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News Release

ALIX ANNOUNCES CLOSING OF PRIVATE PLACEMENT OFFERING

July 31, 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 April 22, May 9 and May 28, 2013, it has completed its non-brokered private placement of 5,950,033 units at a price of $0.03 per unit for gross proceeds of $178,500.99 (the “Offering”).

Each unit consists of one common share (the “Shares”) and one-half of one Share purchase warrant (each whole warrant, a "Warrant") of the Company. Each Warrant will entitle the holder to acquire one Share (a "Warrant Share") of the Company at a price of $0.06 per Warrant Share until July 31, 2014.

All securities issued pursuant to the Offering are subject to a hold period expiring on December 1, 2013.

The Offering was conducted pursuant to TSX Venture Exchange's Bulletin dated August 17, 2012 and extended on December 12, 2012 and April 12, 2013, Private Placements – Temporary Relief From Certain Pricing Requirements.

The Offering was conducted to satisfy the following immediate payables due of the Company:

Accounting fees

$2,595.00

Legal fees

$5,905.99

Partial Loan Repayment

$95,000.00

Existing property exploration expenditures

$25,000.00

General working capital

$50,000.00

Total

$178,500.99

The Company confirms that no funds raised as part of the Offering will be used to pay any liabilities owed to any related parties of the Company.  The Offering was reviewed and approved by the Company’s disinterested board of directors.

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:

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