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

News Release

Alix Announces Warrant Amendment

ALIX ANNOUNCES WARRANT AMENDMENT
 
June 10th, 2009, VANCOUVER, B.C. – ALIX RESOURCES CORP. (“Alix” or the “Company”) (AIX-TSX:V)(37N – FRANKFURT)
 
Warrant Amendment
 
The Company announces that it is applying to the TSXV for acceptance of an amendment (the "Amendment") to up to 2,191,500 common share purchase warrants (the "Warrants") originally issued in connection with a private placement (the "Private Placement") announced on March 12, 2007 and June 12, 2007. The Private Placement consisted of 6,000,000 units (the "Units") of the Company at a price of $0.10 per Unit, each Unit consisting of one common share (a "Share") and one half of one Warrant. The original Warrants terms specified that each Warrant was exercisable into one common share (a "Share") of the Company at a price of $0.165 per Share, expiring on June 22, 2009.
 
The Company wishes to extend the term of the warrants in order that they expire on June 22, 2010.
 
There are no other proposed changes to the Warrants. The Amendment is subject to TSXV acceptance.
  
Alix Resources is a junior exploration companies actively seeking mineral and energy opportunities for the benefit of all our stakeholders. For further information we invite you to visit us at www.alixresources.com.
 
 
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