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Symbol
AIX
Latest
$0.03 +0.00
Volume
2,200
Quote Delayed
Up To 15 Minutes

News Release

Alix Announces Financing/New CFO

ALIX ANNOUNCES FINANCING/NEW CFO
 
April 14th, 2009, VANCOUVER, B.C. – ALIX RESOURCES CORP. (“Alix” or the “Company”) (AIX-TSX:V) announces it is reducing the price of its previously announced non-brokered private placement (see March 26th, 2009) from $0.12 to $0.08, re-pricing the associated warrants from 15 cents to 10 cents, and amending the one year, half warrant to be an eighteen month full warrant.
 
The proceeds from the private placement will be used to pay for drilling and working capital.
 
A finder's fee will be payable on the private placement in accordance with the policies of the TSX Venture Exchange. The private placement is subject to TSX Venture Exchange acceptance.
 
The Company also announces the appointment of John Masters to replace Olga Nikitovic as CFO. Mr. Masters is currently the Secretary of the Company and is an integral part of the day to day operations.
 
For further information we invite you to visit us at www.alixresources.com.
 
Alix Resources is a junior exploration companies actively seeking mineral and energy opportunities for the benefit of all our stakeholders.
 
 
ON BEHALF OF THE BOARD
 
Signed “Michael England”                                             
Michael England, President
FOR FURTHER INFORMATION PLEASE CONTACT:
Telephone: 1-604-683-3995
Toll Free: 1-888-945-4770

 
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

Contact Alix

Local
604-683-3995
Toll-Free
1-888-945-4770
Fax
604-683-3988
Email
info@alixresources.com