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February 7, 2013, VANCOUVER, B.C. – ALIX RESOURCES CORP. (“Alix” or the “Company”) (AIX-TSX:V) (37N–FRANKFURT) is pleased to announce that further to its news release dated January 9, 2013 and January 25, 2013, it has completed the final tranche of a non-brokered private placement of 500,000 units at a price of $0.05 per unit for gross proceeds of $25,000 (the “Offering”).
Each unit consists of one common share (the “Shares”) and one Share purchase warrant of the Company. Each warrant will entitle the holder to acquire one Share of the Company at a price of $0.08 per Share for the first 12 months and $0.10 per Share for the following 12 months from the date of issuance.
The Company paid a cash commission to the finder totaling $2,500.
The Shares and warrants issued pursuant to the private placement and any Shares issued on exercise of the warrants are subject to four-month resale restriction that expires on June 7, 2013.
The proceeds raised will be used for general working capital.
Alix Resources is a junior exploration company actively seeking mineral 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
Michael England, President
FOR FURTHER INFORMATION PLEASE CONTACT:
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.