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NXT Energy Solutions Provides Operational Update

September 16, 2021 via Globenewswire Tagged With: TSX:SFD

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

NXT Energy Solutions Announces Second Quarter 2021 Results

August 12, 2021 via Globenewswire Tagged With: TSX:SFD

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
  • … Continue Reading

    NXT Energy Solutions to Present at the Sidoti August Microcap Conference

    August 11, 2021 via Globenewswire Tagged With: TSX:SFD

    CALGARY, Alberta, Aug. 11, 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 August Microcap Conference on Wednesday, August 18, 2021 at 11:30 am EDT / 8:30 am PDT. George Liszicasz (CEO) and Eugene Woychyshyn (CFO) will be presenting to a virtual audience. NXT’s presentation will be available on August 17th at www.nxtenergy.com.

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

    Sidoti August Microcap Conference 2021

    Presentation Date: Wednesday, August 18, 2021
    Presentation Time: 11:30 am Eastern Time/8:30 am Pacific … Continue Reading

    NXT Energy Solutions Inc. Announces Release Date for Its Second Quarter 2021 Results and Conference Call

    August 5, 2021 via Globenewswire Tagged With: TSX:SFD

    CALGARY, Alberta, Aug. 05, 2021 (GLOBE NEWSWIRE) — NXT Energy Solutions Inc. (“NXT” or the “Company”) (TSX:SFD; OTC QB:NSFDF) announces it will release its second quarter 2021 financial and operating results for the quarter ended June 30, 2021, on Thursday, August 12, 2021 after market close. A conference call to discuss the second quarter 2021 results will be held on Monday, August 16, 2021 at 4:30 p.m. Eastern Time (2:30 p.m. Mountain Time).

    Details of the conference call are as follows:

    Date: Monday, August 16, 2021 Time: 4:30 p.m. Eastern Time (2:30 p.m. Mountain Time) Participants call: 1-855-783-0506 Conference ID:… Continue Reading

    NXT Energy Solutions Announces R&D Funding for Its SFD® Geothermal Project

    August 3, 2021 via Globenewswire Tagged With: TSX:SFD

    CALGARY, Alberta, Aug. 03, 2021 (GLOBE NEWSWIRE) — NXT Energy Solutions Inc. (“NXT” or the “Company”) (TSX:SFD; OTC QB:NSFDF) is pleased to announce it is receiving advisory services and funding of up to $50,000 from the National Research Council of Canada Industrial Research Assistance Program (“NRC IRAP”) to support the research and development of the Stress Field Detection (SFD®) technology for geothermal applications. The objective of this project will be to test, identify and analyze the desired elements of the SFD® geothermal sensor response over known geothermal areas with the ultimate goal of providing a green upstream geophysical service for … Continue Reading

    NXT Energy Solutions Inc. Announces That Energy Exploration Veteran Gerry Sheehan Joins the Board of Directors

    June 23, 2021 via Globenewswire Tagged With: TSX:SFD

    CALGARY, Alberta, June 23, 2021 (GLOBE NEWSWIRE) — NXT Energy Solutions Inc. (“NXT” or the “Company”) (TSX:SFD; OTC QB:NSFDF) today announced that Mr. Gerry Sheehan is joining its Board of Directors, effective July 1, 2021.

    Mr. Sheehan has worked continuously in international oil and gas exploration, development, and production for over 38 years. He has broad technical and business development experience in Africa, South Asia and Europe which he will bring to NXT, as the Company seeks new markets for its proven SFD® tool.

    Mr. Sheehan began his career in 1982 as a Geophysicist with Britoil plc. (formerly, the British … Continue Reading

    NXT Energy Solutions Inc. Announces Results of Annual Meeting of Shareholders

    June 8, 2021 via Globenewswire Tagged With: TSX:SFD

    CALGARY, Alberta, June 08, 2021 (GLOBE NEWSWIRE) — NXT Energy Solutions Inc. (“NXT” or the “Company”) (TSX: SFD; OTC QB: NSFDF) is pleased to provide the voting results from its Annual Meeting of Shareholders held on June 7, 2021.

