Geologix Closes Public Offering for Gross Proceeds of $23,000,736

- March 1st, 2011

Geologix Explorations Inc. (TSE:GIX) reports it has completed a bought deal offering of 34,849,600 common shares of the Company.

Geologix Explorations Inc. (TSX:GIX) reports it has completed a bought deal offering of 34,849,600 common shares of the Company.

The press release is quoted as saying:

The net proceeds of the Offering will be used towards the Company’s Tepal property in Michoacan, Mexico, Libertad property in Sonora State, Mexico and general working capital purposes.

Click here to access the entire news release.

Click here to access Geologix’s company profile.

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