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File: AIX - News release (Core One) July 22-14.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 ANNOUNCES DEBT SETTLEMENT
July 22nd, 2014, VANCOUVER, B.C. - ALIX RESOURCES CORP. ("Alix" or the "Company") (AIX-TSX:V) (37N-FRANKFURT) announce
--->s that it has reached a settlement agreement with Core One Drilling Inc. ("Core One") with respect to indebtedness owi
--->ng by the Company to Core One for past services rendered. 
In settlement of such debt, the Company will, among other things, pay Core One US $15,000 in cash and issue 5.4 millio
--->n common shares.  The shares will be subject to a four month hold period commencing from issuance.  If, after the four
---> month hold period has expired and up to a maximum of six months from issuance, Core One sells the shares and does not
---> receive an average price of $0.025 per share, the Company will be obligated to pay Core One the difference in amount 
--->between the sale price of such shares and $0.025 per share.  Issuance of the shares remains subject to the Company rec
--->eiving all necessary prior approvals from the TSX Venture Exchange.

Alix Resources is a junior exploration company actively seeking mineral opportunities for the benefit of all our stake
--->holders. For further information we invite you to visit us at www.alixresources.com.

ON BEHALF OF THE BOARD
     
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.