CALGARY, Alberta, May 12, 2022 (GLOBE NEWSWIRE) — NXT Energy Solutions Inc. (“NXT” or the “Company”) (TSX: SFD; OTC QB: NSFDF) today announced the Company’s financial and operating results for the quarter ended March 31, 2022. All dollar amounts herein are in Canadian Dollars unless otherwise identified.

Financial and Operating Highlights

cash and short-term investments at March 31, 2022 were $1.87 million;

accounts receivable payments of approximately $246,922 was received in Q1-22, $154,326 in April 2022, and $390,000 is anticipated to be received in May 2022;

the Company recorded SFD® related revenues of $nil;

a net loss of $1.84 million

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CALGARY, Alberta, May 10, 2022 (GLOBE NEWSWIRE) — NXT Energy Solutions Inc. (“NXT” or the “Company”) (TSX:SFD; OTC QB:NSFDF) announces it will release its first quarter 2022 financial and operating results for the quarter ended March 31, 2022, on Thursday, May 12, 2022 after market close. A conference call to discuss the first quarter 2022 results will be held on Monday, May 16, 2022 at 4:30 p.m. Eastern Time (2:30 p.m. Mountain Time).

Details of the conference call are as follows:

Date: Monday, May 16, 2022 Time: 4:30 p.m. Eastern Time (2:30 p.m. Mountain Time) Participants call: 1-800-806-5484 Conference ID:… Continue Reading

CALGARY, Alberta, March 31, 2022 (GLOBE NEWSWIRE) — NXT Energy Solutions Inc. (“NXT” or the “Company”) (TSX: SFD; OTC QB: NSFDF) today announced the Company’s financial and operating results for the year ended December 31, 2021. All dollar amounts herein are in Canadian Dollars unless otherwise identified.

Financial and Operating Highlights

Key financial and operational highlights include:

the Company completed the 2021 advisory services and funding of $50,000 from the National Research Council of Canada Industrial Research Assistance Program (“NRC IRAP”) to support the research and development of the SFD® technology for geothermal applications;

NXT announced that its patent application

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CALGARY, Alberta, March 29, 2022 (GLOBE NEWSWIRE) — NXT Energy Solutions Inc. (“NXT” or the “Company”) (TSX:SFD; OTC QB:NSFDF) announces it will release its 2021 financial and operating results for the year ended December 31, 2021, on Thursday, March 31, 2022 after market close. A conference call to discuss the 2021 financial and operating results will be held on Monday April 4, 2022 at 4:30 p.m. Eastern Time (2:30 p.m. Mountain Time).  

The timing of the release of the 2021 financial and operating results is still within the filing deadline of March 31, 2022.

Details of the conference call are … Continue Reading

CALGARY, Alberta, March 22, 2022 (GLOBE NEWSWIRE) — NXT Energy Solutions Inc. (“NXT” or the “Company”) (TSX:SFD; OTC QB:NSFDF) announces it will release its 2021 financial and operating results for the year ended December 31, 2021, on Tuesday, March 29, 2022 after market close. A conference call to discuss the 2021 financial and operating results will be held on Wednesday, March 30, 2022 at 4:30 p.m. Eastern Time (2:30 p.m. Mountain Time).

The release of the 2021 financial and operating results has been moved to March 29, 2022 due to scheduling conflicts, but is still within the filing deadline of … Continue Reading

CALGARY, Alberta, March 17, 2022 (GLOBE NEWSWIRE) — NXT Energy Solutions Inc. (“NXT” or the “Company”) (TSX:SFD; OTC QB:NSFDF) announces it will release its 2021 financial and operating results for the year ended December 31, 2021, on Wednesday, March 23, 2022 after market close. A conference call to discuss the 2021 financial and operating results will be held on Thursday, March 24, 2022 at 4:30 p.m. Eastern Time (2:30 p.m. Mountain Time).

