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NXT Energy Solutions Inc.

Publié le 22 décembre 2009

Grants Common Share Options in 2009

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NXT Energy Solutions Inc.

TSX VENTURE:

SFD

 

 

OTC Bulletin Board:

NSFDF

 

 

FRANKFURT:

EFW

 

 

 

 

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December 22, 2009

NXT Grants Common Share Options in 2009

CALGARY, ALBERTA--(Marketwire - Dec. 22, 2009) - NXT Energy Solutions Inc. ("NXT" or "the Company") (TSX VENTURE:SFD) (OTCBB:NSFDF) (FRANKFURT:EFW) announces the grant of the following incentive stock options in 2009 pursuant to the Company's Stock Option Plan. All options vest over a period of three (3) years and expire five (5) years from the date of grant.

On December 2, 2009 the Company granted a total of 480,000 options. 320,000 of these options were issued to directors and officers of the Company and the balance issued to employees and contractors of the Company. These Options are exercisable at a price of USD $1.30 per share. On April 14, 2009 the Company issued 100,000 options to two directors at an exercise price of USD $0.80 per share. On January 14, 2009 the Company issued 150,000 options to an officer at an exercise price of USD $0.40 per share.

There were no other options granted by the Company in 2009. The total number of options granted in 2009 was 730,000 options.

As at December 22, 2009 the Company had 30,701,796 common shares issued and outstanding and 3,070,179 shares reserved for issuance under the Option Plan. Subsequent to these grants of options presented above the number of shares remaining available for issuance under the plan is 169,975.

NXT is a Calgary based company providing airborne hydrocarbon detection solutions that enable our clients to focus their exploration decisions concerning land commitments, data acquisition expenditures or prospect prioritization onto the areas with the greatest hydrocarbon potential. Utilizing its proprietary airborne Stress Field Detection ("SFD(TM)") survey system NXT provides a unique survey method that is environmentally noninvasive and unaffected by ground security issues or difficult terrain. Additionally, surveys can generally be conducted year round and are effective both onshore and offshore. The advantage to NXT's clients is an efficient and reliable method to explore for hydrocarbons.

Forward-Looking Statement

This news release includes a forward-looking statement. When used in this document, words such as "anticipate" and "expectation", are forward-looking statements. Forward-looking statements are subject to a wide range of risks and uncertainties, and although the Company believes that the expectation represented by such a forward-looking statement is reasonable; there can be no assurance that such an expectation 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.

 

CONTACT INFORMATION:

NXT Energy Solutions Inc.
Ken Rogers
VP Finance and CFO
(403) 264-7020
Fax: (403) 264-6442

or

NXT Energy Solutions Inc.
Suite 1400, 505 3rd Street, S.W.
Calgary, Alberta, Canada T2P 3E6
nxt_info@nxtenergy.com
www.nxtenergy.com

or

The Howard Group
Dave Burwell
(403) 221-0915
Fax: (403) 237-8387

or

The Howard Group
Suite 300, 1032 17th Ave. S.W.
Calgary, Alberta, Canada T2T 0A5
info@howardgroupinc.com
www.howardgroupinc.com

INDUSTRY: Energy and Utilities - Oil and Gas

 

 

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NXT Energy Solutions Inc.

CODE : SFD.V
ISIN : CA62948Q1072
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NXT Energy est une société d’exploration minière basée au Canada.

NXT Energy est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 80,0 millions CA$ (61,0 millions US$, 54,2 millions €).

La valeur de son action a atteint son plus haut niveau récent le 04 janvier 2008 à 4,90 CA$, et son plus bas niveau récent le 21 avril 2011 à 0,29 CA$.

NXT Energy possède 53 310 000 actions en circulation.

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Financements de NXT Energy Solutions Inc.
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27/08/2015NXT Energy Solutions Announces Filing of Q2-2015 Interim Res...
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19/02/2015Mackie Research Increases Target for NXT Energy Solutions
13/01/2015Honorable George Allen Joins NXT Energy Solutions Advisory B...
08/01/20154 charged under Utah's controversial 'ag-gag' law
05/01/2015NXT Awarded New Survey Project in Pakistan
04/12/2014Plunging Oil Means Exploration Budget Cuts
03/12/2014NXT Energy Solutions Inc.: Reminder-Conference Call December...
25/11/2014NXT Reports Filing of Q3 Results and Related Conference Call
05/09/20143 Technologies Beating the ‘Peak Oil’ Hysterics
27/08/2014NXT Energy Solutions Reports Filing of Q2 Results and Relate...
17/07/2014NXT Energy Solutions Announces Revised Date for Conference C...
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26/09/2013Provides Update on Recent Business Development Initiatives
25/07/2013Announces Completion and Presentation of Joint Paper Co-Auth...
08/07/2013Announces Granting of Incentive Stock Options
02/07/2013Announces the Completion of PEMEX Integration Study and Auth...
28/05/2013Announces SEDAR Filing of Q1-2013 Results and Conversion of ...
02/04/2013Management Team Enhanced With The Hiring of Mr. Atul Nautiya...
14/03/2013Nearing Completion of South Asia Survey Project
15/02/2013to Present at the EnerCom Oil & Services Conference 11
08/02/2013Secures US $4.73 Million SFD(R) Survey Contract With Petrole...
22/01/2013Presents at MicroCapClub Invitational
10/01/2013Announces Record Revenue Year in 2012, and Provides Update o...
05/11/2012Announces Update On Status of US $5.8 Million Survey Contrac...
04/10/2012Announces US $1.04 Million Expansion of Survey Contract for ...
20/09/2012Finalizes US $4.73 Million PEMEX Contract, Initiates New Sur...
12/09/2012Secures US $4.73 Million SFD(R) Survey Contract With Petrole...
11/07/2011Announces Management Change and Appointment of Leading I...
30/06/2011Signs Letter of Intent for SFD® Surveys in Six Blocks and in...
04/04/2011Announces a $150,000 Pilot Survey Contract, April Oil & Gas ...
17/02/2011Announces Closing of Financing
11/02/2011Announces Financing
22/12/2009Grants Common Share Options in 2009
26/10/2009Announces the Execution of SFDTM Survey Contract With a New ...
21/09/2009 Operational Update
23/07/2009Attending At Exploration Symposium In Colombia
15/07/2009 Completes US $2.3 Million Survey for Pacific Rubiales
13/05/2009Execution of SFD Survey Contract and Commencemnt of Colombia...
22/09/2008Changes Its Name to NXT Energy Solutions Inc.
16/07/2008Annual General Meeting and Contract Update
01/05/2008 Provides an Update on SFD Survey Contracts
16/04/2008Announces Update on Drilling Activity on SFD Prospect
10/04/2008Reports 2007 Financial and Operational Results
10/03/2008Corporate Update
15/02/2008Announces Commencement of Cdn. $1.5 Million SFD Survey and C...
10/12/2007 Announces New Board Members
03/12/2007Lists on the TSX Venture Exchange
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TSX-V (SFD.V)FRANKFURT (EFW.F)
1,50+15.38%0,0000
TSX-V
CA$ 1,50
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1,37 1,50
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