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NXT Energy Solutions Inc. Announces Results of Annual Meeting of Shareholders
CALGARY, AB / ACCESS Newswire / June 3, 2025 / NXT Energy Solutions Inc. ("NXT" or the "Compan...
About this update from Nxt Energy Solutions Inc.
[{"type":"text","content":"NXT Energy Solutions Inc. Announces Results of Annual Meeting of ShareholdersCALGARY, AB / ACCESS Newswire / June 3, 2025 / NXT Energy Solutions Inc. (\"NXT\" or the \"Company\") (TSX:SFD)(OTCQB:NSFDF) is pleased to provide the voting results from its Annual Meeting of Shareholders held on June 2, 2025.Shareholders approved the following:Election of Directors: Eight directors of the Company were elected to hold office until the next annual meeting of shareholders or until their successors are duly elected or appointed.Appointment of Auditors: MNP LLP were appointed as the auditors of the Company for the next year at a remuneration to be determined by the Board of Directors.Unallocated Options Resolution. The resolution to approve the Company's Amended and Restated Stock Option Plan was passed.Deferred Share Unit Plan Resolution. The resolution for the approval the Deferred Share Unit Plan and the unallocated entitlements issuable thereunder was passed.Further details are set out in the Company's Information Circular dated April 17, 2025 posted on the Company's website and filed on www.sedarplus.ca.Specific voting results are as follows:Description of Matter# of Votes For% of Votes For# of Votes Withheld/ Against% of Votes Withheld/ AgainstElection of the following Directors: Peter Mork48,639,73199.18%400,3640.82%Theodore Patsellis49,038,811100.00%1,2840.00%Charles Selby49,038,811100.00%1,2840.00%Gerry Sheehan49,012,01199.94%28,0840.06%Jeffrey Tilson49,039,095100.00%1,0000.00%Thomas E. Valentine48,612,09199.13%428,0040.87%Bruce G. Wilcox48,640,01599.18%400,0800.82%Eugene Woychyshyn48,639,73199.18%400,3640.82%Appointment of Auditors52,950,077100.00%1,1000.00%Unallocated Options Resolution48,507,85598.91%532,2401.09%Deferred Share Unit Plan Resolution48,507,85598.91%532,2401.09% About NXT Energy Solutions Inc.NXT Energy Solutions Inc. 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 our clients to focus their exploration decisions con...