ALIX RESOURCES CORP. ("AIX")
BULLETIN TYPE: Private Placement-Non-Brokered, Brokered
BULLETIN DATE: October 23, 2009
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect
to the first tranche of a Brokered and Non-Brokered Private Placement
announced September 28, 2009:

Number of Shares: 6,265,000 shares

Purchase Price: $0.06 per share

Warrants: 6,265,000 share purchase warrants to
purchase 6,265,000 shares

Warrant Exercise Price: $0.08 for a one year period

$0.10 in the second year

Number of Placees: 37 placees

Insider / Pro Group Participation:

Insider equals Y /
Name ProGroup equals P / # of Shares

Greg Amor Y 100,000
Roberto Chu P 100,000
Kerry Chow P 300,000
David L. Hamilton - Smith P 100,000

Finder's Fee: Canaccord Capital Corporation - $11,100
and 185,000 Broker Warrants that are
exercisable into common shares at $0.08
per share in the first year and at $0.10
per share in the second year.

PI Financial Corp. - $18,000 and 300,000
Broker Warrants that are exercisable into
common shares at $0.08 per share in the
first year and at $0.10 per share in the
second year.

Alex Kuznecov - 35,000 Agent's Warrants
that are exercisable into common shares at
$0.08 in the first year and at $0.10 per
share in the second year.

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company
must issue a news release announcing the closing of the private
placement and setting out the expiry dates of the hold period(s). The
Company must also issue a news release if the private placement does
not close promptly. Note that in certain circumstances the Exchange may
later extend the expiry date of the warrants, if they are less than the
maximum permitted term.

TSX-X