Share Price Triggers Warrants' Forced Exercise Provision
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Vancouver, B.C., November 16, 2010 -- Geologix Explorations Inc. (the
"Company" or "Geologix") announces that warrantholders of 7,175,612
common share purchase warrants issued on March 8, 2010 with an exercise
price of $0.30 (the "Warrants") are now subject to a 30-day forced
exercise provision as the Company's daily volume weighted average share
price has been greater than $0.50 for 20 consecutive trading days.

In order to exercise the Warrants, please deliver the warrant
certificate (the "Warrant Certificate") representing the Warrants to be
exercised, a duly completed and executed exercise form in the form
attached to the Warrant Certificate and a certified cheque, bank draft
or money order in lawful money of Canada, payable to or to the order of
Geologix Explorations Inc. in an amount equal to $0.30 multiplied by
the number of common shares subscribed for, to the offices of
Computershare Trust Company of Canada at 200-510 Burrard Street,
Vancouver, British Columbia, V6C 3B9 or 11th Floor, 100 University
Avenue, Toronto, Ontario, M5J 2Y1.

Geologix Explorations Inc. is a mineral exploration company focused on
acquiring, exploring and developing mineral resource opportunities with
the potential to host world class mineral deposits. The Company's
primary focus is the Tepal Gold-Copper Porphyry Project in Michoac�n
State, Mexico, where the Company is aggressively exploring for
potential resource expansion, of the project in its ongoing effort to
upgrade and increase the scale of this emerging project.

CONTACT:

Jeffrey Wilson
V.P. Corporate Communications
Phone: (604) 694-1742
Toll Free in Canada and USA:                
1 (888) 694-1742                                     
Email:  jwilson@geologix.ca             

Dunham Craig
President & CEO
Phone: (604) 694-1742
Email: dcraig@geologix.ca
Website: www.geologix.ca