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File: AIX News 11-21-16 Closing NFT Financing.docx

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Suite 1240, 789 West Pender St. Vancouver, British Columbia Phone:  604-683-3995/ Toll Free: 888-945-4770/Fax:  604-68
--->3-3988

ALIX CLOSES NON-FLOW THROUGH PRIVATE PLACEMENT  
November 21st, 2016, Vancouver, BC, Canada - ALIX RESOURCES CORP. ("Alix" or the "Company") (AIX-TSX:V) (37N-FRANKFURT
--->) is pleased to announce that, further to its news release dated November 3rd, 2016, the Company has completed its non
--->-brokered non-flow through private placement of 4,000,000 units (the "Units") at a price of $0.06 per Unit for aggrega
--->te gross proceeds of $240,000 (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 $0.10 per Warrant Share unt
--->il November 21, 2018.
All securities issued pursuant to the closing of the NFT Units are subject to a hold period expiring on March 22, 2017
--->.
About Alix Resources:
Alix Resources is a junior mineral exploration company focused on seeking and acquiring lithium projects globally. Ali
--->x continues to evaluate suitable prospects that fit the mandate of the Company.  The Company now has active lithium pr
--->ojects in Quebec, Mexico and Ontario.

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.