May 11 (Reuters) - Maxim Power Corp MXG.TO :
* Maxim Power Corp announces 2017 first quarter financial and operating results
* Maxim power-on may 1 maxim provided notice to Alberta electric system operator to temporarily suspend generation of electricity at m1 effective July 28, 2017
* Qtrly revenue $16.2 million versus $15.1 million
* Maxim Power Corp - decision to temporarily suspend operations at m1 was due to continued record low Alberta power prices
* Maxim Power - laying up M1 operations will result in 75% reduction of plant staff through a combination of layoffs & severances for undetermined period
* Qtrly FFO loss per share basic and diluted $0.01 Source text for Eikon: ID:nCCNkxMVD Further company coverage: MXG.TO