Alix and Lithium Australia Sign Proposal for Joint Development of Lithium Extraction Technology

VANCOUVER, BRITISH COLUMBIA–(Marketwired – Nov. 11, 2015) – ALIX RESOURCES CORP. (“Alix” or the “Company”) (TSX VENTURE:AIX) (FRANKFURT:37N) is pleased to announce it has executed a memorandum of understanding with global lithium developer Lithium Australia NL (“LIT“) (ASX:LIT), whereby it is anticipated the two companies will work jointly to develop certain technologies pertaining to commercially viable lithium extraction solutions as well as progress Alix’s newly acquired lithium concessions (the Electra project) located in Sonora, Mexico.

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