Mr. Michael England reports

ALIX CLOSES PRIVATE PLACEMENT

Alix Resources Corp. has completed its non-brokered private placement of 10,304,000 units at a price of five cents per unit for aggregate gross proceeds of $515,200. Each unit comprises one common share and one share purchase warrant of the company. Each warrant will entitle the holder to purchase one share at a price of 7.5 cents per warrant share until April 8, 2017. All securities issued pursuant to the closing of the non-flow-through units are subject to a hold period expiring on Aug. 9, 2016. The company paid cash commissions to the finders totalling $22,041.21, and issued 440,000 finders' warrants exercisable for 12 months at 7.5 cents.