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File: AIX - News release re closing (1st Tranche) June 29-15.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 CLOSING OF FIRST TRANCHE OF PRIVATE PLACEMENT OFFERING
June 29, 2015, VANCOUVER, B.C. - ALIX RESOURCES CORP. ("Alix" or the "Company") (AIX-TSX:V) (37N-FRANKFURT) is pleased
---> to announce that further to its news releases dated April 16 & 28, 2015 and May 26, 2015, it has completed the first
--->tranche of a non-brokered private placement of 15 million units at a price of $0.05 per unit for gross proceeds of $75
--->0,000 (the "Offering").
Each unit consists of one common share (the "Shares") 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 $0.06 per Share for the 60 months from the date
--->of issuance.
Gross proceeds of the first tranche were $523,000.
The Company paid a cash commission to the finders totaling $25,900 and issued 518,000 finders warrants exercisable for
---> 12 months at $0.05.
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 October 30, 2015.
The TSX Venture Exchange has conditionally accepted the private placement and has granted an extension from the origin
--->al announced closing date of June 29, 2015 to July 15, 2015.
The proceeds raised will be used for general working capital.
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.
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