MXG Maxim Power Corp

Maxim Power Corp. ("MAXIM" or the "Corporation") (TSX:MXG) announced today that
the Alberta Energy and Resources Conservation Board ("ERCB") has issued Approval
No. C 2013-3 to MAXIM's wholly owned subsidiary, Milner Power Inc., to construct
and operate a coal beneficiation plant in proximity to the Milner generating
station. MAXIM now has all necessary environmental approvals to construct and
operate a coal beneficiation facility.


The new coal beneficiation plant, designated by the ERCB as Coal Processing
Plant No. 11, will be used to bifurcate coal mined from the MAXIM's Summit Coal
Mine 14 into a high-quality, low-mid volatile, metallurgical coal for shipment
to export markets, and a fuel grade coal suitable for power production at the
Milner generating station. The planned new beneficiation plant is capable of
processing run-of-mine coal at a rate of 1.3 million tonnes per annum.


MAXIM considers its Summit Coal resources, which are comprised of Mine 14 and
Mine 16S, to be valuable strategic assets. Mine 14 is a fully permitted mine
that will be located north of Grande Cache, Alberta and is currently estimated
to contain 18.9 million recoverable tonnes of high quality metallurgical coal.
(Refer to Technical Report on The No. 14 Mine Project filed on SEDAR on March
21, 2013.) Mine 16S is located 30 kilometers northwest of Mine 14 and represents
29% of Summit's total area of leases. An NI 43-101 Technical Report has not been
prepared for the Mine 16S property. Summit's potential coal resources have
significant value both as a fuel source for MAXIM's existing Milner generating
facility and for the sale of export metallurgical coal.


MAXIM anticipates that Mine 14 and the coal beneficiation plant will commence
construction in 2013 and will commence commercial operation in Q1 2015.


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
41 power plants in western Canada, the United States and France, having 804 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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