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Windfall Geotek Announces Management Restructuration and How AI is Shaping the Future of Mining Digital Exploration

Source: TheNewsWire

(TheNewswire)

Brossard, Quebec - TheNewswire -April 16, 2025 – Windfall Geotek (CSE: WIN) a leader in theuse of Artificial Intelligence (AI) since 2005 in the mining sectorfor digital exploration is pleased to announce a managementrestructuration done February 22, 2025.

Windfall Geotek Inc. has appointed Michel Fontaine, Marcel Robillard,Mario Drolet to the board of directors of the company. Effective March1, 2025, Mr. Daniel Belisle was nominated CFO of the Company.

The company also announces the resignations of David Beck, DorianNicol and Joseph Lafleur from their roles as directors of the company.Scott Kelly, CFO finished his Mandate March 1, 2025. Moreover, DavidBeck, resigned from Chairman, President and CEO, effective February21, 2025.

About the new nominees:

Michel Fontaine - Interim Chairman,President & CEO and Director

Mr. Fontaine is a private investor, entrepreneur and board member withbroad experience in the financial and mining industries spanning overtwo decades. He is the founder of Windfall in 2005 and previouslyserved as its President, CEO from 2015 and 2021, and remained involvedwith the company as its sales manager. Prior to founding the company,Mr. Fontaine worked at Merrill Lynch and BMO Nesbitt Burns Inc. as afinancial adviser. Mr. Fontaine also has extensive experience servingon the boards of public mining companies and is on the board of PumaExploration Inc. (TSX-V: PUMA) since 2020. He also previously servedon the boards of AEMQ, Metanor Resources Inc. and Everton ResourcesInc.

Marcel Robillard - Director

Mr. Robillard is an experienced geologist with over 25 years ofexperience in the mining industry. He is the president and chiefexecutive officer of Puma Exploration Inc. (TSX-V: PUMA) since 2009.Mr. Robilliard also serves on various boards of public miningcompanies, including Canadian Copper Inc. (CCI: CSE) and PEZM GoldInc. (TSX-V: PEZM.H) and previously served as a director of BWRExploration from 2016 to 2020. From 1998 to 2007, Mr. Robillard heldthe position of project geologist and project manager at Geominex, ageology and exploration consulting company, before taking on the roleof president from 2007 to 2015. Mr. Robillard has a BSc in geology andan MSc in earth sciences from the Universite du Quebec a Montreal,Canada.

Mario Drolet - Director

Mr. Drolet is a seasoned finance professional with over 30 years ofexperience across capital markets and investor relations globally. Heis the founder and president of MI3 Financial Communications Inc., inwhich capacity he has worked with numerous mining companies providingfinancial communication and market intelligence services. Mr. Drolethas a record of fostering growth for small to medium-sized publiccompanies by enhancing visibility, attracting investors andfacilitating capital-raising initiatives. He had also previouslyworked with the Montreal Exchange and CIBC Wood Gundy. In addition tohis broad financial expertise, Mr. Drolet also serves on the boards ofLeopard Lake Gold Corp. (CSE: LP) and QNB Metals Inc. (CSE: TMI.X). Hepreviously served on the board of Sparks Energy Minerals Inc.

Daniel Belisle – Chief FinancialOfficer

Mr. Daniel Bélisle, is a professional accountant, with over 30 yearsof operational and advisory experience and is currently ChiefFinancial Officer and Corporate Controller of public companies since2008. Daniel is also President of BF Growth Capital and has act asChief Financial Officer of Glen Eagle Resources, Genius Properties,Canadian Metals, small gold explorers and producers and as consultantfor various small companies of the mining and technological sector.Mr. Bélisle was on the board of Diabras Exploration, the Sage Groupconsulting and adviser for small capitalization management companies.He has an extensive experience in management positions specialized inoperational audit, performance accounting and financial management.Earlier in his career, Mr. Bélisle also acted as controller of themanufacturing division for UAP and as principal auditor at Canadair(Bombardier). He obtained his Bachelor of Business Administration atHEC Montreal, and holds the diploma of chartered professionalaccountant (CPA).

