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ALIX HIRES VANTAGE COMMUNICATIONS
May 13, 2008, VANCOUVER, B.C. – ALIX RESOURCES CORP. (“Alix” or the “Company”) (AIX-TSX:V) (37N – FRANKFURT) has entered into an agreement, subject to the approval of the TSX Venture Exchange, with Vantage Communications Ltd., to provide investor relations services.
Vantage Communications provides direct marketing and strategic corporate communications services by telephone, e-mail and via its website, an industry-leading investment community website that offers free real-time stock quotes to investors on both Canadian and U.S. markets. Through this community-based website Vantage Communications has the ability to interact and disseminate information on its publicly traded clients to thousands of investors, brokers and newsletter writers in a very concise and efficient manner. The principals engaged by the Company from Vantage are Mark Chadwick and Kyle Johnston.
Mr. Chadwick has an extensive history of sales, design, marketing and investor relations services. Since 1999, Mr. Chadwick has been living in Vancouver and engaged in entrepreneurial business activities. During the majority of this time, Mr. Chadwick has held positions with numerous publicly traded companies and, in May, 2006, co-founded Vantage Communications with Mr. Johnston. Mr. Chadwick has been an integral part of the growth and strategy of Vantage, and has helped create the strong brand name and reputation Vantage holds today.
Mr. Johnston has more than 10 years experience in on-line marketing and extensive knowledge in developing effective awareness campaigns. Mr. Johnston has been involved in the stock market for over four years, going on to start up Vantage Communications in May of 2006 with business partner Mr. Chadwick.
Vantage Communications will be paid $8,500 a month for a total of $51,000 over the six-month term of the agreement and will receive stock options to purchase 250,000 common shares of the company at a price of $0.25 per share. The stock options shall become vested in accordance with the standard stock option plan.The company also wishes to announce it has closed 2 tranches of its previously announced private placement (announced April 16th, 2008) totaling $517,900. Tranche one represents 625,000 flow-through units totaling $187,500 and 290,000 non flow-through units totaling $58,000. Hold periods on shares issued on this tranche will expire on September 2, 2008. Tranche two represents 378,000 flow-through units totaling $113,400 and 795,000 non flow-through units totaling $159,000. Hold periods on shares issued on this tranche will expire on Sept 10, 2008. The Company expects to close a third tranche of this private placement within the next two weeks.
For further information we invite you to visit us at www.alixresources.com.
Alix is a junior mineral exploration company focused on acquiring potential world class properties in North America.