    Shareholders approved the following:

  • Election of Directors: the incumbent six directors of the Company were re-elected to hold office until the next annual meeting of shareholders or until their successors are duly elected or appointed.
  • Appointment of Auditors: KPMG LLP were reappointed as the auditors of the Company for the next year at a remuneration to be determined by
  • … Continue Reading

    NXT to Present at the LD Micro Invitational XI Virtual Event

    June 3, 2021 via Globenewswire Tagged With: TSX:SFD

    CALGARY, Alberta, June 03, 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 Invitational XI Virtual Event on Tuesday, June 8, 2021 at 1:00 pm PDT / 4:00 pm EDT. George Liszicasz (CEO) and Eugene Woychyshyn (CFO) will be presenting to a virtual audience. NXT’s presentation will be available the morning of June 8th at www.nxtenergy.com.

    To view the free on-line presentation, please register at: https://ldmicrojune2021.mysequire.com/ 

    The Invitational Event will take place from June 8 to 10, 2021.

    LD Micro Invitational XI … Continue Reading

    NXT to Present at The 13th Annual LD Micro Main Event Conference

    December 8, 2020 via Globenewswire Tagged With: CA62948Q1072, TSX:SFD

    CALGARY, Alberta, Dec. 08, 2020 (GLOBE NEWSWIRE) — NXT Energy Solutions Inc. (“NXT” or the “Company”) (TSX:SFD; OTC QB:NSFDF) today announced that it will be presenting at the 13th annual LD Micro Main Event investor conference on Monday, December 14, 2020 at 10:20 am PST / 1:20 pm EST. George Liszicasz (CEO) and Eugene Woychyshyn (CFO) will be presenting to a virtual audience. NXT’s presentation will be available at www.nxtenergy.com on December 14, 2020.

    Register here: ve.mysequire.com/

    The Main Event will feature a new and unique format, with companies presenting for 10 minutes, followed by 10 minutes of Q&A by … Continue Reading

    NXT Energy Solutions Announces Third Quarter 2020 Results

    November 17, 2020 via Globenewswire Tagged With: CA62948Q1072, TSX:SFD

    CALGARY, Alberta, Nov. 16, 2020 (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, 2020. All dollar amounts herein are in Canadian Dollars.

    Q3 Financial and Operating Highlights

    Key financial and operational highlights for the third quarter include:

  • Repayment was received from Alberta Green Ventures Limited Partnership (“AGV”) in respect of the previously disclosed loan arrangement whereby NXT loaned AGV US$250,000 for the purpose of furthering shared objectives under the Co-operation Agreement (the “Loan Arrangement”);
  • Cash and short-term investments at September
  • … Continue Reading

    NXT Energy Solutions Announces Release Date For Its Third Quarter 2020 Results and Conference Call

    November 9, 2020 via Globenewswire Tagged With: CA62948Q1072, TSX:SFD

    CALGARY, Alberta, Nov. 09, 2020 (GLOBE NEWSWIRE) — NXT Energy Solutions Inc. (“NXT” or the “Company”) (TSX:SFD; OTC QB:NSFDF) announces it will release its third quarter 2020 financial and operating results for the quarter ended September 30, 2020, on Monday, November 16, 2020 after market close. A conference call to discuss the third quarter 2020 results will be held on Tuesday, November 17, 2020 at 4:30 p.m. Eastern Time (2:30 p.m. Mountain Time).

    Details of the conference call are as follows:

    Date: Tuesday November 17, 2020 Time: 4:30 p.m. Eastern Time (2:30 p.m. Mountain Time) Participants call: 1-855-783-0506 Conference ID… Continue Reading

    NXT Energy Solutions Inc. Announces Results of Annual Meeting of Shareholders

    August 26, 2020 via Globenewswire Tagged With: CA62948Q1072, TSX:SFD

    CALGARY, Alberta, Aug. 26, 2020 (GLOBE NEWSWIRE) — NXT Energy Solutions Inc. (“NXT” or the “Company”) (TSX: SFD; OTC QB: NSFDF) is pleased to provide the voting results from its Annual Meeting of Shareholders held on August 25, 2020.

    Shareholders approved the following:

  • Election of Directors: the incumbent six directors of the Company were re-elected to hold office until the next annual meeting of shareholders or until their successors are duly elected or appointed.
     
  • Appointment of Auditors: KPMG LLP were reappointed as the auditors of the Company for the next year at a remuneration to be determined by
  • … Continue Reading
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