Mr. Michel Fontaine reports

WINDFALL GEOTEK PROVIDES BUSINESS UPDATE

Windfall Geotek Inc. has provided a business update to stakeholders.

David Beck, chairman and chief executive officer, stated:

"Our capital markets highlight for the first half of 2024 include:

• "TSX-V trading halt: On Feb. 15, 2024, trading of the company's common shares was halted on the TSX Venture Exchange due initially to the resignation of three directors and subsequently extended due to a request by the TSX-V to review the company and determine whether it needed to undertake a change of business from being an exploration mining issuer to an information technology issuer.
• "CSE listing: The company sought to list its common shares with the Canadian Securities Exchange and, on Aug. 15, 2024, we were successful in doing so.

"Our operational highlights from the first half of 2024 include:

• "Cost-cutting achieved: At the beginning of 2024, my initial focus was to cut costs, particularly on consultants and service providers. The result has been a reduction of expenses of more than 50 per cent on a month-to-month basis.
• "World-class resources. With the addition of Dorian L. (Dusty) Nicol and Joe Lafleur to our board of directors and the creation of an advisory board led by Andre Gauthier, we have greatly enhanced the company's capabilities on both geology and AI.
• "Strong business pipeline. In any turnaround situation, it is revenue that saves the day. As such, our near-term priority is to execute on a pipeline of potential projects with the objective of achieving cash flow break-even results.
• "Strategic activity required. Going forward, we recognize that scale matters. We need to layer on additional revenue through channel expansion, partnership and/or MA."

Michel Fontaine, founder and head of sales, commented: "We have been applying AI in the exploration mining sector for 18 years and have contributed to close to 40 discoveries. Since the start of 2024, the company's new leadership has enabled me to expand the business opportunity pipeline. Specifically, 2024 customer activity includes:

• "Two customer projects delivered and paid:
  • "Wesdome Gold Mines Ltd.;
  • "Benton Resources Inc.
• "Nine active work proposals (two international)."

About Windfall Geotek Inc.

Windfall Geotek is an exploration mining company which utilizes its proprietary AI (artificial intelligence) technology platform to establish a competitive advantage in the identification, selection and development of prospective exploration mining opportunities.

We seek Safe Harbor.