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Message: NR: Alix sells Yukon interest to Cloudbreak

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NR: Alix sells Yukon interest to Cloudbreak

posted on Jan 14, 10 08:46PM

ALIX SELLS YUKON INTEREST TO PARTNER ALIX RESOURCES CORP. (�Alix� or the �Company�) (AIX-TSX:V) (37N�FRANKFURT) announces, subject to regulatory approval, the Company has sold its 50 percent interest in the Mount Stewart Project located in the White Gold Area, Yukon to its 50% JV partner Cloudbreak Resources Ltd. (CDB-TSXV).

Cloudbreak will pay Alix $125,000 and issue 4 million common shares of the Company to acquire Alix Resources� 50 percent interest on the Mount Stewart Project (comprised of the BRC, Strike, Au and Lucky quartz claims). The complete mineral claim package totals 170 quartz claims and covers approximately 3,400 hectares.

The transaction is subject to TSX Venture approval.

Alix is currently reviewing new potential property acquisitions as well as assessing work programs for current properties in its portfolio. Alix Resources is a junior exploration company actively seeking mineral and energy opportunities for the benefit of all our stakeholders. For further information we invite you to visit us at www.alixresources.com.

ON BEHALF OF THE BOARD

Michael England, President FOR FURTHER INFORMATION PLEASE CONTACT: Telephone: 1-604-683-3995 Toll Free: 1-888-945-4770

Neither 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.

January 12, 2010, VANCOUVER, B.C. �