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    Norman SarafianRBC Wealth Management

    Norman Sarafian is Senior Vice President – Financial Advisor and Senior Portfolio Manager at RBC Wealth Management, specializing in customized portfolio management for growth and income across individual, family, and business accounts. Since launching his financial consulting career in 1973, Sarafian has focused on client-centered strategies leveraging RBC Capital Markets’ global research, and regularly guides investments through various market cycles. He is licensed with Series 7 and Series 66, as well as insurance for Life & Health, Variable Annuity, and Long-Term Care, and also holds an MBA in Finance from the University of Southern California. Noted for a career spanning five decades, he holds NMLS registration and actively applies his extensive experience to delivering tailored solutions; however, publicly available quantitative performance metrics or company-specific coverage lists are not disclosed.

    Norman Sarafian's questions to NXT Energy Solutions Inc (NSFDF) leadership

    Norman Sarafian's questions to NXT Energy Solutions Inc (NSFDF) leadership • Q1 2025

    Question

    Asked for an update on the project in Turkey and its future potential, and also inquired about how the company is generating new business opportunities.

    Answer

    The Turkey project was described as a 'very large success' that led to additional work and a demonstration survey for a very large entity, creating adjacent opportunities in the region. New business is generated through a combination of the company's own efforts and a network of highly qualified regional agents, which is building a strong development pipeline in key areas like Southeast Asia, Pakistan, India, and Brazil.

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    Norman Sarafian's questions to NXT Energy Solutions Inc (NSFDF) leadership • Q1 2025

    Question

    Norman Sarafian from RBC Wealth Management asked for an update on the project in Turkey, its success, and future growth opportunities there, as well as how the company is prospecting for new business in general.

    Answer

    CEO Bruce Wilcox described the Turkey project as a 'very large success,' which included a primary contract, additional work, and a demonstration survey for a very large Turkish entity. He highlighted this as an example of their 'adjacency' strategy, with their agent pursuing leads in the region and North Africa. On general prospecting, he stated the business development pipeline is in 'really, really good shape' thanks to direct efforts and qualified regional agents in key areas like Southeast Asia, Pakistan, India, and Brazil.

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