Maxim Power Corp. Receives Approval for Milner Expansion Amendment and Enters Agreement to Sell Maxim Power (BC) Inc.

Maxim Power Corp. ("MAXIM" or the "Corporation") (TSX:MXG) announced today that
the Alberta Utilities Commission ("AUC") has approved MAXIM's application to
convert the fuel source for the Milner Expansion Project ("M2") from coal to
natural gas and to increase the generating capacity of the proposed expansion
from 500 MW to 520 MW. MAXIM also announced today that it has entered into an
agreement to sell Maxim Power (B.C.) Inc. ("Maxim BC"), which owns the Vancouver
Landfill Power Project, and that Mr. Joel Lusman has elected to step down from
the Board of Directors following completion of his term at the Annual General
Meeting (effective June 4, 2014).


Milner Expansion Project

The AUC had granted MAXIM approval to develop a 500 MW coal-fired generating
facility adjacent to the existing 150 MW Milner generating facility ("M1") on
August 10, 2011. On September 12, 2012, the Government of Canada enacted new
greenhouse gas legislation that limits the amount of carbon dioxide emitted by
coal-fired generation facilities. As a result, MAXIM applied to amend the M2
permit to convert the fuel source from coal to natural gas and to increase the
generating capacity to 520 MW. On June 4, 2014, the AUC approved MAXIM's
application for these amendments (Approval No. U2014-242).


Maxim Power BC Inc. - Vancouver Landfill Project

MAXIM announced today that it is has entered into an agreement to sell its
wholly-owned subsidiary, Maxim BC, to Village Farms International, Inc. for $4.5
million. Maxim BC owns and operates the Vancouver Landfill Power Project, a 7.4
MW electrical and 9.1 MW thermal energy landfill gas cogeneration project in
Delta, BC. Closing of the transaction is not subject to financing conditions and
is expected to close in the third quarter, subject only to customary closing
conditions. MAXIM will utilize the proceeds from the sale for strategic
corporate purposes.


Corporate Director

Mr. Joel Lusman, a Director of MAXIM since March 22, 2012, has elected to step
down from the Board of Directors following completion of his term at the 2014
Annual General Meeting (effective June 4, 2014). The Board and Management of
MAXIM thank Joel for his guidance and significant contributions to the
development and growth of MAXIM and wish him well in his future endeavours.


About MAXIM

Based in Calgary, Alberta, MAXIM is an independent power producer which acquires
or develops, owns and operates innovative and environmentally responsible power
and power related projects. MAXIM currently owns and operates 40 power plants in
western Canada, the United States and France, having 785 MW of electric
generating capacity. MAXIM trades on the TSX under the symbol "MXG". For more
information about MAXIM, visit our website at www.maximpowercorp.com.


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Maxim Power Corp.
John R. Bobenic
President and CEO
(403) 750-9300


Maxim Power Corp.
Michael R. Mayder
Vice President, Finance and CFO
(403) 750-9311
www.maximpowercorp.com

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