CALGARY, Alberta, Jan. 13, 2023 (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 578,464 common shares ("Maxim Shares") of Maxim Power Corp. ("Maxim"), representing approximately 1.15% of the issued and outstanding Maxim Shares (based on 50,160,884 Maxim Shares issued and outstanding), at a price of $3.50 per Maxim Share for a total purchase price of $2,024,624. Mr. Wilson acquired the Maxim Shares from one (1) third party (the "Seller") on January 13, 2023 pursuant to a purchase and sale agreement (the "PSA").