Geologix Announces Issuance of Stock Options

VANCOUVER, British Columbia, March 16, 2018 (GLOBE NEWSWIRE) -- Geologix Explorations Inc. (TSX-V: GIX) (“Geologix” or the “Company”) announces that it has granted incentive stock options to its employees, directors, officers and consultants to acquire an aggregate of 100,000 common shares until March 16, 2020 and 4,850,000 common shares until March 16, 2023, all at an exercise price of $0.05 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 PatankarPresident and Chief Executive OfficerTel: 604-694-1742Email: [email protected]Website: www.geologix.ca

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