Mr. Dinesh Kandanchatha reports

WINDFALL GEOTEK ANNOUNCES APPOINTMENT OF A CEO

Windfall Geotek Inc. has appointed David Beck as the chief executive officer. Mr. Beck's career has focused on capital markets, turnarounds, and mergers and acquisitions, primarily in the technology sector and more recently in the mining sector. Mr. Beck is currently a member of the board of directors for three public companies: DGTL -- TSX Venture Exchange, ISD -- TSX-V and LLM -- Canadian Securities Exchange (prior four public companies). Most recently, he was chief financial officer of Advanced United Holdings (AUHI -- CSE), a junior mining company, in which he successfully completed two year-end audits. Prior to this, he was chairman and chief executive officer of 3Sixty Secure (SAFE -- CSE), a 250-person physical security services company. Other experience includes public equity: head of technology investment banking at several boutique investment dealers, and consistently top-ranked technology financial analyst based in both New York and Toronto; and private equity: partner, Celtic House Venture Partners, and personal investments and advisory services to 20-plus private growth companies.

Mr. Beck holds an MBA (dean's list) from Ivey Business School (University of Western Ontario) and a BSc honours (engineering physics) from Queen's University.

Dinesh Kandanchatha, chairman of Windfall Geotek, commented: "Mr. Beck brings decades of experience in the technology sector. His access to capital networks and his strong operational focus represent the next phase of Windfall's growth in digital exploration leveraging artificial intelligence."

Mr. Beck commented: "I am very pleased to be joining the Windfall team. Over the last several years, the company has focused on building an industry leading AI for exploration. My mandate is to leverage these efforts and effectively execute on go-to-market strategy, which creates significant shareholder value."

In connection with the appointment, Windfall announces the grant of four million options to Mr. Beck exercisable for a period of five years.

About Windfall Geotek Inc.

Powered by artificial intelligence (AI) since 2005.

Windfall is an artificial intelligence company that has been in business for over 15 years developing its proprietary AI and data-mining techniques. Windfall Geotek can count on a multidisciplinary team that includes professionals in geophysics, geology, artificial intelligence and mathematics. It combines available public and private datasets including geophysical, drill hole and surface data. The algorithms designed and employed by Windfall are calculated to highlight areas of interest that have the potential to be geologically similar to other gold deposits and mineralization.

The company's objective is to develop a new royalty stream by significantly enhancing and participating in the exploration success rate of mining and to continue the land mine detection application as a high priority.

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