Alix Resources Corp.

TSX VENTURE : AIX
FRANKFURT : 37N


Alix Resources Corp.

December 27, 2012 09:54 ET

Alix Options Homestake (Arizona)-Santa Maria Gold Property, Yavapai County, Arizona

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 27, 2012) - ALIX RESOURCES CORP. ("Alix" or the "Company") (TSX VENTURE:AIX)(FRANKFURT:37N) is pleased to announce it has signed an LOI to acquire the 220 acre Homestake (Arizona) - Santa Maria lode gold property located in Yavapai County, Arizona. This prospective property adjoins the previously announced (see PR dated November 5, 2012) Golden Granite acquisition and is located about 112 kilometers (70 miles) northwest from Phoenix along highway 93.

To acquire a 100% interest in the property the Alix will make cumulative cash payments of $557,500 and issue 550,000 shares of the Company over a five year period. The vendor will retain a 2% NSR of which 1% can be purchased back for $1,000,000. This transaction is subject to TSX Venture Exchange approval.

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

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.

Contact Information

  • Alix Resources Corp.
    Michael England
    President
    1-604-683-3995 or Toll Free: 1-888-945-4770
    www.alixresources.com