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Coal: Saskatchewan; Gold: Arcadia, Nunavut Territory; Gold: Divide, Alaska; Copper/Gold: Kamishak, Alaska

Message: Alix files property option agreement

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Alix files property option agreement

posted on Oct 24, 09 07:32PM

TSX VENTURE COMPANIES

ALIX RESOURCES CORP. ("AIX")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: October 15, 2009
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing a Property Option Agreement
dated September 29, 2009 between the Company and Blair Naughty whereby the
Company has been granted an option to acquire seven claim blocks located
in the Stewart mining camp near Stewart, British Columbia. Consideration
is $22,500 (upon execution of the agreement), 2,000,000 common shares
(upon Exchange approval) and $225,000 in exploration expenditures in the
first year. The agreement is subject to a 3% NSR of which the Company may
purchase 1% in consideration of $1,000,000 subject to further Exchange
review and acceptance.

TSX-X

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