Geologix Proposes Name Change And Share Consolidation

Geologix_160418

Vancouver, B.C., April 16, 2018 — Geologix Explorations Inc. (TSX-V: GIX) (“Geologix” or the “Company“) announces its intention to change the Company’s name to ValOro Resources Inc. and its ticker symbol to VRO on, and subject to approval of, the TSX-V. Along with the name change, the Company intends to consolidate its common shares (the “Consolidation“) on the basis of one (1) post-Consolidation common share for every ten (10) pre-Consolidation common shares, subject to shareholder and TSX-V approvals.

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