Geologix Explorations Inc.

Geologix Explorations Inc.

September 24, 2009 12:00 ET

Geologix Appoints George Brack as Director

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 24, 2009) - Geologix Explorations Inc. (the "Company") (TSX:GIX)(FRANKFURT:GF6)(BERLIN:GF6)(STUTTGART:GF6)(MUNICH:GF6) is pleased to announce the appointment of Mr. George L. Brack to the Company's board of directors.

Mr. Brack's 25-year career in the mining industry has focused on investment banking and corporate development, specifically identifying, evaluating, and executing strategic mergers and acquisitions, and the provision of equity financing. Most recently Mr. Brack acted as the Managing Director and Industry Head, Mining Group, of Scotia Capital. Prior to joining Scotia Capital in 2006, Mr. Brack spent seven years as President of Macquarie North America Ltd., an investment banking firm specializing in merger and acquisition advice. Previous to that, Mr. Brack was Vice-President, Corporate Development at Placer Dome Inc., was Vice- President of the investment banking group at CIBC Wood Gundy, and worked in Rio Algom's Corporate Development department. Mr. Brack currently serves as a director of Alexco Resource Corp., Capstone Mining Corp., and Red Back Mining Inc.

Mr. Brack holds a BA. Sc. in Geological Engineering from the University of Toronto, an MBA from York University, and the CFA designation.

Dunham Craig, President & CEO stated, "We are very pleased to welcome Mr. Brack to the Geologix board. Given the Company's current strategy to build through acquisition, we believe George's background and expertise offers the Company an important additional component that compliments the board's mining industry acumen. His depth of experience will greatly benefit the Company in its growth planning."

Geologix Explorations Inc. is a mineral exploration company focused on acquiring, exploring, and developing mineral properties in North and South America.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Geologix Explorations Inc.
    Jeffrey Wilson
    V.P. Corporate Communications
    (604) 694-1742 / Toll Free Canada and USA: 1(888) 694-1742
    Geologix Explorations Inc.
    Dunham Craig
    President & CEO
    (604) 694-1742 / Toll Free Canada and USA: 1(888) 694-1742