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

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Apr 23, 2020
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CALGARY, Alberta, April 22, 2020 (GLOBE NEWSWIRE) -- Pursuant to the early warning requirements of applicable Canadian securities laws, W. Brett Wilson announces that he has acquired ownership and control of an aggregate of 1,000,000 common shares ("Maxim Shares") of Maxim Power Corp. ("Maxim"), representing approximately 2.0% of the issued and outstanding Maxim Shares (based on 50,073,525 Maxim Shares issued and outstanding), at a price of $1.85 per Maxim Share for a total cash purchase price of $1,850,000. Mr. Wilson acquired the Maxim Shares from one (1) third party (the "Seller") on April 22, 2020 pursuant to a purchase and sale agreement (the "PSA").