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Symbol
AIX
Latest
$0.035 +0.000
Volume
71,000
Quote Delayed
Up To 15 Minutes

News Release

ALIX ANNOUNCES FLOW THROUGH FINANCING

March 13th 2014, Vancouver, BC, Canada – ALIX RESOURCES CORP. (“Alix” or the “Company”) (AIX-TSX:V) (37N–FRANKFURT)  announces that it has arranged a non-brokered flow through private placement of up to 5 million flow through units ("FT Units") at a price of $0.05 per FT Unit for aggregate gross proceeds of $250,000 (the "FT Offering").  Each FT Unit will be comprised of one common flow through share ("FT Share") and one share purchase warrant of the Company ("Warrant").  Each warrant entitles the holder to purchase an additional non-flow through share at a price of $0.075 per share for a period of 18 months. Proceeds will be used for the spring and summer work programs on the Company’s properties located in the Sheslay Valley district of northwest British Columbia.

The private placement is subject to TSX Venture Exchange acceptance.  Finder's fees may be payable on the private placement, subject to the policies of the TSX Venture Exchange.

Alix Resources is a junior exploration company actively seeking mineral opportunities for the benefit of all its stakeholders.  For further information we invite you to visit us at www.alixresources.com.

ON BEHALF OF THE BOARD

Michael England                                        

Michael England, President, CEO, Director

FOR FURTHER INFORMATION, PLEASE CONTACT:

Telephone: 1-604-683-3995

Toll Free: 1-888-945-4770

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