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Symbol
AIX
Latest
$0.03 -0.01
Volume
2,200
Quote Delayed
Up To 15 Minutes

News Release

ALIX ANNOUNCES TERMS OF WINDY AGREEMENT

November 11th, 2013, VANCOUVER, B.C. – ALIX RESOURCES CORP. (“Alix” or the “Company”) (AIX-TSX:V) announces the following terms regarding the Windy acquisition dated November 7, 2013. Terms of the deal see Alix making cumulative cash payments totaling $80,000 plus issuing 4.5 million shares of the Company and incurring $800,000 in expenditures over a period of 4 years. A 2% NSR will be granted to the vendor with 1% purchasable for $1 million.

This deal is subject to TSX Venture approval.

ON BEHALF OF THE BOARD

Michael England, President

FOR FURTHER INFORMATION PLEASE CONTACT:

Telephone: 1-604-683-3995

Toll Free: 1-888-945-4770

Forward-Looking Statement:
Some statements in this news release contain forward-looking information that involves inherent risk and uncertainty affecting the business of Alix Resources Corp. Actual results may differ materially from those currently anticipated in such statements. Neither the 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