SHERIDAN, Wyo., December 22, 2011 — Next Fuel, Inc. (OTCQB: NXFI) announced today that is has engaged C.K. Cooper & Company, Inc. (CKCC) as its financial advisor. CKCC will assist Next Fuel in applying for membership on OTCQX, the top tier of the OTC market. OTCQX is exclusively for companies that meet the highest financial standards and undergo a qualitative review. Examples of other companies listed on the OTCQX include Adidas, Roche Holding Ltd, BASF and BNP Paribas. We will focus our efforts early next year to meeting the OTCQX listing requirements.
Additionally CKCC will assist NXFI in its growth strategy as NXFI expands its suite of technologies. CKCC is a full service investment bank engaged in a broad range of securities activities and financial services, including investment banking, equity research, private wealth management, institutional sales, trading and market making. “Next Fuel is pleased to be working with the professionals at C.K. Cooper & Company as they assist us in our corporate development as well as introducing our company to institutions and prospective shareholders,” stated Robert Craig, CEO of Next Fuel, Inc.
ABOUT NEXT FUEL, INC.
We develop and commercialize innovative technologies associated with renewable energy, such as unconventional natural gas production from lower grade coal, lignite, oil shale and other carbonaceous deposits. We refer to this generally as Coal-to-Gas (CTG) or Biogenic Coal-to-Gas (BCTG) Technology.
We are also investigating opportunities to develop or acquire other advanced technologies with focus on clean renewable energy, such as novel systems for energy-related water treatment, processes for eliminating carbon footprints, and biological fuel cells. With collaborations with leading research institutes, we will focus on identifying and acquiring or developing a portfolio of growth opportunities with compelling market values and clean energy and environment stewardship.
This announcement contains forward-looking statements, including statements regarding future business to be conducted by the Company and future application by the Company to change its trading market, all of which involve risks and uncertainties.Actual results could differ materially from those discussed. Factors that could cause or contribute to such differences include, but are not limited to, possible adverse decisions by capital markets about our applications and impediments to develop or acquire new products, technologies d services. All forward-looking statements are based on information available to us on the date hereof, and we assume no obligation to update such statements.
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