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August 9, 2012

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Geodex Announces Proposed Share Consolidation

Geodex Minerals Ltd. (TSX-V:GXM), ("Geodex") announces that it is seeking shareholder approval for a proposed consolidation of its issued share capital on the basis of one (1) new common share without par value for up to ten (10) existing common shares without par value, or such lower ratio as the board of directors may determine.

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