An anonymous director reports

GEODEX ANNOUNCES $200,000 BEST EFFORTS NON-BROKERED PRIVATE PLACEMENT

Geodex Minerals Ltd. intends to complete a best efforts non-brokered private placement of special warrants at a price of 1.5 cents per special warrant for gross proceeds of up to $200,000. Each special warrant is exchangeable, for no additional consideration, into one unit of the company. Each unit comprises one common share of the company and one-half of one common share purchase warrant of the company. Each warrant entitles the holder thereof to purchase one common share of the company for a period of 24 months after the closing date (as hereinafter defined) at a price of two cents per warrant share. Each special warrant shall be automatically exchanged for one unit (comprising one warrant share and one-half of one warrant) upon satisfaction of the following conditions:

1. The completion of a consolidation of the outstanding common shares of the company on a minimum 10 (old) common shares for one (new) common shares;
2. Receipt of approval of the TSX Venture Exchange for the offering and the consolidation;
3. Receipt of all regulatory approvals required for the offering and the consolidation.

The company shall use reasonable efforts to satisfy the exercise conditions. In the event that the exercise conditions are not satisfied on the date that is six months after the closing date, the special warrants shall be redeemed at the purchase price with interest at a rate of 10 per cent per annum. In the event that the exercise conditions are satisfied on or before the date that is six months after the closing date, the special warrants shall be deemed to be exchanged, for no further consideration, at 5 p.m. (Toronto time) on the date that the exercise conditions are satisfied.

It is expected that the closing of the offering will occur on July 3, 2015.

We seek Safe Harbor.