Oncologix Tech, Inc. (OTCPK:OCLG) announced a private placement of 1,000,000 shares at $0.02 per share for gross proceeds of $200,000 on October 16, 2012. The share were issued pursuant to Regulation D. A non-related accredited investor invested in the transaction.

On October 16, 2012, Oncologix Tech, Inc closed the transaction.