Business
Windfall Geotek Makes a Correction on Stock Options Announced in Earlier Press Release of Today
(TheNewswire) DOES NOT CONSTITUTE AN OFFER OF THE SECURITIE...
About this update from Windfall Geotek Inc.
[{"type":"text","content":"Windfall Geotek Makes a Correction on Stock Options Announced in Earlier Press Release of Today\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n DOES NOT CONSTITUTE AN OFFER\nOF THE SECURITIES DESCRIBED HEREIN\n \n \n \n \n Brossard, Quebec - TheNewswire -\nMarch 30, 2021\n \n \n – Windfall Geotek Inc.\n(\n \n the “Company”, or “Windfall”\n \n (\n \n \n TSXV:WIN\n \n \n )\n \n \n ,\n \n \n (\n \n \n OTC:WINKF\n \n \n )\n \n \n ,\n \n \n (\n \n \n FSE:L7C2)\n \n Windfall has been\nproviding high probability AI exploration targets for mineral\nexploration in the mining industry since 2005.\n \n \n \n Correction for Grant of Stock Options\nand appointment of Simran\n \n \n Kamboj\n \n \n \n Windfall is pleased to announce the grant of 1,300,000 stock options\n(previously read 1,000,000) to its directors, management team and\nconsultants. The stock options entitle their holders to purchase the\nsame number of common shares of Windfall at a price of $0.295 per\ncommon share for a period of 5 years, namely March 29, 2026 (the\n“\n \n Options\n \n ”).\n \n \n Windfall’s directors and management team were granted 800,000\nOptions (previously read 500,000), and two consultants of Windfall\nwere granted 500,000 Options.\n \n \n Windfall is also pleased to announce the appointment of Simran Kamboj\nto its board of directors.\n \n \n \n About Windfall Geotek\n \n \n –\n \n \n Powered by\nArtificial Intelligence (AI) since 2005\n \n \n \n \n Windfall is an Artificial Intelligence company that has\nbeen in business for over 15 years developing its proprietary analysis\n(AI) and data mining techniques.\n \n \n Windfall Geotek\ncan count on a multidisciplinary team that includes professionals in\ngeophysics, geology, Artificial Intelligence, and mathematics.\n \n \n It combines available public and private\ndatasets including geophysical, drill hole and surface data. The\nalgorithms designed and employed by Windfall are calculated to\nhighlight areas of interest that have the potential to be geologically\nsimilar to other gold deposits and mineralization.\n \n \n The Company's objective is to develop a new royalty stream by\nsignificantly enhancing and participating in the exploration success\nrate of mining and to continue the Land Mine detection ...