VANCOUVER, British Columbia, Jan. 12, 2018 (GLOBE NEWSWIRE) -- Geologix Explorations Inc. (TSX:GIX)
(“Geologix” or the “Company”) is pleased to announce that holders of all of the outstanding
convertible, unsecured, 10%, three-year promissory notes totalling $291,800 have converted the principal due under their notes into
8,105,555 common shares pursuant to the conversion price at the time the notes were issued of $0.036 per share.
About Geologix Explorations Inc.
Geologix is a mineral exploration and development company focused on acquiring, exploring, and developing
mineral resource opportunities with the potential to host profitable mining operations. The Company's primary focus is the Tepal
Gold/Copper Project in Michoacán state, Mexico.
For Further Information Please Contact: Kiran Patankar President and Chief Executive Officer Tel: 604-694-1742 Email: kpatankar@geologix.ca Website: www.geologix.ca
