NXT Energy Solutions Inc. Announces Management Change and Appointment of Leading Investor Relations Firm
11 July 2011 - 9:00PM
PR Newswire (Canada)
CALGARY, July 11, 2011 /CNW/ -- CALGARY, July 11, 2011 /CNW/ - NXT
Energy Solutions Inc. ("NXT") (TSX-V:SFD; NASDAQ-OTCBB:NSFDF),
announces that Greg Leavens has joined the Company as VP Finance
and Chief Financial Officer. Mr. Leavens is a Chartered
Accountant with more than 20 years of experience that has included
senior financial roles within the oil and gas exploration and
production, as well as services sectors. Mr. Leavens was
Chief Financial Officer of Result Energy Inc. from 2003 until
November 2009, subsequent to which he was involved in a variety of
consulting roles. Mr. Leavens is succeeding Ken Rogers, who has
served as NXT's VP Finance and CFO since January 2006. Mr.
Rogers is leaving the Company to pursue other interests. "The
addition of Mr. Leavens to our management team will provide us with
financial and strategic leadership during this period of commercial
expansion," said George Liszicasz, NXT's President and
CEO. "NXT and the Board of Directors want to thank Ken for his
contributions that helped us evolve into a reputable service
provider over the past five years. We look forward to continuing to
work with Ken in the future and wish him the best in his future
endeavors." NXT also announces that it has retained The Equicom
Group Inc. ("Equicom") to provide strategic investor relations and
communications services. Equicom provides strategic communications
services to approximately 100 public companies across a diverse
range of industries. Under the terms of the agreement, NXT will pay
Equicom a monthly fee of $6,000 for select strategic communication
services. The contract commences immediately. Neither Equicom nor
any of its principals have an ownership interest, directly or
indirectly, in NXT or its securities, nor has the Company granted
Equicom or its principals any rights to acquire any such interests.
Equicom is a wholly-owned subsidiary of TMX Group Inc. About NXT
Energy Solutions Inc. NXT is a Calgary based company providing
airborne detection solutions to support international hydrocarbon
exploration enabling our clients to focus their exploration
decisions concerning land commitments, data acquisition
expenditures and prospect prioritization onto the areas with the
greatest potential. NXT's proprietary airborne Stress Field
Detection ("SFD®") survey system provides a unique survey method
that remotely identifies potential traps and reservoirs. SFD® is
environmentally friendly and unaffected by ground security issues
or difficult terrain and is effective both onshore and offshore.
NXT provides its clients an efficient and reliable method to
conduct frontier surveys to support exploration. SFD® is the
registered trademark of NXT Energy Solutions Inc. Forward-Looking
Statement This news release includes a forward-looking
statement. When used in this document, words such as "see",
"anticipate" and "scheduled", are forward-looking statements.
Forward-looking statements are subject to a wide range of risks and
uncertainties, and although the Company believes that the
expectations represented by such a forward-looking statement are
reasonable; there can be no assurance that such expectations will
be realized. Any number of factors can cause actual results
to differ materially from those in the forward-looking statement.
Neither TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture
Exchange) nor NASDAQ OTCBB Exchanges accept responsibility for the
adequacy or accuracy of this release. To view this news release in
HTML formatting, please use the following URL:
http://www.newswire.ca/en/releases/archive/July2011/11/c4479.html
table border="1" cellspacing="0" class="cnwBorderedTable" tr
valign="top" td align="left" Greg Leavens, CFO /td td valign="top"
align="left" Jeremy Dietz /td /tr tr valign="top" td align="left"
NXT Energy Solutions Inc. /td td valign="top" align="left" The
Equicom Group /td /tr tr valign="top" td align="left" 505 - 3rd
Street, S.W., Suite
1400
/td td valign="top" align="left" 300 - 5th Avenue SW, 10th
Floor /td /tr tr valign="top" td align="left" Calgary,
Alberta, Canada T2P 3E6 /td td valign="top" align="left" Calgary,
AB, Canada T2P 3C4 /td /tr tr valign="top" td align="left"
Tel: (403) 264-7020 /td td valign="top" align="left" Tel:
(403)218-2833 /td /tr tr valign="top" td align="left" Fax: (403)
264-6442 /td td valign="top" align="left" a
href="mailto:jdietz@equicomgroup.com"jdietz@equicomgroup.com/a /td
/tr tr valign="top" td align="left" a
href="mailto:nxt_info@nxtenergy.com"nxt_info@nxtenergy.com/a /td td
valign="top" align="left" /td /tr tr valign="top" td
align="left" a href="http://www.nxtenergy.com"www.nxtenergy.com/a
/td td valign="top" align="left" /td /tr /table p /p
Copyright
NXT Energy Solutions Inc. (TSXV:SFD)
Historical Stock Chart
From May 2024 to Jun 2024
NXT Energy Solutions Inc. (TSXV:SFD)
Historical Stock Chart
From Jun 2023 to Jun 2024
Real-Time news about (TSX Venture Exchange): 0 recent articles
More Nxt Energy Solutions Inc. News Articles