Oncologix Tech, Inc. (OTCPK: OCLG) announced a private placement of 625,000 common shares at $0.04 per share for gross proceeds of $25,000 on October 19, 2011. The round included participation from an accredited investor. On January 26, 2012, Oncologix Tech, Inc. closed the transaction. The company issued 1,000,000 common shares at a price of $0.04 per share for gross proceeds of $40,000 to one non-related accredited investor. The gross proceeds of the transaction were $65,000.