Duyuru • Jul 03
NXT Energy Solutions Inc. Appoints Marvin Singer to its Board of Directors NXT Energy Solutions Inc. announced that Mr. Marvin Singer joined the board of directors as the representative for Ataraxia Capital, as per the terms of the Investor's Rights Agreement between the Company and Ataraxia Capital. Mr. Singer has been a corporate consultant to private and public companies since January 2020. In 2019, he retired from practising corporate, securities and natural resources law, most recently as a Senior Partner at Norton Rose Fulbright Canada LLP. Mr. Singer has extensive experience in structuring and implementing acquisitions, joint ventures, divestitures, mergers, take-overs, corporate reorganizations, financings and corporate governance. Since retiring he has acted as a director of several Canadian public companies. Mr. Singer received a LL.B. degree from the Osgoode Hall Law School, Toronto, Canada. Duyuru • Mar 31
NXT Energy Solutions Inc., Annual General Meeting, Jun 09, 2026 NXT Energy Solutions Inc., Annual General Meeting, Jun 09, 2026. Location: alberta, calgary Canada Duyuru • Nov 25
NXT Energy Solutions Inc. announced that it has received CAD 2.8202 million in funding from Mork Capital Management, LLC NXT Energy Solutions Inc. announced a private placement to issue 7,050,500 common shares of the Company at a price of CAD 0.40 per share for total gross proceeds of approximately CAD 2,820,200 ($2,000,000) on November 24, 2025. The transaction included participation from returning investor MCAPM LP ("Mork Capital"). The investor now owns approximately 32.3% of the outstanding common shares of the Company. The common shares issued as a result of the Investment will be subject to a hold period of four months plus a day from the date of issuance. The Company has received conditional approval from the Toronto Stock Exchange (the "TSX") for the Investment. Prior to completion of the Private Placement, investor owned 30,526,321 Common Shares (approximately 27.94% of the then issued and outstanding Common Shares on a non-diluted basis). After completion of the Private Placement, investor owns 37,576,821 Common Shares, representing approximately 32.30% of the issued and outstanding Common Shares on a non-diluted basis. Duyuru • Mar 22
NXT Energy Solutions Inc., Annual General Meeting, Jun 02, 2025 NXT Energy Solutions Inc., Annual General Meeting, Jun 02, 2025. Location: alberta, calgary Canada Duyuru • Feb 14
NXT Energy Solutions Inc. to Report Q4, 2024 Results on Mar 24, 2025 NXT Energy Solutions Inc. announced that they will report Q4, 2024 results on Mar 24, 2025 Duyuru • Dec 17
NXT Energy Solutions Inc. Announces Board Changes NXT Energy Solutions Inc. announced that John Tilson has retired from the Board of Directors and that Jeffrey S. Tilson has been appointed to the Board. John Tilson is a substantial long-term shareholder of NXT and has served on the Board since 2015. His depth of experience and focus on results have provided invaluable guidance to the Company. Jeffrey Tilson will carry on a tradition of support for NXT. He holds a Bachelor of Science degrees in Finance and Information Systems E-Commerce from California State University-Long Beach and has worked as an Investment Advisor for over 23 years. Since 2012 he has managed his own referral-only investment consulting firm, JST Investment Consulting Inc., a Registered Investment Advisor. Jeff has successfully served in leadership roles on the boards of non-profit organizations and will bring finance, customer focus and leadership skills to the Board. Jeff and his wife have significant shareholdings in NXT and Jeff is a trustee for the Tilson Family Trust. Duyuru • Nov 13
NXT Energy Solutions Inc. announced that it has received $0.9 million in funding from Ataraxia Capital Partners On November 12, 2024. NXT Energy Solutions Inc. announced it has completed the final tranche of a planned private placement
of an aggregate principal amount of $900,000. Duyuru • Nov 01
NXT Energy Solutions Inc. announced that it has received $0.5 million in funding from Ataraxia Capital Partners NXT Energy Solutions Inc. announced a private placement that it has issued convertible debentures of the compant for the principal amount of $500,000 on October 30, 2024. The transaction included participation from Ataraxia Capital Partners. The Convertible Debenture bears interest at a rate of 10% per annum and the principal amount thereof becomes due and payable on the earlier of demand by the Acquiror or October 30, 2026. Interest on the principal amount of the Debenture shall be due and payable in quarterly instalments. All or any portion of the outstanding principal amount of indebtedness under the Convertible Debenture will be convertible at the option of the Acquiror into Shares at a conversion price of $0.24 per Share at any time prior to the Maturity Date. Duyuru • Aug 07
