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Wellfield Provides Corporate Update

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Wellfield Technologies (TSXV: WFLD) (OTC Pink: WFLDF) announced the departure of board member Kristina Bates, effective February 14, 2025. The company has initiated a search for a replacement director and will provide additional information once available.

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Toronto, Ontario--(Newsfile Corp. - February 18, 2025) - Wellfield Technologies Inc. (TSXV: WFLD) (OTC Pink: WFLDF) (FSE: K8D) (the "Company" or "Wellfield") announced today the departure of Kristina Bates, effective February 14, 2025. Wellfield's board of directors thanks Kristina for her valuable contributions to the Company and wishes Kristina success in her future endeavors, and have accepted her resignation.

The Company has initiated a search for a replacement director and expects to provide additional information once available.

About Wellfield Technologies

Wellfield Technologies, Inc. (TSXV: WFLD) is a leading fintech company specializing in innovative solutions leveraging blockchain technology. Our platform Coinmama, provides seamless access to the cryptocurrency market for over 3.5 million registered users across 180 countries. We offer disruptive on-chain and web3 secure and friendly self-custody solutions through Coinmama. Additionally, Wellfield operates Tradewind Markets platform to digitize and trade real-world assets, including our flagship VaultChain™ Gold and VaultChain™ Silver products.

Join Wellfield's digital community on LinkedIn and Twitter, and for more details, visit wellfield.io.

For further information contact:

Wellfield Technologies Inc.
Levy Cohen, CEO
levyc@wellfield.io
(832) 483-2575

Ryan Graybill, Investor Relations
ryan.graybill@wellfield.io

Cautionary Statements

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has approved nor disapproved the contents of this news release, nor do they accept responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/241403

FAQ

When did Kristina Bates leave Wellfield Technologies (WFLDF)?

Kristina Bates left Wellfield Technologies (WFLDF) effective February 14, 2025.

Is Wellfield Technologies (WFLDF) searching for a new director?

Yes, Wellfield Technologies has initiated a search for a replacement director following Kristina Bates' departure.

What exchanges is Wellfield Technologies (WFLDF) listed on?

Wellfield Technologies is listed on the TSX Venture Exchange (TSXV: WFLD), OTC Pink (WFLDF), and Frankfurt Stock Exchange (FSE: K8D).
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