0001654954-20-004491.txt : 20200428 0001654954-20-004491.hdr.sgml : 20200428 20200427190355 ACCESSION NUMBER: 0001654954-20-004491 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20200427 FILED AS OF DATE: 20200428 DATE AS OF CHANGE: 20200427 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NXT Energy Solutions Inc. CENTRAL INDEX KEY: 0001009922 STANDARD INDUSTRIAL CLASSIFICATION: OIL AND GAS FIELD EXPLORATION SERVICES [1382] IRS NUMBER: 611126904 STATE OF INCORPORATION: A0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-24027 FILM NUMBER: 20821713 BUSINESS ADDRESS: STREET 1: 3320 - 17TH AVENUE SW STREET 2: SUITE 302 CITY: CALGARY, T3E 0B4 STATE: A0 ZIP: 90035 BUSINESS PHONE: 403-264-7020 MAIL ADDRESS: STREET 1: 3320 - 17TH AVENUE SW STREET 2: SUITE 302 CITY: CALGARY, T3E 0B4 STATE: A0 ZIP: 90035 FORMER COMPANY: FORMER CONFORMED NAME: ENERGY EXPLORATION TECHNOLOGIES / DATE OF NAME CHANGE: 20000628 FORMER COMPANY: FORMER CONFORMED NAME: PINNACLE OIL INTERNATIONAL INC DATE OF NAME CHANGE: 20000626 FORMER COMPANY: FORMER CONFORMED NAME: ENERGY EXPLORATION TECHNOLOGIES DATE OF NAME CHANGE: 20000616 6-K 1 nsfdf_6k.htm 6-K nsfdf_6k    
 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 6-K
 
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
under the Securities Exchange Act of 1934
 
For the month of April, 2020
Commission File Number:  000-24027
 
 
NXT Energy Solutions Inc.
(Translation of registrant's name into English)
 
Suite 302, 3320-17th Avenue S.W.
Calgary, Alberta  T3E 0B4
Canada
(Address of principal executive offices)
 
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F  X     Form 40-F _____
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  
Yes _____ No     X       
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  
Yes _____ No    X     
 
Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes _____ No    X     
 
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):
 
 
 
The Issuer is filing material documents not previously filed.
 

 
 
 
Exhibit List:

99.1      Timing of Filing of Annual Report on Form 20-F for the Year ended December 31, 2019
 
 
 
 
 
 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
 
 
   NXT Energy Solutions Inc.  
 
 
(Registrant)
 
 
 
 
 
 
Date: April 27, 2019
 
    /s/ Eugene Woychyshyn    
 
 
Eugene Woychyshyn
 
 
Chief Financial Officer
 
 
 
 

 
EX-99.1 2 nsfdf_ex991.htm LETTER nsfdf_ex991
 
Exhibit 99.1
 
Timing of Filing of Annual Report on Form 20-F for the Year ended December 31, 2019
 
The Registrant will be relying on the order issued by the Securities and Exchange Commission (“SEC”) on March 25, 2020 providing conditional relief to public companies that are unable to timely comply with their filing obligations as a result of the novel coronavirus (COVID-19) outbreak (Release No. 34-88465) (the “Order”) to delay the filing of its Annual Report on Form 20-F for the year ended December 31, 2019 (the “Annual Report”) due to circumstances related to COVID-19.
 
As a result of the outbreak and spread of COVID-19, and government and business continuity measures adopted in response thereto, the Registrant has diverted resources and directed employees to work from home in response to the COVID-19 pandemic. In addition several employees have been under government mandated isolation orders due to either international travel or displaying symptoms consistent with COVID-19. This has hampered the ability of the Registrant to prepare the Annual Report in time to be filed by the original due date of April 30, 2020.  Given this, the registrant is taking sufficient time, in this period of crisis, to deliver a proper professional product. The Registrant expects, in reliance on the Order, to file the Annual Report with the SEC no later than May 5, 2020.
 
The Registrant is supplementing its risk factors previously disclosed in its Annual Report on Form 20-F for the year ended December 31, 2019 with the following risk factor:
 
Covid-19 (2019-nCoV/COVID-19) Pandemic
 
The Covid-19 pandemic has not had a material effect on the operations of the Company. The Company has made provisions so employees can work from home, suspended all travel, mandated that international travelers are to self-isolate for 14 days after return to Canada, and implemented hygiene and social distancing policies. NXT continues to communicate with employees and customers via available communication methods such as tele-conferences and on-line video conferencing.
 
Demand for our services and prospective revenues may become adversely impacted the longer the Covid-19 pandemic continues. The impact of the continuation of the Covid-19 pandemic may hamper our ability to deliver SFD® surveys contracts in the following ways. If restrictions on international travel continue, our aircraft and personal will not be able to perform surveys. An outbreak of the virus among our staff or our customers’ personnel would delay any survey in progress. Business development may be delayed when in-person meetings and technical presentations may be a superior delivery method to tele-conferences or on-line video conferencing.
 
Cautionary Statement Regarding Forward-Looking Statements
 
This Current Report on Form 6-K contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks. Actual results could differ materially from those currently anticipated due to a number of factors and risks, including but not limited to, those related to the novel coronavirus (2019-nCoV/COVID-19), and the potentially negative effects thereof on the Company's workforce, its supply chain or demand for its products. Additional risk factors facing the Company are described in its most recent Annual Information Form for the year ended December 31, 2019, furnished by the company to the Securities and Exchange Commission on Form 6-K on April 17, 2020 and on the System for Electronic Document Analysis and Retrieval (SEDAR) located at www.sedar.com. All such forward-looking statements, whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by this cautionary statement and any other cautionary statements which may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.