Galan Response to AFR Street Talk Article Galan Lithium Limited (ASX:GLN) refers to a recent media report that it has received a takeover bid. Galan advises that it has not received a takeover bid but that it has received an unsolicited, confidential, conditional, non-binding indicative proposal from NXT Energy Solutions Inc. (OTCPK:NSFD.F) (Energy Exploration Technologies Inc.) (EnergyX) in relation to a potential acquisition of Galan's Argentinian lithium assets (Proposal). The Proposal is to acquire assets and real property held by Galan related to its holdings in Salar del Hombre Muerto and Candelas (Project Assets) for USD 50 million in cash, and common shares in EnergyX which EnergyX values at USD 50 million. EnergyX is a corporation incorporated under the laws of Puerto Rico and its securities, including its common shares, are not quoted or traded on any stock exchange. Under the Proposal EnergyX would also provide: USD 50 million, which it is noted would not be payable to Galan but rather to EnergyX's wholly owned subsidiary which would own the Project Assets, with those funds to be committed and wholly dedicated to completing the first commercial phase of lithium production at Hombre Muerto West and maintaining the Project Assets and a 10% gross revenue royalty to Galan for 10 years starting from commercial production. Galan has been seeking to negotiate a confidentiality agreement with EnergyX in respect of the Proposal. The confidentiality agreement currently sits with EnergyX. The Proposal is conditional on, amongst other things, completion of satisfactory due diligence and negotiation and execution of definitive, binding transaction documentation. The Proposal remains subject to consideration by Galan's board, and given the early stage nature of discussions and its conditionality, there is no certainty a transaction will eventuate. Given the Proposal contemplates the disposition of Galan's main undertaking, Galan shareholder approval would be a necessary condition to completion under a binding agreement, if such an agreement were to eventuate. Galan confirms that it is in compliance with ASX Listing Rules, particularly, Listing Rule 3.1, and will keep shareholders informed in accordance with its continuous disclosure obligations. Duyuru • Jul 17
NXT Energy Solutions Inc. Approves the Election of Peter Mork as Director NXT Energy Solutions Inc. at its AGM held on July 15, 2024, approved the election of Peter Mork as Director. Duyuru • Jun 05
NXT Energy Solutions Inc. announced that it has received CAD 2 million in funding from MCap Media Limited NXT Energy Solutions Inc announced a subscription agreement and issued convertible debentures at a the principal amount of $2,000,000 (CAD 2,742,800) for a gross proceeds of $2,000,000 on June 3, 2024. The transaction included participation from MCAPM LP. The Debentures bear interest at 10% per annum, paid quarterly in arrears, and are due and payable two years after the issue date. The Debentures are convertible into common shares of common share at a conversion price of $0.25 (CAD 0.3428) per Common Share which provides MCAPM LP with the right to obtain up to 8,000,000 common shares of NXT. Duyuru • Apr 06
NXT Energy Solutions Inc., Annual General Meeting, Jun 19, 2024 NXT Energy Solutions Inc., Annual General Meeting, Jun 19, 2024. Duyuru • Mar 01
NXT Energy Solutions Inc. to Report Q4, 2023 Results on Mar 25, 2024 NXT Energy Solutions Inc. announced that they will report Q4, 2023 results on Mar 25, 2024 Duyuru • Jan 12
NXT Energy Solutions Inc. announced that it has received CAD 3.921 million in funding from Mork Capital Management, LLC, MCap Media Limited On January 12, 2024, NXT Energy Solutions Inc., closed the transaction. The company raised CAD 2,542,000 in the second and final tranche closing. the trasnaction included particpation from insider for CAD 2,075,000, MCAPM, LP and Michael P. Mork for CAD 1,882,000. Duyuru • Nov 10
NXT Energy Solutions Inc. announced that it expects to receive CAD 3.4475 million in funding from Mork Capital Management, LLC, MCap Media Limited NXT Energy Solutions Inc. announced that it will issue convertible debenture for an aggregate principal amount of CAD 3,447,500 on November 8, 2023. The transaction will include participation from returning investor, Mork Capital Management, LLC, new investor, MCap Media Limited. The debentures are convertible into common shares of the company at a conversion price of CAD 0.25 per share. The debentures bear interest at 10.0% per annum.
