Geologix Announces Effective Date of Share Consolidation and Name Change to ValOro Resources Inc.

Geologix Explorations Inc. – Mon Jun 25, 2018

Vancouver, B.C., June 25, 2018 – Geologix Explorations Inc. (TSX-V: GIX) (“Geologix” or the “Company”) announces that, effective at the market opening on Thursday, June 28, 2018, Geologix will change its name to ValOro Resources Inc. (“ValOro”) and its common shares will commence trading on the TSX Venture Exchange using the new symbol VRO on a consolidated basis of one (1) new share for ten (10) existing shares. The share consolidation was approved at the Company’s Special Meeting of Shareholders held on June 21, 2018 with 85.3% of the votes cast in favour. In connection with these changes, Letters of Transmittal will be mailed to shareholders providing instructions on the exchange of Geologix share certificates for post-consolidated ValOro share certificates.

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