NXT Energy Solutions Inc.

Published : January 13th, 2015

Honorable George Allen Joins NXT Energy Solutions Advisory Board

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Honorable George Allen Joins NXT Energy Solutions Advisory Board

CALGARY, ALBERTA--(Marketwired - Jan 13, 2015) - NXT Energy Solutions Inc. ("NXT Energy" or the "Company") (TSX VENTURE:SFD) (NSFDF) advises that the Honorable George Allen has joined its independent Advisory Board to assist in business development initiatives, with a focus on the United States of America.

George Allen served as Governor of the Commonwealth of Virginia from 1994 to 1998, and as US Senator from 2001 to 2007. Gov. Allen currently is Co-chair of the Competitiveness Initiative for the National Association of Manufacturers, Reagan Ranch Presidential Scholar for the Young America's Foundation, Ambassador of the Ass'n for Passive Optical LAN technology, and serves on several boards, including Armada Hoffler (AHH:NYSE), Nano Risk Assessment, Inc., and the National Ass'n for Jobs and Innovation. In 2009 he launched the American Energy Freedom Center, whose mission includes promoting American jobs, economic prosperity and competition in the development and use of America's vast energy resources.

Allen stated "I have been familiar with NXT Energy's environmentally-friendly SFD® technology for a number of years. I admire and value innovative technological advancements, particularly ones such as SFD® which has the potential to positively impact oil and gas exploration economics and can enhance American strategic energy independence. I look forward to working with the NXT Energy team to inform responsible energy leaders about the attributes of aerially-derived SFD® geophysical data analysis to rapidly identify areas with the best exploration prospectivity."

George Liszicasz, President and CEO of NXT Energy, noted "we are excited to have Gov. George Allen join us, and look forward to drawing on his broad experience and network of contacts. There are vast under-explored conventional markets onshore and offshore that can benefit from the use of our proprietary survey technology, especially in remote and environmentally sensitive areas such as Alaska, the Arctic, and the US offshore eastern seaboard."

The Advisory Board of NXT Energy includes geoscientists and other independent professionals whose experience is drawn on to assist in advancing industry awareness and use of the Company's proprietary Stress Field Detection ("SFD®") aerial survey system. On the Advisory Board, Hon. George Allen will join Dr. George Iusco (Repsol), Professor Arief Budiman (University of Calgary) and Professor Cleveland Jones (University of Rio de Janeiro, Geology).

In addition, NXT advises that it has granted a total of 556,066 incentive stock options ("Options") to employees and advisors, including 260,000 granted to one Officer of the Company. In addition, a total of 55,000 Options have been granted to the members of NXT Energy's Board of Directors as part of their total compensation payable for the six month period ended December 31, 2014. All 611,066 of the Options are being granted under NXT Energy's Stock Option Plan, will have an exercise price of $1.35, and a five year term to expiry on January 9, 2019. Entitlement to exercise 506,066 of the Options will vest 1/3 per year over a three year period, 50,000 Options will vest 1 year from the grant date, and the remaining 55,000 Options vest at the grant date.

NXT Energy is a Calgary based company whose proprietary Stress Field Detection ("SFD®") survey system utilizes quantum-scale sensors to detect gravity field perturbations in an airborne survey method which can be used both onshore and offshore to remotely identify areas with exploration potential for traps and reservoirs. The SFD® survey system enables our clients to focus their hydrocarbon 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 Solutions Inc. NXT provides its clients with an effective and reliable method to reduce time, costs, and risks related to exploration.

Forward-Looking Statements

This news release may include forward-looking statements. When used in this document, words such as "intends", "plans", "anticipates", "expects" 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 forward-looking statements 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 statements. Risk factors facing NXT are described in its most recent MD&A for the year ended December 31, 2013 which has been filed electronically by means of the System for Electronic Document Analysis and Retrieval ("SEDAR") located at www.sedar.com. Such forward-looking statements are made as at the date of this news release, and the Company assumes no obligation to update or revise them, either publicly or otherwise, to reflect new events, information or circumstances, except as may be required under applicable securities law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) nor the OTC Exchange accept responsibility for the adequacy or accuracy of this release.

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NXT Energy Solutions Inc.

CODE : SFD.V
ISIN : CA62948Q1072
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NXT Energy is a exploration company based in Canada.

NXT Energy is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 80.0 millions as of today (US$ 61.0 millions, € 54.2 millions).

Its stock quote reached its highest recent level on January 04, 2008 at CA$ 4.90, and its lowest recent point on April 21, 2011 at CA$ 0.29.

NXT Energy has 53 310 000 shares outstanding.

