WINKF - Windfall Geotek Announces Strategic Projects Advisory Board with Colonel Stephen Appleton as the Chairman

(TheNewswire)

DOES NOT CONSTITUTE AN OFFEROF THE SECURITIES DESCRIBED HEREIN

Highlights:

• - Highly Decorated Military officer Col Appleton agrees to leadStrategic Advisory Board for commercialization of Land mine (UXO)technology.

  - Col(ret) Appleton brings operational experience and connections withFortescue Metals Group (ASX: FMG) the 4th largest Iron ore producerglobally

  - Windfall is making a commitment to invest in low carbon/zero carbonresource development solutions as part of its business plan.

Brossard, Quebec – TheNewswire - April 21st , 2021 – WindfallGeotek Inc. ( the “Company”, or “Windfall” ) ( TSXV:WIN ) ( OTC:WINKF ) ( FSE:L7C2 ) a mining technology company and aleader in the use of Artificial Intelligence (AI) and advancedknowledge-extraction techniques since 2005 announces it has engaged adecorated officer Colonel (ret) Stephen Appleton, MSM, CD, PEng, MBA,MSS to chair the Strategic Projects advisory board. Col. Appletonbrings decades of operational experience in Canada, Sarajevo, Iraq,Afghanistan and Central Asia working on clean energy, environmental,and land decontamination projects with private industry, the NorthAtlantic Treaty Organization (NATO), the Canadian and US Military, andNon-Governmental Organizations (NGOs). Furthermore Col. Appletonbrings a wealth of resource sector experience and connections as thehead of Canadian operations for Fortescue Metals Group (ASX: FMG), the4th largest producer of iron ore globally.

Dinesh Kandanchatha, Chairman commented,“ Col. Appleton is one ofthose rare leaders who has distinguished himself with service tocountry, while simultaneously building a pedigree of operational andengineering experience in the civilian domain. I am looking forward toleveraging his experience and network on the core strategicinitiatives that form Windfall’s long term sustainable competitiveadvantage. ”

Col. Appleton will work with the board to advance thestrategic initiatives for Environmental Social Governance (ESG),EagleEye™ for UXO commercialization, and the selection ofdevelopment partners for resource development projects that leverageWindfall’s AI technology.

Col. Appleton Commented: “ I have known Mr. Kandanchatha for over twodecades, and Windfall is the next chapter of a career focused oncreating value through Technology, and social good. I am excited tobring my experience in the military, environmental, and resourcesectors to advance these worthy initiatives, and drive long term valuefor shareholders. ”

Col. Appleton holds an engineering degree from theRoyal Military College of Canada, an MBA from the University ofOttawa, and a Master’s Degree in Strategic Studies from theprestigious US Army War College in Pennsylvania. He has completedexecutive leadership programs from Queens University Business Schooland at the Woodside Institute in Palo Alto, CA.

In connection with the appointment, Windfall announcesthe grant of options to Col. Appleton, exercisable for a period of 5years at $0.42.

About Windfall Geotek – Powered by Artificial Intelligence(AI) since 2005

Windfall is an Artificial Intelligence company that has been inbusiness for over 15 years developing its proprietary analysis (AI)and data mining techniques. Windfall Geotek can count on amultidisciplinary team that includes professionals in geophysics,geology, Artificial Intelligence, and mathematics. It combinesavailable public and private datasets including geophysical, drillhole and surface data. The algorithms designed and employed byWindfall are calculated to highlight areas of interest that have thepotential to be geologically similar to other gold deposits andmineralization. The Company's objective is to develop a new royaltystream by significantly enhancing and participating in the explorationsuccess rate of mining and to continue the Land Mine detectionapplication as a high priority. Windfall has played a part in numerouspast discoveries utilizing its methodology as described at: https://windfallgeotek.com/ .
For further information, please contact:

Mr. Simran Kamboj President and CTO

Tel: 1 (450) 678-8882

Email: info@windfallgeotek.com

Website: www.windfallgeotek.com

Additional information about the Company is available under WindfallGeotek’s profile on SEDAR at www.sedar.com . Neither the TSX Venture Exchangenor does its Regulation Services Provider (as that term is defined inthe policies of the TSX Venture Exchange) accept responsibility forthe adequacy or accuracy of this release.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION:This communication contains forward-looking statements, which relateto future events or future performance and reflect management’scurrent expectations and assumptions relating to the development ofthe Company’s business. Such forward-looking statements reflectmanagement’s current beliefs and are based on assumptions made byand using information currently available to the Company. Such factorsinclude, but are not limited to, achievements of new managementvarying significantly from expectations; capital and operating costsvarying significantly from estimates; delays in obtaining or failuresto obtain required governmental, environmental or other projectapprovals; uncertainties relating to the availability and costs offinancing needed in the future; changes in equity markets; inflation;fluctuations in commodity prices; delays in the development ofprojects; and those risks set out in the Company’s public documentsfiled on SEDAR (www.sedar.com) under Windfall Geotek’s issuerprofile. Investors are cautioned that these forward-looking statementsare neither promises nor guarantees, and they are subject to risks anduncertainties that may cause future results to differ materially fromthose expected. These forward-looking statements are made as of thedate hereof and, except as required under applicable securitieslegislation, the Company does not assume any obligation to update orrevise them to reflect new events or circumstances. Allforward-looking statements made in this press release are qualified bythese cautionary statements and by those made in our filings withSEDAR in Canada (available at WWW.SEDAR.COM ).

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