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Alix Resources has a portfolio of properties located in Alaska, Nunavut Territory, Arizona and Canada. Much of the Company's current focus is on its coal properties in Saskatchewan and Manitoba.

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Message: Alix Warrants

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Alix Warrants

posted on Oct 27, 09 09:15PM

ALIX RESOURCES CORP. ("AIX")
BULLETIN TYPE: Warrant Price Amendment
BULLETIN DATE: October 27, 2009
TSX Venture Tier 2 Company

TSX Venture Exchange has consented to the reduction in the exercise price
and the increase in the number of the following warrants:

Private Placement:

No. of Original Warrants: 837,220
No. of Additional Warrants: 837,220 (for a new total of
1,674,441)
Expiry Date of Warrants: March 3, 2010
Original Exercise Price of Warrants: 0.25
New Exercise Price of Warrants: 0.20

These warrants were issued pursuant to a private placement of 1,674,441
shares with 837,220 share purchase warrants attached, which was accepted for
filing by the Exchange effective September 10, 2008.