Alix Joint Ventures Cougar

Suite 1220, 789 West Pender St. Vancouver, British Columbia Phone: 604-683-3995/ Toll Free: 888-945-4770/Fax: 604-683-3988

ALIX JOINT VENTURES COUGAR

December 9, 2010, VANCOUVER, B.C. – ALIX RESOURCES CORP. (“Alix” or the “Company”) (AIX-TSX:V) (37N–FRANKFURT) announces it has signed an agreement with Bolero Resources Corp. (BRU-TSXV) by which Bolero has an option to acquire up to an 80% interest in 5 mineral claims (the Cougar Property) covering approximately 2,100 hectares of ground located 80 km northeast of Prince George, British Columbia. Cumulative terms of the deal are for Bolero to pay $20,000 cash and issue 200,000 common shares of Bolero. Bolero will also be granted a first right of refusal on the additional 20% held by Alix.

This agreement is subject to TSX Venture Exchange approval.

Alix Resources is a junior exploration company actively seeking mineral opportunities for the benefit of all its 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.

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