Nextraction Energy Corp. announced that Denny Chow has resigned as Chief Financial Officer of the Company. The company further announced that John Zang ("Zang"), Chief Executive Officer of the company has advised that he has received a Notice of Hearing from the Alberta Securities Commission regarding certain matters pertaining to Kilimanjaro Capital Ltd. (now N1 Technologies Inc.) allegedly occurring between 2012 and 2014. In this notice the ASC has alleged that Zang (amongst others) traded securities in violation of a cease trade order issued against Kilimanjaro and breached section 93, 93.4 and 221.2 of the Securities Act (Alberta).