Maxim Power (MXG) has notable insider buying

Maxim Power (T:MXG)

Kimberly Lorna Karran, a Senior Officer, acquired 8,333 Common Shares on an indirect ownership basis for registered holder CIBC Investor's Edge at a price of $1.430 through an exercise of options on April 14th, 2023. This represents a $11,916 investment into the company's shares and an account share holdings change of 10.0%.

Kyle Rodney Mitton, CFO, acquired 50,000 Common Shares on an indirect ownership basis for registered holder TD Waterhouse Unregistered at a price of $1.430 through an exercise of options on April 14th, 2023. This represents a $71,500 investment into the company's shares and an account share holdings change of 25.3%.

Maxim Power Corp. is an independent power producer engaged in the acquisition and development, ownership and operation of power related projects in Alberta and the resultant sale of generating capacity and electricity. The Company has two power generating facilities, Milner 2 (M2) and HR Milner (Milner). The M2 power plant is a 204 megawatts (MW) natural gas-fired turbine generator located at the Milner generating station site near Grande Cache, Alberta. The Company's Milner Generating Station (Milner 1), located near Grande Cache, Alberta, is a 150 MW dual fuel steam turbine generator capable of burning both natural gas and coal.