Geologix Explorations Inc. to Commence Trading on the United States' Otcqx on Thursday, April 5, 2012
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 04/05/12 -- Geologix Explorations Inc. (TSX: GIX)(OTCQX: GIXEF)(FRANKFURT: GF6)(BERLIN: GF6)(MUN: GF6)(STUT: GF6) ("Geologix", the "Company") is pleased to announce that on Thursday, April 5th, 2012 the Company's shares will commence trading in the United States on the OTCQX under the symbol "GIXEF".
OTCQX securities are quoted on the OTC Link platform, operated by OTC Markets Group. U.S. investors can access the Company's current financial disclosures, news releases, and real-time level 2 quotes at www.OTCQX.com and www.OTCMarkets.com. Merriman Capital, Inc. will serve as Geologix's Principal American Liaison ("PAL") on the OTCQX, and be responsible for providing guidance on OTCQX requirements. Merriman is a member of FINRA and SIPC.
About Geologix
Geologix Explorations Inc. is a mineral exploration company focused on acquiring, exploring and developing mineral resource opportunities with the potential to host world class mineral deposits. The Company's primary focus is the Tepal Gold-Copper Porphyry Project in Michoacan state, Mexico, where the Company recently completed an upgraded resource estimation, which will be the basis of an upcoming pre-feasibility study expected to be completed by the end of the second quarter of 2012. Field programs at Tepal are ongoing as the Company continues to explore for additional mineralization throughout the property, in an effort to expand the size of the resource and scale of a possible future mining operation.
About the OTCQX
The OTCQX is the most prestigious of the three OTC market tiers and is recognized as a quality-controlled marketplace for investor-friendly companies. The OTC market is the world's largest electronic marketplace for broker-dealers to trade over 10,000 unlisted securities. In 2011 securities on the OTC platform traded over $229 billion in dollar volume.
The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Contacts:
Geologix Explorations Inc.
Dunham Craig
President & CEO
604-694-1742 or Toll Free: 1-888-694-1742
dcraig@geologix.ca
Geologix Explorations Inc.
Jeffrey Wilson
VP Corporate Communications
604-694-1742 or Toll Free: 1-888-694-1742
jwilson@geologix.ca
www.geologix.ca
