19:21:19 EST Thu 05 Nov 2026
Enter Symbol
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Windfall Geotek Inc
Symbol WIN
Shares Issued 134,000,000
Close 2026-11-05 C$ 0.015
Market Cap C$ 2,010,000
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Windfall appoints Pernas as Argentina, Chile, Peru rep

2026-11-05 17:50 ET - News Release

Mr. Michel Fontaine reports

WINDFALL GEOTEK CONTINUES ITS GLOBAL GROWTH STRATEGY WITH NEW EXCLUSIVE REPRESENTATIVE IN ARGENTINA, CHILE AND PERU

Windfall Geotek Inc. has appointed Javier Pernas, director of Simplex SRL, as the company's exclusive representative in Argentina, Chile and Peru.

This announcement reflects the importance of Latin American market exploration in the context of the world looking aggressively for copper. Mr. Pernas brings local market knowledge and experience across the mining and information technology sectors, and provides Windfall Geotek with a single commercial hub covering three of the world's most important mining jurisdictions.

Simplex's director has more than 30 years of experience in B2B (business-to-business) technology sales and business development across Latin America, including senior commercial roles at Gilat Satellite Networks, Nokia and early stage technology companies. Through Simplex, a technology sales agency and management consultancy, he represents international technology manufacturers across the mining, oil and gas, energy, and infrastructure sectors, helping them enter Latin American markets, develop sales channels and manage complex commercial opportunities from initial engagement through closing. Mr. Pernas holds an engineering degree from ITBA (Argentina) and an MBA from IMD (Switzerland).

Management commentary

Rejean Provost, vice-president, business development, at Windfall Geotek, commented:

"Windfall Geotek has been active in the Latin American market, and we believe that with a strong local presence these are strategic markets for the expansion of our AI/ML-driven mineral exploration technology. The signing of representation agreements with experienced local agencies supports our international growth strategy and demonstrates the ability of our technology to be deployed across mining jurisdictions worldwide.

"Argentina, Chile and Peru are among the world's leading mining jurisdictions, particularly for copper, with extensive geological and geophysical data sets ideally suited to Windfall Geotek's AI/ML targeting approach. By combining our proven technology with Mr. Pernas's extensive network and knowledge of the Latin American mining sector, we believe we can accelerate market penetration and generate meaningful commercial opportunities. This process is already under way, with several prospective opportunities and industry introductions identified.

"Together with our recent announcement of representation in Japan and Australia, these agreements support Windfall Geotek's strategy of expanding internationally through knowledgeable local partners while maintaining a highly scalable business model. Our objective is to convert more than two decades of AI/ML development and successful mineral targeting into a growing pipeline of commercial projects, strategic partnerships, and discovery opportunities for Windfall Geotek and its shareholders."

About Windfall Geotek Inc. -- artificial-intelligence-powered discovery since 2005

Windfall Geotek is a global leader in AI-driven mineral exploration, turning complex geoscience data into high-potential discoveries with speed and accuracy. With a multidisciplinary team of geophysicists, geologists and AI specialists, Windfall is validating selected AI-generated targets to demonstrate the reliability of its system. Beyond mining, the company is expanding its expertise into life-saving applications, including landmine and UXO detection.

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