Oncologix Tech, Inc. (OTCPK:OCLG) announced a private placement of 6,000,000 common shares at a price of $0.006 per share for gross proceeds of $36,000 on August 7, 2013. The company also issued three-year warrants to purchase 6,000,000 common stock at an exercise price of $0.012 per share. The company issued the shares to an affiliated accredited investor.

On August 7, 2013, Oncologix Tech, Inc. closed the transaction.