Mr. Bruce Wilcox reports

NXT ANNOUNCES GEOTHERMAL SURVEY FOR ALBERTA GEOTHERMAL RESOURCE RECOVERY INC.

NXT Energy Solutions Inc. has entered into a geothermal survey agreement with Alberta Geothermal Resource Recovery Inc. (AGRRI). The survey will be flown in Alberta.

The survey will be conducted at a mutually agreeable time and subject to aircraft availability and the receipt of permits from the government authorities. A standard survey project would normally take two to three months from the initiation of data acquisition to the delivery of the standard report. This timeline does not include integration which is nominally conducted following delivery of the standard report.

Bruce G. Wilcox, chief executive officer of NXT, stated: "The AGRRI survey is an important milestone in NXT's development of the geothermal application of our SFD technology; our first survey for a client. The value to NXT will primarily be to demonstrate the commerciality of SFD in the geothermal domain. Other potential geothermal clients will be keenly interested in the results."

About Alberta Geothermal Resource Recovery Inc.

AGRRI is a geothermal company based in Alberta that aims to help Canada reach its goal of Net Zero GHG emissions by 2050, primarily by repurposing abandoned oil and gas wells into geothermal wells, turning liabilities to assets.

The geothermal potential of Alberta occurs mainly at depths between 1.5 and kilometres below the surface contained in geological formations of the Western Canada Sedimentary basin. Development of the resource can help diversify Alberta's energy sector and provide electricity and heat to municipalities, industry and remote areas.

About NXT Energy Solutions Inc.

NXT Energy is a Calgary-based technology company, the proprietary airborne SFD survey system of which, 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.

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