Mr. Bruce Wilcox reports

NXT ENERGY SOLUTIONS ANNOUNCES SFD(R) SURVEY CONTRACT IN AFRICA

NXT Energy Solutions Inc. has entered into a contract with its strategic alliance partner, Synergy Exploration and Production Technologies Ltd., to provide an SFD survey for an oil and gas exploration company in Africa. Data acquisition operations for this contract are expected to commence in the fourth quarter of 2024 and NXT's interpretations and recommendations are expected to be delivered during the first quarter of 2025.

Bruce G. Wilcox, chief executive officer of NXT, stated: "We are pleased to return to Africa to perform another SFD survey.The company looks forward to working together with this repeat customer's exploration team in order to execute the contract."

Synergy Exploration and Production Technologies is an affiliate of Ataraxia Capital which currently holds convertible debentures in NXT Energy Solutions.

About NXT Energy Solutions Inc.

NXT Energy Solutions 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 its 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 Solutions. NXT Energy Solutions provides its clients with an effective and reliable method to reduce time, costs and risks related to exploration.

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