multi-device charging on the go. Packed with cutting-edge tech, the P50 features an upgraded TinyCell Pro battery and the industry's first multi-tab cell for better heat control and faster, more efficient charging. A high-performance NVIDIA-grade inductor boosts battery life and shrinks overall size—making the power bank lighter and more compact. The ultra-thin 0.5mm Genius display keeps users informed with real-time power. With 18 layers of safety protection, it safeguards your device from overheating, overcharging, and other common risks. In addition to performance, the P50 excels in energy efficiency and sustainability. Its Tinycell Pro and precision components minimize energy waste and extend lifespan, reducing replacements and electronic waste. The detachable fast-charging cable passed over 11,000 bend tests, and its integrated E-Marker chip ensures stability, wide compatibility, and support for Samsung Super Fast Charge 2.0—ready to use anytime. Since its founding in 2014, INIU has focused on delivering high-quality portable power solutions and has served over 40 million users across 174 countries and regions. The company has received international accolades such as the iF Design Award, Red Dot Award, and CES Innovation Award. The new P50 is a technological breakthrough and a further step in INIU's mission to provide reliable energy for users and families worldwide. As mobile device usage grows, users demand more from their charging gear in terms of performance, portability, and safety. The debut of the Pocket Rocket P50 directly responds to this trend and is set to spark a new global wave in the fast-charging portable power revolution. Media Contact:INIUSophie Kang [email protected]

GreenMine 2.0 is launched: APT Miner leads the green mining revolution
GreenMine 2.0 is launched: APT Miner leads the green mining revolution

Business Upturn

timean hour ago

  • Business Upturn

GreenMine 2.0 is launched: APT Miner leads the green mining revolution

London, UK, July 07, 2025 (GLOBE NEWSWIRE) — Cloud mining is growing explosively, and APT Miner is taking the pulse of the market Advertisement Bitcoin recently broke through the $109,000 mark, just one step away from its all-time high. According to Bloomberg data, BlackRock's IBIT and other spot ETFs have attracted funds for several consecutive weeks, and the speed of capital return has far exceeded expectations. The market's confidence in long-term allocation of cryptocurrencies is gradually recovering. Jason Leaf, CEO of APT Miner, said: 'The release of GreenMine 2.0 is not only a reflection of our technical capabilities , but also a conceptual innovation. We hope to transform mining from a game for a few technical elites to a global digital income tool that anyone can easily participate in.' GreenMine 2.0's five major upgrades: truly realizing 'everyone can mine' Zero threshold registration, trial mining and enjoy profits. All new users can get a computing power reward worth $15 after registration. The platform promises that even if there is no investment, you can get no less than $0.6 in cashable income every day, breaking the traditional barrier of 'pay first and then participate'. AI-driven intelligent scheduling automatically switches to the optimal currency. The system makes intelligent judgments based on on-chain data, market fluctuations, and currency popularity, and dynamically allocates user computing power to assets with the highest return rates (such as BTC, DOGE, LTC, ETH, XRP, etc.) without manual operation. Supported by 100% green energy and practicing the carbon neutrality commitment, the platform has deployed multiple solar and wind power data centers in Northern Europe, Southeast Asia, South America and other regions. All mining activities do not rely on traditional power grids, truly achieving environmental protection, high efficiency and low carbon. Diversified contract selection, covering short-term to medium- and long-term strategies. The platform provides more than 10 contracts with different maturities and return models to meet the needs of novice and experienced investors. Users can flexibly configure and adjust at any time according to their own asset plans. Fully functional operation on mobile terminal, and full control of income management. The official App supports iOS and Android systems. Users can check income and contract status at any time and complete withdrawal within 60 seconds. It is fully compatible with mainstream wallets and various encrypted asset management methods. Investor behavior is changing, APT Miner becomes the first choice for 'new school' users In this highly volatile and increasingly regulated crypto market, more and more long-term holders (such as ETH and XRP investors) are moving away from high-frequency trading and turning their attention to more robust ways to increase their asset value. Cloud mining, especially the green mining model that does not require hardware and has no operating costs, has become their ideal hedging tool. Users only need to select the appropriate contract, and the system will automatically run the mining task and distribute the income on a daily basis. No market pressure, no capital anxiety, this 'lying down and making money' financial management method is quietly becoming popular. Some ETH investors reported that after participating in medium-term contracts through APT Miner, their daily income has stabilized at more than US$3,000, and they do not need to pay attention to currency price fluctuations every day. This 'stable, transparent, and safe' experience is far superior to the short-term operations of chasing ups and downs in the market. Platform data proves: 9 million users jointly verify the real feasibility APT Miner was founded in 2018 and is headquartered in Warrington, UK. Since its inception, the platform has always adhered to compliant operations and has obtained regulatory licenses in many countries. The platform architecture and contract mechanism have been reviewed by international auditing agencies. As of the second quarter of 2025, APT Miner has covered more than 180 countries and regions around the world, with a total of more than 9 million registered users. Among them, the user activity in the United States, India, Nigeria, Brazil and other countries continues to rise, and the number of mobile registrations has increased by 32.5% year-on-year. Profits of some popular contracts (estimated based on current market dynamics) Mining machine type Investment Amount Contract Period Daily income Total revenue BTC (A1466) $100 2 days $4 $108 DOGE (Mini Pro) $500 6 days $8.30 $538 BTC (S19-XP) $2,500 15 days $66.08 $2,991.25 BTC (S19K-Pro) $10,000 21 days $220.23 $14,650 BTC (T21) $17,000 24 days $377.66 $26,044 BTC/BCH (ANTSPACE HK3) $50,000 30 days $2,964.13 $89,024 Note: The specific income will be adjusted dynamically based on real-time data such as currency price, on-chain difficulty, and operating efficiency. The table is for estimation reference only. Global expansion in progress: future development roadmap revealed In response to the rapid growth of users and the need for global market layout, APT Miner will launch the following key functional modules in the coming months: Visualized Proof of Profit System Driven by Blockchain Smart Contract AI portfolio rebalancing function improves return stability and risk resistance New green data centers in Latin America and Southeast Asia to increase local computing power access speed Support bank card/credit card fiat currency payment channels to lower the entry threshold for novices The platform compensation guarantee system is launched to enhance the user's trust in the safety of funds In addition, the platform has launched a global referral reward program : for each successful invitation of a new user, you can receive a commission reward of up to 5%, and the maximum bonus for a single referral is US$50,000. Conclusion: Compliance, security, and sustainability are the real future of crypto investment APT Miner is based on 'technology-driven + green concept + user-friendly' and provides a stable, transparent and predictable investment channel for the current market with increasing uncertainty. For investors, this is not only a money-making tool, but also a new starting point for the long-term and stable appreciation of digital assets. Click to register to receive free cloud computing power and start your journey of passive mining income. Download APT Miner App now (supports iOS and Android) Official website address: Official email: [email protected] Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or trading recommendations. Cryptocurrency mining and staking involve risks and the possibility of losing funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store