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News Release

ALIX ANNOUNCES CORRECTION TO FLOW THROUGH FINANCING

November 7, 2016, Vancouver, BC, Canada – ALIX RESOURCES CORP. (“Alix” or the “Company”) (AIX-TSX:V) (37N–FRANKFURT) announces a correction to its news release of November 3, 2016 regarding the non-brokered Flow Through Private placement.  In the Company’s original release it was stated that the private placement would be comprised of up to 6,250,000 units for aggregate gross proceeds of up to $800,000. The number of units in the offering is correct however the aggregate gross proceeds of the non-brokered Flow Through private placement will be up to $500,000.

The private placement is subject to TSX Venture Exchange approval.

About Alix Resources

Alix Resources is a junior mining exploration company focused on seeking and acquiring lithium projects globally. Alix continues to evaluate suitable prospects that fit the mandate of the Company.  The Company now has active lithium projects in Quebec, Mexico and Ontario.

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