May 15, 2017 / 8:48 PM / 3 months ago

BRIEF-Geologix to carry out $1 mln unit private placement

May 15 (Reuters) - Geologix Explorations Inc

* Geologix to carry out $1,002,000 unit private placement

* Intends to carry out private placement of up to 16.7 million units at $0.06 per unit

* Net proceeds from offering will be used for exploration and development expenditures at company's tepal gold/copper project Source text for Eikon: Further company coverage:

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