CALGARY, Alberta, Aug. 20, 2021 (GLOBE NEWSWIRE) — Maxim Power Corp. (“MAXIM” or the “Corporation“) announced today that it has received approval from the Toronto Stock Exchange (“TSX“) to proceed with a normal course issuer bid (“NCIB“). Under the NCIB, the Corporation may purchase for cancellation up to 2,400,000 common shares of the Corporation (the “Shares“). As at August 20, 2021, MAXIM had 49,890,893 Shares issued and outstanding.