Mr. Mike England reports

ACQUISITION OF FOUR LITHIUM PROJECTS IN THE PREISSAC-LACORNE COMPLEX OF THE ABITIBI GREENSTONE BELT, QUEBEC

Alix Resources Corp. has acquired a portfolio of lithium properties in the Preissac-Lacorne plutonic complex of the Abitibi greenstone belt, province of Quebec, from arm's-length vendors. The Preissac-Lacorne lithium portfolio consists of claim groups situated within the La Motte, La Corne, Preissac, Figuery and Landrienne townships. The four properties, containing numerous showings mineralized in lithium (spodumene) plus or minus tantalum (tantalite) plus or minus beryllium (beryl), have been investigated sporadically by junior mining companies with various geophysical, geochemical and geological tools from the early 1950s until the present day.

The acquisition is composed of 145 claims covering 6,292 hectares and contains numerous lithium spodumene-bearing granitic pegmatite occurrences, showings and prospects of historic significance, explored by leading lithium exploration companies during the early lithium boom of the 1950s to 1960s such as: American Lithium Corp., International Lithium Mining Corp., Duval Lithium, QLC (formerly Lithium Exploration Co. Ltd.) and Quebec Lithium.

The core of the claim group is located 40 kilometres northeast of the mining town of Val d'Or. The recorded mineral claims extend 30 km east-west by 15 km north-south. The properties are accessible by a network of paved roads connecting to the main 117 Highway linking Val d'Or to Rouyn-Noranda. The region holds several precious and base metals mines and possesses all the infrastructures and work force necessary to support a mining operation.

Highlights of properties comprising the Preissac-Lacorne lithium project

• The International lithium property is located in the Figuery township (NTS 32D08). Mineralization consists of spodumene-rich subhorizontal, irregular dikes. Drilling carried out by International Lithium Corp. in the 1950s, delineated a 3.7-metre-thick, 119 by 104 m area providing a historical resource estimate of 135,000 tonnes at 0.95 weight per cent lithium oxide (Li2O) (source: RP 446; Merq).*
• The La Motte lithium property is located in the La Motte township (NTS 32D08). Granitic pegmatites dikes, 0.60 to 1.20 m thick, reveal 15 to 30 per cent spodumene accompanied by beryl. Diamond drilling generated key assays of 1.65 weight per cent Li2O on one m and 1.12 weight per cent Li2O on 1.32 m, respectively (source: GM 03089; Merq).
• The Duval lithium property is also situated in the La Motte township (NTS 32D8). The mineralization is contained within two granitic pegmatite dikes (182 to 259 m long by two to three m thick), rich in spodumene (Li) with accessory tantalite (Ta) and Beryl (Be). The dikes were investigated by 27 diamond drill holes by Ascot Metals in 1955. Dike No. 1 yielded Li2O assays of 1.45 weight per cent Li2O (n equals 15), whereas, dike No. 2 produced 0.57 per cent Li2O (n equals 4). Historical resource estimates were 75,000 t at 1.45 weight per cent Li2O (source: RG160; Merq).*
• The West Canada lithium property (WCL) is contiguous to the western boundary of RB Energy's Canada lithium mine property located in the La Corne township (NTS 32C05). RB Energy's Quebec lithium mine reported measured and indicated resources of 29.3 million tonnes grading 1.19 per cent Li2O and 20.9 million tonnes of inferred resources grading 1.15 per cent Li2O, respectively (source: National Instrument 43-101 technical report filed by Canada Lithium on SEDAR June 8, 2011).

Mike England, president and chief executive officer of Alix Resources, commented, "With the acquisition of a substantial group of claims in the Preissac-Lacorne area of Quebec, one of the world's most productive terranes for Li plus or minus Ta plus or minus Be mineralization, Alix has added considerably to its portfolio of lithium-bearing properties."

Cumulative terms of the deal call for Alix to issue five million shares over six months plus a one-time cash payment of $10,000. In addition a 1.0-per-cent net smelter return (NSR) will be granted to the vendors with the company able to purchase back 0.5 per cent for $500,000.

A finder's fee will be payable on this transaction. This transaction is subject to TSX Venture Exchange approval.

The technical contents of this release were approved by Dr. Michel Boily, PhD, PGeo, an independent qualified person as defined by National Instrument 43-101. The properties have not been the subject of a National Instrument 43-101 report.

Notes

* The estimates presented above are treated as historic information and have not been verified or relied upon for economic evaluation by the company. These historical mineral resources do not refer to any category of sections 1.2 and 1.3 of NI 43-101 such as mineral resources or mineral reserves as stated in the 2010 Canadian Institute of Mining, Metallurgy and Petroleum definition standards on mineral resources and mineral reserves. The explanation lies in the inability by the company to verify the data acquired by the various historical drilling campaigns. The company has not done sufficient work yet to classify the historical estimates as current mineral resources or mineral reserves.

We seek Safe Harbor.