Mr. Michel Fontaine reports

WINDFALL GEOTEK ANNOUNCES BOARD CHANGES AND PROVIDES AN UPDATE ON NOMINATION OF DIRECTORS AT UPCOMING SHAREHOLDERS' MEETING

Windfall Geotek Inc. has appointed Marcel Robillard, Michel Fontaine and Mario Drolet to the board of directors of the company.

The company also announces the resignations of David Beck, Dorian Nicol and Joseph Lafleur from their roles as directors of the company, effective immediately. The company would like to thank Mr. Beck, Mr. Lafleur and Mr. Nicol for their contributions during their tenure and wish them well in their future endeavours.

In connection with the changes to the board of directors, Mr. Beck, Mr. Nicol and Mr. Lafleur will not be standing for re-election at the meeting of shareholders of the company to be held on Feb. 21, 2025. As a result of the changes to the board of directors of the company, Mr. Robillard, Mr. Fontaine and Mr. Drolet will be standing for election as directors at the meeting.

About the new nominees

Marcel Robillard

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

Michel Fontaine

Mr. Fontaine is a private investor, entrepreneur and independent board member with broad experience in the financial and mining industries spanning over two decades. He is the founder of Windfall in 2005 and previously served as its president and CEO from 2015 and 2021, and remained involved with the company as its sales manager. Prior to founding the company, Mr. Fontaine worked at Merrill Lynch and BMO Nesbitt Burns Inc. as a financial adviser. Mr. Fontaine also has extensive experience serving on the boards of public mining companies and has served on the board of Puma Exploration Inc. (TSX-V: PUMA) since 2020. He also previously served on the boards of Metanor Resources Inc., Everton Resources Inc. and Majescor Resources Inc.

Mario Drolet

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

Windfall management's recommendations

The company is confident in the skills of its directors and the revised director nominees for the upcoming meeting. Accordingly, the company recommends that shareholders vote for the election of Mr. Robillard, Mr. Fontaine and Mr. Drolet as directors at the meeting. The management proxyholder intends to use the discretion under previously submitted proxies to vote for the election of the new director nominees.

About Windfall Geotek Inc.

Windfall Geotek is an exploration mining company that uses its proprietary AI (artificial intelligence) technology platform to establish a competitive advantage in the identification, selection and development of prospective exploration mining opportunities. Since the time of incorporation, the principal business carried on by the company has been the acquisition, exploration and development of mineral properties. To assist with the assessment of, and financing of properties, the company has utilized its platform for the acquisition mineral exploration claims and the investment in exploration mining companies. Management believes that this platform also enables the company to diversify risk and obtain an alternative source of financing through the sale of its AI solutions services, through which the company has been generating revenue.

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