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22:41:16 EST Mon 22 Dec 2014
Enter Symbol
or Name
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Alix Resources Corp (2)
Symbol C : AIX
Shares Issued 37,181,636
Close 2013-01-25 C$ 0.05
Recent Sedar Documents

Alix Resources closes $219,500 private placement

2013-01-25 19:44 ET - News Release

Mr. Michael England reports

ALIX FINANCING

Alix Resources Corp., further to its news release dated Jan. 9, 2013, has completed a non-brokered private placement of 4.39 million units at a price of five cents per unit for gross proceeds of $219,500. Each unit consists of one common share and one share purchase warrant of the company. Each warrant will entitle the holder to acquire one share of the company at a price of eight cents per share for the first 12 months and 10 cents per share for the following 12 months from the date of issuance.

The company paid a cash commission to the finder totalling $3,000.

The shares and warrants issued pursuant to the private placement and any shares issued on exercise of the warrants are subject to four-month resale restriction that expires on May 26, 2013.

The proceeds raised will be used for general working capital.

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