Mr. Warren Stanyer reports

ALX URANIUM CORP. ANNOUNCES RESULTS OF DRILLING PROGRAM AT GORILLA LAKE PROPERTY, ATHABASCA BASIN, SASKATCHEWAN

ALX Uranium Corp. has provided the results of a diamond drilling program at the Gorilla Lake property in the western Athabasca basin, Saskatchewan. The drilling program consisted of four holes totalling 1,116 metres and was carried out in March, 2017.

Three holes (GL17-001 to GL17-003) were drilled in the northern portion of the property to follow up on basement-hosted uranium mineralization that was previously intersected in historical holes CLU-01 (0.46 per cent triuranium octoxide over 1.5 metres) and CLU-07 (0.17 per cent U3O8 over 7.0 metres) drilled in 2006. The historical uranium mineralization was associated with numerous conductors, as defined by airborne and ground electromagnetic surveys, and was coincident with a distinct northeast-trending gravity low highlighted from a ground gravity survey conducted in the winter of 2016. In addition, one hole (GL17-004) tested an airborne electromagnetic anomaly approximately 1,500 metres south of Gorilla Lake coincident within a distinct northeast-southwest-striking gravity low. Three of the 2017 drill holes showed narrow intervals containing anomalous values of uranium and other pathfinder elements as well as elevated radioactivity. Geochemical results are shown in the attached table.

                               GORILLA LAKE 2017 GEOCHEMICAL RESULTS

                                                                                     Maximum
           Total                       Sample                                       downhole
Hole       depth             From/to     int.      U      Ni    Cu     Co     Zn         R/A
No.           (m)                 (m)      (m)  (ppm)   (ppm) (ppm)  (ppm)  (ppm)       (cps)   Host rock

GL17-001   261.0    183.35 to 183.55     0.20    133     41      1     12     65       1,457    Graphitic pelitic gneiss
GL17-002   261.0    138.10 to 138.64     0.54    156     39    178     24     47       2,091    Graphitic pelitic gneiss
GL17-003   291.0    No significant results        
GL17-004   291.0      71.78 to 72.00     0.22    117     24     17     10     83       2,043    Altered migmatite       
                      72.00 to 72.24     0.24    127     25     13      8     78       2,043    Altered migmatite       

To view a map of the 2017 Gorilla Lake drill target areas, please visit the ALX website.

About Gorilla Lake

The Gorilla Lake property consists of two contiguous mineral claims totalling 7,552 hectares (18,661 acres) within the Carswell impact structure in the western portion of the Athabasca basin, Northern Saskatchewan. Geology of the Cluff Lake area can be reversed in comparison with other areas of the Athabasca basin, for example, basement rocks are found overlying sandstone, due to the effects of an interpreted meteor impact on the local geology.

The property is held 80 per cent by ALX with Logan Resources Ltd. having a 20-per-cent carried interest. ALX is the operator of the property.

Gorilla Lake is one of ALX's Cluff Lake group of three contiguous properties adjoining the former Cluff Lake mine site, where over 62 million pounds of U3O8 were extracted during a 22-year operating life through a combination of three open-pit mines and four underground mines by predecessor companies of Areva Resources Canada Inc.

National Instrument 43-101 disclosure

All drill holes were surveyed with a Mount Sopris 2PGA radiometric gamma probe. Core samples for geochemistry were collected systematically through all drill holes. Samples were shipped in sealed containers and submitted to the laboratories of the Saskatchewan Research Council in Saskatoon, Sask., an ISO/IEC 17025:2005 (CAAN-P-4E) certified laboratory, for geochemical analysis using the uranium ICP package. This analytical package is the preferred analytical technique for uranium exploration in the Athabasca basin. The technical information in this news release has been reviewed and approved by Sierd Eriks, PGeo, president and chief executive officer of the company, who is a qualified person in accordance with the Canadian regulatory requirements set out in National Instrument 43-101.

About ALX Uranium Corp.

ALX is a junior uranium exploration company formed in 2015 as the result of a business combination between Lakeland Resources Inc. and Alpha Exploration Inc. ALX is based in Vancouver, B.C., Canada, and its common shares are listed on the TSX Venture Exchange under the symbol AL, on the Frankfurt Stock Exchange under the symbol 6LLN and in the United States OTC under the symbol ALXEF. ALX is actively exploring a portfolio of prospective properties in the Athabasca basin, totalling over 140,000 hectares. Technical reports are available on SEDAR for several of the company's active properties.

We seek Safe Harbor.