01:38:29 EDT Fri 14 Mar 2025
Enter Symbol
or Name
USA
CA



Login ID:
Password:
Save
NXT Energy Solutions Inc
Symbol SFD
Shares Issued 78,416,491
Close 2024-12-16 C$ 0.17
Market Cap C$ 13,330,803
Recent Sedar Documents

NXT Energy's John Tilson retires as director

2024-12-16 23:55 ET - News Release

Mr. Bruce Wilcox reports

NXT ENERGY SOLUTIONS INC. ANNOUNCES BOARD OF DIRECTOR CHANGES

John Tilson has retired from NXT Energy Solutions Inc.'s board of directors; 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. The board will miss his advice and mentorship and wishes him well in his retirement.

Jeffrey Tilson is the son of John Tilson and will carry on a tradition of support for NXT. He holds bachelors of science in finance and information systems e-commerce from California State University -- Long Beach and has worked as an investment adviser for over 23 years. Since 2012, he has managed his own referral-only investment consulting firm, JST Investment Consulting Inc., a registered investment adviser. Jeffrey Tilson 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. Jeffrey Tilson and his wife have significant shareholdings in NXT and Jeffrey Tilson is a trustee for the Tilson Family Trust.

Bruce G. Wilcox, chief executive officer of NXT Energy, noted: "While we will miss John's formal participation as an NXT director, we expect to continue profiting by his experience and advice in an informal capacity. It has been an honour to have him on the board. I have the greatest respect for John and his views. Also, over the years I have gotten to know Jeff as a highly skilled financial professional with great expertise and integrity. Our company will benefit from his knowledge and experience."

About NXT Energy Solutions Inc.

NXT Energy is a Calgary-based technology company whose proprietary airborne SFD survey system, applied in numerous basins around the world, uses the principles of quantum mechanics to infer stress anomalies of exploration interest. The method can be used both onshore and offshore to remotely identify areas conducive to fluid entrapment in order to recommend areas with commercial hydrocarbon and/or geothermal potential. The SFD survey system enables the company's clients to focus their exploration decisions concerning land commitments, data acquisition expenditures and prospect prioritization on areas with the greatest potential. SFD is environmentally friendly and unaffected by ground security issues or difficult terrain and is the registered trademark of NXT Energy. NXT Energy. provides its clients with an effective and reliable method to reduce time, costs and risks related to exploration.

© 2025 Canjex Publishing Ltd. All rights reserved.