Nxt announces us$0.5 million convertible debenture

Calgary, ab / accesswire / november 1, 2024 / nxt energy solutions inc. ("nxt" or the "company") (tsx:sfd)(otcqb:nsfdf) is pleased to announce it has received the first tranche of a planned us$900,000 (approximately cdn$1,252,080) convertible debenture (the "debentures") from ataraxia capital ("ataraxia") for the principal amount of us$500,000, (approximately cdn$,695,600), pursuant to the terms of the subscription agreement signed between ataraxia and nxt in 2023. the toronto stock exchange (the "tsx") has provided conditional approval of the final phase of this 2023 agreement.
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