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File: AIX - News Release re Amending Agreement (final) Aug 14-12.docx
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Suite 1220, 789 West Pender St. Vancouver, British Columbia Phone: 604-683-3995/ Toll Free: 888-945-4770/Fax: 604-68
--->3-3988
ALIX AMENDS OPTION AGREEMENT ON POGO PROPERTY
August 14, 2012, VANCOUVER, B.C. - ALIX RESOURCES CORP. ("Alix" or the "Company") (AIX-TSX:V) (37N-FRANKFURT) is plea
--->sed to announce that it has successfully entered into an amending agreement with David Wright and Associates ("DW&A")
--->as of August 3, 2012 (the "Amending Agreement") to amend their original option agreement dated February 9, 2010 (the "
--->Original Agreement"), pursuant to which DW&A granted to Alix an option to acquire all of DW&A's interest (being an und
--->ivided 100% interest) in and to certain mineral claims known as the "Pogo Property" located in the Pogo area of the Go
--->odpaster Mining District in the State of Alaska.
Pursuant to the terms of the Amending Agreement, DW&A granted Alix a 90 day extension to fulfill its third anniversary
---> cash payment and share issuance commitments initially due on or before July 28, 2012. In consideration of the 90 day
---> extension Alix will issue to DW&A an additional 25,000 common shares in the capital of the Company ("Alix Shares") su
--->ch that on or before October 28, 2012 Alix will pay US $20,000, originally due on or before July 28, 2012, and issue 1
--->05,000 Alix Shares, originally 80,000 Alix Shares would have been issuable on or before July 28, 2012, to DW&A.
All other terms of the Original Agreement remain the same.
All transactions contemplated herein are subject to the approval of the TSX Venture Exchange.
Alix Resources Corp. is a junior exploration company actively seeking mineral opportunities for the benefit of all its
---> stakeholders. For further information we invite you to visit us at www.alixresources.com.
ON BEHALF OF THE BOARD
"Michael England"
Michael England, President
FOR FURTHER INFORMATION PLEASE CONTACT:
Telephone: 1-604-683-3995
Toll Free: 1-888-945-4770
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX
--->Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Statements made in this news release that are not historical facts are "forward-looking statements", and readers are c
--->autioned that any such statements are not guarantees of future performance, and that actual developments or results, m
--->ay vary materially from those in these "forward-looking" statements.
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