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Financings of NXT Energy Solutions Inc.
6/17/2009 Completes Small Private Placement
Option Grants of NXT Energy Solutions Inc.
2/28/2011Grants150,000 Options to Insider and reprices 1,615,000
Nominations of NXT Energy Solutions Inc.
8/26/2013Announces Filing of Q2-2013 Results and the Appointment of M...
1/29/2013Mr. Krishna Vathyam Joins the NXT Board of Directors
4/27/2011Announces New Appointment to Geosciences Advisory Board
1/16/2009 Appoints Chief Operating Officer
Financials of NXT Energy Solutions Inc.
4/24/2013Announces Strong 2012 Year-End Results
Corporate news of NXT Energy Solutions Inc.
12/16/2015NXT Energy Solutions Advises of Grant of Stock Options
11/3/2015NXT Energy Provides Update on Bolivia Survey Project and Oth...
9/1/2015NXT Energy Solutions Finalizes Rights to SFD Technology via ...
8/27/2015NXT Energy Solutions Announces Filing of Q2-2015 Interim Res...
8/25/2015Edited Transcript of SFD earnings conference call or present...
8/5/2015NXT Energy Solutions Engages Venture North for Investor Rela...
7/9/2015NXT Energy Solutions Announces US $1 Million Expansion of SF...
4/16/2015IIROC Trading Resumption - SFD
4/16/2015NXT Receives Award of a New SFD® Contract of US $13 Million
4/15/2015IIROC Trading Halt - SFD
2/19/2015Mackie Research Increases Target for NXT Energy Solutions
1/13/2015Honorable George Allen Joins NXT Energy Solutions Advisory B...
1/8/20154 charged under Utah's controversial 'ag-gag' law
1/5/2015NXT Awarded New Survey Project in Pakistan
12/4/2014Plunging Oil Means Exploration Budget Cuts
12/3/2014NXT Energy Solutions Inc.: Reminder-Conference Call December...
11/25/2014NXT Reports Filing of Q3 Results and Related Conference Call
9/5/20143 Technologies Beating the ‘Peak Oil’ Hysterics
8/27/2014NXT Energy Solutions Reports Filing of Q2 Results and Relate...
7/17/2014NXT Energy Solutions Announces Revised Date for Conference C...
7/10/2014NXT Energy Solutions Announces Re-Election of Directors and ...
5/23/2014Disruptive Oil Services Company, NXT Energy Bolsters Outlook...
5/22/2014NXT Energy Solutions Reports Earnings of $2.6 Million in Q1 ...
4/29/2014NXT Energy Solutions Announces Filing of 2013 Year-End Resul...
4/14/2014Chinese pork giant plans IPO to raise up to $5.3B
9/26/2013Provides Update on Recent Business Development Initiatives
7/25/2013Announces Completion and Presentation of Joint Paper Co-Auth...
7/8/2013Announces Granting of Incentive Stock Options
7/2/2013Announces the Completion of PEMEX Integration Study and Auth...
5/28/2013Announces SEDAR Filing of Q1-2013 Results and Conversion of ...
4/2/2013Management Team Enhanced With The Hiring of Mr. Atul Nautiya...
3/14/2013Nearing Completion of South Asia Survey Project
2/15/2013to Present at the EnerCom Oil & Services Conference 11
2/8/2013Secures US $4.73 Million SFD(R) Survey Contract With Petrole...
1/22/2013Presents at MicroCapClub Invitational
1/10/2013Announces Record Revenue Year in 2012, and Provides Update o...
11/5/2012Announces Update On Status of US $5.8 Million Survey Contrac...
10/4/2012Announces US $1.04 Million Expansion of Survey Contract for ...
9/20/2012Finalizes US $4.73 Million PEMEX Contract, Initiates New Sur...
9/12/2012Secures US $4.73 Million SFD(R) Survey Contract With Petrole...
7/11/2011Announces Management Change and Appointment of Leading I...
6/30/2011Signs Letter of Intent for SFD® Surveys in Six Blocks and in...
4/4/2011Announces a $150,000 Pilot Survey Contract, April Oil & Gas ...
2/17/2011Announces Closing of Financing
2/11/2011Announces Financing
12/22/2009Grants Common Share Options in 2009
10/26/2009Announces the Execution of SFDTM Survey Contract With a New ...
9/21/2009 Operational Update
7/23/2009Attending At Exploration Symposium In Colombia
7/15/2009 Completes US $2.3 Million Survey for Pacific Rubiales
5/13/2009Execution of SFD Survey Contract and Commencemnt of Colombia...
9/22/2008Changes Its Name to NXT Energy Solutions Inc.
7/16/2008Annual General Meeting and Contract Update
5/1/2008 Provides an Update on SFD Survey Contracts
4/16/2008Announces Update on Drilling Activity on SFD Prospect
4/10/2008Reports 2007 Financial and Operational Results
3/10/2008Corporate Update
2/15/2008Announces Commencement of Cdn. $1.5 Million SFD Survey and C...
12/10/2007 Announces New Board Members
12/3/2007Lists on the TSX Venture Exchange
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