VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 08/02/12 -- Geologix Explorations Inc. (FRANKFURT: GF6)(TSX: GIX)(BERLIN: GF6)(MUN: GF6)(STUT: GF6)(OTCQX: GIXEF) ("Geologix" and the "Company") is pleased to announce that its $2,000,000 unit private placement announced June 28, 2012 was oversubscribed and a total of $2,502,000 was raised.
Geologix issued 12,510,000 units at $0.20 per unit. Each unit consisted of one
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