Mr. Michael England reports

ALIX ACQUIRES CROSS LAKE LITHIUM PROPERTY, MANITOBA

Alix Resources Corp. has acquired a 100-per-cent interest in the Cross Lake lithium property located about 528 kilometres north of Winnipeg, Man.

The Cross Lake property comprises one mineral exploration licence (MEL 1050A) encompassing 5,040 hectares and is located about four kilometres southwest of the community of Cross Lake. The property covers the Cross Lake pegmatite field, including the Liz lithium prospect, located on Spodumene and Metis Islands in the southwestern corner of Cross Lake. The granitic pegmatites form an eight-kilometre-long, en echelon and lenticular swarm south of Cross Island dipping 45 degrees north.

The Cross Lake property was explored from the late 1970s to 1981 by the Tantalum Mining Corp. of Canada Ltd. (Tanco). The company discovered tantalum (Ta) and niobium (Nb) oxide mineralization in granitic pegmatites. Tanco was the operator of the Tanco mine, located at Bernic Lake, in southeastern Manitoba (now owned by Cabot Corp.), which was North America's largest producer of spodumene, tantalum and cesium.

In 1980 to 1981, Tanco drilled 23 diamond drill holes totalling 2,483 metres. Several holes intersected zones of spodumene mineralization (for instance, up to 40 per cent spodumene in hole No. 3 over a 1.3 m width). Moreover, 20 m thick spodumene-rich intersections in individual and/or multiple intervals were encountered. The core was analyzed only for tantalum and tin. The documented occurrences of spodumene showings and the geological database from Tanco's drilling campaign present a compelling target with a potential to discover and define new lithium resources.

President and chief executive officer Michael England commented: "We are pleased to add the Cross Lake property to Alix's expanding portfolio of lithium projects, with key spodumene (hardrock) projects now held in Quebec, Ontario and Manitoba. Furthermore, Lithium Australia NL is a funding partner in a joint venture with Alix to actively explore two concessions comprising 22,000 hectares, located north and south of Bacanora Minerals' Sonora developing-stage lithium project."

Cumulative terms of the deal call for Alix to issue 500,000 shares and a cash payment of $10,000 to two arm's-length vendors. There are no royalties retained on the property.

A finder's fee may 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, a qualified person as defined by National Instrument 43-101. The properties have not been the subject of a National Instrument 43-101 report.

The company is also exploring the Electra project in Sonora, Mexico, consisting of two strategically located concessions, contiguous to Bacanora Minerals' Sonora lithium project. The company's joint venture partner on the Electra project is global lithium developer Lithium Australia NL, which is developing the Sileach processing approach for recovering lithium from silicate minerals including spodumene and mica.

We seek Safe Harbor.