Geologix Appoints CFO & Grants Options

Geologix Explorations Inc. (TSX
VENTURE:GIX)(FRANKFURT:GF6)(BERLIN:GF6)(STUTTGART:GF6)(MUNICH:GF6) is pleased to
announce Evelyn Abbott, B.Sc., CMA, as its new Chief Financial Officer.


President and CEO, Mr. Dunham Craig, P.Geo., stated: "Ms. Abbott is an excellent
addition to the Geologix executive team. Her experience working in senior
financial roles will be invaluable to us as we look to finance and develop the
Company."


Ms. Abbott brings more than 15 years of finance and accounting experience to the
Company with senior financial roles in the biotech, manufacturing and logistics
industries. She started her career in public accounting and progressed to an
eight year tenure with The Tibbett & Britten Group, a multinational public
logistics company. During her time with Tibbett & Britten, Ms. Abbott was the
Controller of Summit Logistics Inc. for three years and was then promoted to
Director of Finance for Tibbett & Britten North America, with financial
responsibility for eight subsidiaries and over $350 million in annual revenue.
Ms. Abbott has also worked as a Chief Financial Officer in the manufacturing
sector and was most recently Director of Finance for B.C. Research Inc. and
Vizon Scitec Inc.


Ms. Abbott has a Bachelor of Science from Mount Allison University and is a
Certified Management Accountant (CMA).


INCENTIVE STOCK OPTIONS

Geologix also announces it has granted, pursuant to its Stock Option Plan, Stock
Options to certain of its directors, employees, officers and consultants to
purchase an aggregate of 1,020,000 common shares at a price of $2.42 per share
for a period of 5 years.


Geologix Explorations Inc. is a mineral exploration company focused on
acquiring, exploring and developing gold properties in North and South America.
The Company has a wealth of experience in the mining industry taking early stage
exploration prospects to final feasibility and ultimately to production.

Geologix Explorations (delisted) (TSXV:GIX)
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から 6 2024 まで 7 2024