Details of the conference call are as follows:

Date: Thursday, March 24, 2022 Time: 4:30 p.m. Eastern Time (2:30 p.m. Mountain Time) Participants call: 1-800-806-5484 Local dial-in numbers… Continue Reading

CALGARY, Alberta, Dec. 01, 2021 (GLOBE NEWSWIRE) — NXT Energy Solutions Inc. (“NXT” or the “Company”) (TSX:SFD; OTC QB:NSFDF) today announced that it will be presenting at the Sidoti December Microcap Conference on Wednesday, December 8, 2021 at 4:00 pm EST / 1:00 pm PST. George Liszicasz (CEO) and Eugene Woychyshyn (CFO) will be presenting to a virtual audience. NXT’s presentation will be available on December 7, 2021 at www.nxtenergy.com.

To register for the free live presentation, please use the following information:

Sidoti December Microcap Conference 2021

Presentation Date: Wednesday, December 8, 2021
Presentation Time: 4:00 pm Eastern Time/1:00 … Continue Reading

CALGARY, Alberta, Nov. 15, 2021 (GLOBE NEWSWIRE) — NXT Energy Solutions Inc. (“NXT” or the “Company”) (TSX: SFD; OTC QB: NSFDF) today announced the Company’s financial and operating results for the quarter ended September 30, 2021.  All dollar amounts herein are in Canadian Dollars unless otherwise identified.  

Q3 Financial and Operating Highlights

Key financial and operational highlights for Q3-21 are summarized below:

On July 1, 2021 energy exploration veteran, Gerry Sheehan, joined the Board;

The Company began receiving advisory services and funding of up to $50,000 from the National Research Council of Canada Industrial Research Assistance Program to support the

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CALGARY, Alberta, Nov. 08, 2021 (GLOBE NEWSWIRE) — NXT Energy Solutions Inc. (“NXT” or the “Company”) (TSX:SFD; OTC QB:NSFDF) announces it will release its third quarter 2021 financial and operating results for the quarter ended September 30, 2021, on Monday, November 15, 2021 after market close. A conference call to discuss the third quarter 2021 results will be held on Tuesday, November 16, 2021 at 4:30 p.m. Eastern Time (2:30 p.m. Mountain Time).

Details of the conference call are as follows:

Date: Tuesday, November 16, 2021 Time: 4:30 p.m. Eastern Time (2:30 p.m. Mountain Time) Participants call 1-800-806-5484 Local dial-in… Continue Reading

CALGARY, Alberta, Oct. 07, 2021 (GLOBE NEWSWIRE) — NXT Energy Solutions Inc. (“NXT” or the “Company”) (TSX:SFD; OTC QB:NSFDF) today announced that it will be presenting at the LD Micro Main Event on Thursday, October 14, 2021 at 7:30 am PDT / 10:30 am EDT. George Liszicasz (CEO) and Eugene Woychyshyn (CFO) will be presenting to a virtual audience. NXT’s presentation is available at www.nxtenergy.com.

To view the free on-line presentation, please register at: https://me21.mysequire.com/ 

The Main Event will take place from October 12 to 14, 2021.

LD Micro Main Event (XIV)
Presentation Date: Thursday, October 14, 2021
Presentation … Continue Reading

CALGARY, Alberta, Sept. 16, 2021 (GLOBE NEWSWIRE) — NXT Energy Solutions Inc. (“NXT” or the “Company”) (TSX: SFD; OTC QB: NSFDF) today announced an update on the Company’s recent research and development programs.

NXT is pleased to report that progress continues with respect to the development of the “SFD-GT” geothermal sensor family for which NXT is receiving advisory services and funding from the National Research Council of Canada’s Industrial Research Assistance Program. To facilitate SFD-GT sensor development, NXT tested existing SFD® sensors under different operating parameters associated with subsurface conditions favourable for geothermal resources. The test results have demonstrated that … Continue Reading

CALGARY, Alberta, Aug. 12, 2021 (GLOBE NEWSWIRE) — NXT Energy Solutions Inc. (“NXT” or the “Company”) (TSX: SFD; OTC QB: NSFDF) today announced the Company’s financial and operating results for the quarter ended June 30, 2021. All dollar amounts herein are in Canadian Dollars unless otherwise identified.

Q2 Financial and Operating Highlights

Key financial and operational highlights for Q2-21 are summarized below:

The Company recorded survey revenue of $3.14 million in Q2-21 and YTD 2021;

Net income per common share for Q2-21 was $0.02 basic and $0.02 diluted, including stock-based compensation and amortization expense of $0.50 million;

Cash flow provided

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