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File: AIX News 04-11-16 Closing Financing.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 CLOSES PRIVATE PLACEMENT  
April 11th, 2016, Vancouver, BC, Canada - ALIX RESOURCES CORP. ("Alix" or the "Company") (AIX-TSX:V) (37N-FRANKFURT) i
--->s pleased to announce that, further to its news releases dated February 10th, 2016 and March 30, 2016, the Company has
---> completed its non-brokered private placement of 10,304,000 units (the "NFT Units") at a price of $0.05 per Unit for a
--->n aggregate gross proceeds of $515,200 (the "Offering"). 
Each Unit is comprised of one common share (a "Share") and one Share purchase warrant (a "Warrant") of the Company. Ea
--->ch Warrant will entitle the holder to purchase one Share (a "Warrant Share") at a price of $0.075 per Warrant Share un
--->til April 8, 2017.
All securities issued pursuant to the closing of the NFT Units are subject to a hold period expiring on August 9, 2016
--->.
The Company paid cash commissions to the finders totaling $22,041.21 and issued 440,000 finders warrants exercisable f
--->or 12 months at $0.075.
Alix Resources is a junior mining exploration company focussed on seeking and acquiring world class lithium projects g
--->lobally. The Electra lithium project located in Sonora, Mexico which adjoins, and is on trend with, the Sonora lithium
---> project being developed by Bacanora Minerals Ltd(TSXV:BCN) is the flagship property. Alix continues to evaluate suita
--->ble prospects that fit the mandate of the Company.

ON BEHALF OF THE BOARD 

"Michael England"
  
Michael England, President, CEO, Director

FOR FURTHER INFORMATION, PLEASE CONTACT: 
Telephone: 1-604-683-3995 
Toll Free: 1-888-945-4770 

Neither the 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.