Windfall Geotek is an Artificial Intelligence company that has been inbusiness for over 20 years developing its proprietary AI Systemanalysis (AI) and data mining techniques. All our It combinesavailable public and private datasets including geophysical, drillhole and surface data. The algorithms used by Windfall are designed tohighlight areas of interest that have the potential to be geologicallysimilar to other gold, copper, Nickel and Zinc deposits/mines in thesame geological context.

Michel Fontaine Interim Chairman, CEOand President of Windfall Geotek states: “When we began in 2005, talking aboutalgorithms, datamining, scoring engine, data driven approach, allthese terms were just not familiar to everyone. My nickname wasBlackbox. After 20 years working with our AI system, I can telleverybody, if you trust your data, you must trust our AI data drivenapproach. Our approach is faster (takes 10-15 days to run our AISystem and generate targets), Greener (we reduce the size of yourproject than 98-99%) and cost-effective solutions because our rates ofsuccess in the past was more than 70% when clients were serious towork on our targets. We used our team of geologists only 4 times toexplore on the targets we have defined for our clients and they found3 times something very interesting. Our Approach have done more than37 client’s discoveries. Our best client’s success began in 2005with the discovery of kimberlites in Brazil, the Noront’s discoveryin the ring of Fire in 2007(Diagnos stock went at $1.03), Metanor(Bachelor), Falco (2018) Canada Nickel (2019). Unfortunately, theCanada Nickel discovery announced in March 2019 was our lastvalidation done by a client.

I decided to come back to leadWindfall helped with the experience of Marcel Robillard as aGeologist, and Mario Drolet specialist as a Marketing. These twodirectors will help me with this new approach. It is time to provethis AI data driven Approach by exploring/working 10 of our targetsgenerated by our AI System.  We will continue to offer our servicesin the same time. We just want to show how this AI System iseffective. We are talking about R&D here. Our clients invested alot of money in data. By taking this approach, 100% of this data willwork. Time to build value for our shareholders and clients with thisnew business plan. In the last months, we have done many internalworks by using public data available in Canada and Australia. Morenews to come to explain our strategy. Last thing, for the Landminedetection, we restarted some tests right now. More we will know how towork with these drones’ data and more we will use this knowledge inthe mining.”.

About Windfall Geotek Powered byArtificial Intelligence (AI) since 2005

Windfall Geotek is a services company using Artificial Intelligence(AI). Windfall Geotek can count on a multidisciplinary team thatincludes professionals in geophysics, geology, ArtificialIntelligence, and mathematics. The Company's objective is towork/validate some of our best targets generated by our AI System anddevelop a new royalty stream by significantly enhancing andparticipating in the exploration success rate of mining and tocontinue the Land Mine detection application as a high priority.

For further information, please contact:

Michel Fontaine

Interim Chairman, CEO and President of WindfallGeotek

Telephone: 514-994-5843

Email: michel@windfallgeotek.com

Website: www.windfallgeotek.com


Additional information about the Company isavailable under Windfall Geotek’s profile on SEDAR at www.sedar.com . Neither the TSXVenture Exchange nor does its Regulation Services Provider (as thatterm is defined in the policies of the TSX Venture Exchange) acceptresponsibility for the adequacy or accuracy of this release.

FORWARD LOOKING STATEMENTS This news release maycontain forward?looking statements. Forward looking statements arestatements that are not historical facts and are generally, but notalways, identified by the words “expects”, “plans”,“anticipates”, “believes”, “intends”, “estimates”,“projects”, “potential” and similar expressions, or thatevents or conditions “will”, “would”, “may”, “could”or “should” occur. Although the Company believes the expectationsexpressed in such forward?looking statements are based on reasonableassumptions, such statements are not guarantees of future performanceand actual results may differ materially from those in forward lookingstatements. Forward?looking statements are based on the beliefs,estimates and opinions of the Company’s management on the date suchstatements were made. The Company expressly disclaims any intention orobligation to update or revise any forward?looking statementswhether as a result of new information, future events or otherwise.Neither TSX Venture Exchange nor its Regulation Services Provider (asthat term is defined in the policies of TSX Venture Exchange) acceptsresponsibility for the adequacy of accuracy of this release

Copyright (c) 2025 TheNewswire - All rights reserved.

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