http://www.stockhouse.com/news/press-releases/2017/01/31/alix-financing

Vancouver, British Columbia (FSCwire) – ALIX RESOURCES CORP. (“Alix” or the “Company”) (AIX-TSX:V) (37N–FRANKFURT) announces that it has arranged a non-brokered private placement of up to 5 million units (“Units”) at a price of $0.05 per Unit for aggregate gross proceeds of $250,000 (the “Offering”).  Each Unit will be comprised of one common share (“Share”) and one transferable Share purchase warrant of the Company (“Warrant”).  Each warrant entitles the holder to purchase an additional share at a price of $0.10 per share for a period of 24 months from the date of closing. Proceeds will be used for the Company’s short term payables and for general working capital.