Mr. Warren Stanyer reports

ALX RESOURCES CORP. ANNOUNCES GRANT OF STOCK OPTIONS

ALX Resources Corp.'s board of directors has approved the allocation of 2.9 million incentive stock options to directors, officers, employees and consultants of the company. The options are exercisable at seven cents per share for a period of five years from issuance and are subject to the following vesting provisions: one-third of the options will vest in four months; one-third in eight months; and one-third vesting one year from the allocation date.

About ALX Resources Corp.

ALX Resources' mandate is to provide shareholders with multiple opportunities for discovery by exploring a portfolio of prospective mineral properties, which include nickel-copper-cobalt, gold and uranium. The company executes well-designed exploration programs using the latest technologies and holds over 200,000 hectares in Saskatchewan.