Mr. Mike England reports

ALIX ANNOUNCES INCREASE IN ADDITIONAL FINANCING

Alix Resources Corp., further to its news release disseminated earlier today, has increased the additional non-brokered private placement from up to three million units at 15 cents per unit, to up to five million units at 15 cents per unit for amended gross proceeds of up to $750,000.

All other terms of the additional financing remain the same. Completion of the private placement is subject to the company receiving prior TSX Venture Exchange approval.

This new private placement financing will be in addition to the previously announced private placement of units (see the company's news release dated Nov. 8, 2017).

The company may, in its sole discretion, pay finders' fees to agents of the company.

The proceeds raised will be used for general corporate purposes and for advancing the company's 100-per-cent-owned Jackpot lithium project, located in the Georgia Lake area within the Thunder Bay mining division, Ontario.

About Alix Resources Corp.

Alix Resources is a junior mining exploration company focused on seeking and acquiring world-class lithium projects globally. Alix continues to evaluate suitable prospects that fit the mandate of the company.