(TheNewswire)
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Brossard, Québec - TheNewswire - October 22, 2025 – Windfall Geotek (CSE: WIN) (the “Company”), a leader in the use of Artificial Intelligence (AI) since 2005 in the mining sector for Digital Exploration, announces that it will conduct a non-brokered private placement (the “Offering”) of up to 25,000,000 units of the Company (each, a “Unit”) at a price of $0.02 per Unit, for maximum gross proceeds of up to $500,000. Each Unit is comprised of one (1) common share of the Company and one common share purchase warrant (a “Warrant”), each Warrant entitling the holder to purchase a common share of the Company (a “Warrant Share”) at an exercise price of $0.05 per Warrant Share for a period of two (2) years following the closing of the Offering.
The net proceeds raised from the Offering will be used for working capital and bona fide debt settlement, excluding accrued salaries to officers or directors of the Company and payment for investor relations activities.
In connection with closing of the Offering, the Company may pay finders’ fees to eligible parties who have assisted in introducing subscribers to the Offering. Completion of the Offering remains subject to regulatory approval.
About Windfall Geotek – Powered by Artificial Intelligence (AI) since 2005
Windfall Geotek is a services company using Artificial Intelligence (AI). Windfall Geotek can count on a multidisciplinary team that includes professionals in geophysics, geology, Artificial Intelligence, and mathematics. Windfall has been instrumental in integrating Artificial Intelligence into mineral exploration. Windfall Geotek has evolved into a pioneer in AI-driven exploration, leveraging innovative data analysis to identify high-potential mineral targets. Windfall is focused on validating AI-generated targets, enhancing shareholder value, and expanding Windfall’s applications into areas such as landmine detection.
For further information, please contact:
Michel Fontaine
Founder, President & CEO
Telephone: 514-994-5843
Email: michel@windfallgeotek.com
Website: www.windfallgeotek.com
Additional information about the Company is
available under Windfall Geotek’s profile on SEDAR at www.sedar.com. Neither the TSX
Venture Exchange nor does its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accept
responsibility for the adequacy or accuracy of this release.
FORWARD LOOKING STATEMENTS This news release may contain forward‐looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward‐looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward‐looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date such statements were made. The Company expressly disclaims any intention or obligation to update or revise any forward‐looking statements whether as a result of new information, future events or otherwise. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this release
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