Alix agreement for Money Rock property
2010-03-05 17:57 ET - Property Agreement
The TSX Venture Exchange has accepted for filing documentation in connection with an option agreement dated Feb. 9, 2010, between Alix Resources Corp. and David Wright and Associates whereby the company has been granted an option to acquire an undivided 100-per-cent interest in the Money Rock property that is located in the Pogo area of Goodpaster mining district in Alaska. The total consideration is $8,160 (U.S.) for reimbursement of 2010 annual rental payment, $210,000 payable over a six-year period and 180,000 common shares payable over a three-year period. The agreement is subject to a 2-per-cent net smelter return royalty that is payable to the vendor of which the company may buy back 1 per cent for $1-million subject to further exchange review and acceptance.
Alix agreement for Money Rock property
2010-03-08 18:23 ET - Property Agreement
The TSX Venture Exchange has accepted for filing documentation in connection with an option agreement dated Feb. 8, 2010, between Alix Resources Corp. and Beau T. Hansen whereby the company has been granted an option to acquire a 100-per-cent interest in and to the Money Rock property (part of the Money Rock claims) located in the Pogo area of the Goodpaster mining district in Alaska. Consideration is $2,720 (U.S.) for reimbursement of 2010 annual rental payment, $245,000 payable over a six-year period and a total of 280,000 common shares, of which 180,000 is payable in tranches over a three-year period and 100,000 common shares payable in the sixth year. The agreement is subject to a 2.5-per-cent net smelter return royalty that is payable to Mr. Hansen of which the company may purchase 1 per cent for $1-million subject to further exchange review and acceptance.
Alix agreement for Pivert/Rose property
2010-03-04 17:59 ET - Property Agreement
The TSX Venture Exchange has accepted for filing an agreement of sale dated Jan. 22, 2010, between Alix Resources Corp. and Ken Smith whereby the company has acquired five mineral interest applications known as the Pivert/Rose property located in the James Bay mining district of Quebec. The total consideration is $50,000 and two million common shares.
