Business
Windfall Geotek Announces Upcoming In-Depth Review and Analysis of Last 15 Years of Strategic Assets and Projects
(TheNewswire) DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESC...
About this update from Windfall Geotek Inc.
[{"type":"text","content":"Windfall Geotek Announces Upcoming In-Depth Review and Analysis of Last 15 Years of Strategic Assets and Projects\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n DOES NOT CONSTITUTE AN OFFER OF\nTHE SECURITIES DESCRIBED HEREIN\n \n \n \n Brossard, Quebec - The Newswire - March 23, 202\n \n 1\n \n - Windfall Geotek (TSXV:WIN\n \n )\n(\n \n OTC:WINKF\n \n ) (\n \n FSE:L7C2) (“Windfall”\nor the “Company”) a mining technology company and a leader in the\nuse of Artificial Intelligence (AI) and advanced knowledge-extraction\ntechniques since 2005 in the mining sector announces it has engaged\nMark Billings to do a complete review of all the assets of Windfall\nGeotek, including but not limited to work done at Kirkland Lake,\nTimmins, and projects in Quebec. Over the past 15 years Windfall has\nproduced targets for over 90 projects, of which only 30 have been\nvalidated and many are associated closely with electrification metals.\nMr. Billings will be contracted to review all of the targets, Net\nSmelter Returns (NSR’s) and claims of Windfall to present a plan for\nmonetizing those assets and projects to the board. Mr. Billings has\nover 20 years of experience in the resource sector and holds an MBA in\nFinance from Harvard Business School. He is currently an executive or\ndirector with Canadian-based companies in the mining sector.\n \n \n \n Dinesh Kandanchatha, Chairman\ncommented\n \n , “Mark’s background in the resource sector and\nhis educational pedigree make him a perfect fit for this task. Over 15\nyears you can accumulate a lot of hidden value that with the right mix\nof creativity and capital can create massive momentum, especially\nduring this shift to electrification metals. We are building a team of\noperational and investment leaders which will attract the best\nprojects and maximize the leverage from our CARDS AI technology, and\nit starts by taking stock of what we have.”\n \n \n \n Mark Billings commented\n \n , “I\nam excited to use my experience in the resource sector and financial\nbackground to support the execution of the Windfall business plan. As\na longtime colleague of Sheldon Inwentash and having watched\nWindfall’s evolution over the past few years, I feel like the timing\nis perfect for this kind of compa...