NXT Energy Solutions Inc. announced that Mrs. Beverly Stewart has stepped down as the company's vice-president and chief financial officer, effective November 30, 2017. In the meantime, Mr. Charles Selby, NXT Lead Director, will take on the role of Chief Financial Officer. Mr.Selby is also the Chairman and CEO of Montana Exploration Corp.

He is the president of Caledonian Royalty Corporation and Caledonian Global Corporation. Mr. Selby joined NXT's Board in 2006 is the Chairman of NXT's Compensation Committee, and a member of its Audit and Disclosure Committees.