On the same date the company announced that it has raised CAD 2,068,500 in its first tranche closing. The Company intends to complete the remaining US$1,500,000 of the Debenture offering on or before December 15, 2023. Duyuru • Jun 22
NXT Energy Solutions Inc. Appoints Bruce G. Wilcox Interim Chief Executive Officer NXT Energy Solutions Inc. announced the appointment of Mr. Bruce G. Wilcox as Interim Chief Executive Officer, effective immediately. Mr. Wilcox has been a member of the Company’s board of directors since 2015, and brings extensive capital markets and energy investment experience to NXT’S executive team. Mr. Wilcox holds a Bachelor of Arts (Honors), in Modern Chinese from the University of California, Santa Barbara, and a Master of International Management from the American Graduate School of International Management in Phoenix. Mr. Wilcox has had a long career as an investment company CEO, analyst and portfolio manager. He spent most of his career with Cumberland Associates, LLC, a New York equity fund, from 1986 through retirement in 2010, progressing from analyst /portfolio manager to partner (1989), and Chairman of the Management Committee (1997). Mr. Wilcox specialized in Cumberland's investments in the energy industry (exploration and production and service companies), with an emphasis on value and long-term holdings. During his tenure, the fund's assets under management ranged from USD 0.7 billion to $1.5 billion. From 1984 to 1986, Mr. Wilcox was with Central National-Gottesman Inc. as an analyst and portfolio manager on a team responsible for a $500 million listed equity portfolio. Mr. Wilcox was CEO of E Street Management, LLC from 2016 through 2020 which managed a long/short equity fund of funds. From January 2011 to present he has also been one of three managing members of Xiling Fund III, LLC, part of a series of private equity funds (USD 100+ million) which specialize in investing in museum-quality Imperial Chinese porcelains, archaic bronzes and ink paintings. Mr. Wilcox is a member of several boards, including the Teachers College of Colombia University, acting as the Chair of the Investment Committee since 2003; the University of California Santa Barbara Foundation, including as former Chair of the Board of Trustees, Investment and Finance Committees; and was a Trustee (2001 to May, 2023) of the Manhattan Institute For Policy Research, a leading urban, state, and national policy institution, which works on matters such as energy policy. Mr. Wilcox will continue to serve on the NXT’s board of directors. Duyuru • Jun 06
NXT Energy Solutions Inc. Appoints Theodore Patsellis as Director NXT Energy Solutions Inc. announced that Mr. Theodore Patsellis is joining the Board of Directors as the representative for Ataraxia as per the terms of the convertible debenture. Mr. Patsellis is a Greek attorney admitted to the Athens Bar Association in 1996, a Greek Ministry of Justice certified Mediator, and the Owner of a Law firm since 2013. He holds a Bachelor Degree from the Athens Capodistrian Law University and an LL.M. degree from the Ludwig-Maximilian University of Munich. Having worked for many years with Ernst & Young, Hill International Inc. and other renowned law firms, Mr. Patsellis has acquired extensive experience working in diversified environments and a variety of business cultures. With a strong German background and the experience of having lived and worked in Germany, Greece, Serbia and Romania as a lawyer and tax professional, he was able to lead a team of professionals involved in large business transactions in the South-East European region. His expertise comprises M&A, Corporate, Transaction Law, Local and International taxation, Corporate Governance and Compliance. His industry knowledge ranges from the Telecommunications and Energy sectors to the Retail, Hospitality and Consumer Products, Pharmaceuticals, and Real Estate. He is currently sitting on the Board of Directors of PANA Holdings in Mauritius and Vivid Living Co. S.A. in Greece. Duyuru • May 25
NXT Energy Solutions Inc. announced that it expects to receive CAD 3.126758 million in funding from Synergy E&P LLC NXT Energy Solutions Inc. announced a private placement of convertible debt for gross proceeds of CAD 3,126,758 on May 25, 2023. The transaction included participation from an affiliate of Synergy E&P LLC. The convertible debt bears an interest at the rate of 10% quarterly. The shares will be convertible at a price of CAD 0.194 per common share and will have the right to appoint a board member. The Company has made an application to the Toronto Stock Exchange for conditional approval of this Convertible Debenture financing. Duyuru • Jan 26
NXT Energy Solutions Inc. announced that it has received CAD 1.883365 million in funding from Mork Capital On January 25, 2023, NXT Energy Solutions Inc. closed the transaction. The company has issued 300,000 common shares at an issue price of CAD 0.195 for the gross proceeds of CAD 58,500 in the third and final tranche. The company has issued 9,658,282 common shares in the transaction. The insiders purchased 9,178,282 common shares at an issue price of CAD 0.195 for the gross proceeds of CAD 1,789,765. The company has paid CAD 1,170 as the finder's fees in connection with the transaction. 
