Alix Announces Shares for Debt Settlement

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

ALIX ANNOUNCES SHARES FOR DEBT SETTLEMENT

June 2, 2016, Vancouver, BC, Canada – ALIX RESOURCES CORP. (“Alix” or the “Company”) (AIX-TSX:V) (37N–FRANKFURT) announces that it has settled a total of $100,000 of debt (the "Debt") with both arm’s length and non-arm’s length creditors to the Company (the "Debt Settlement"). The Company has settled the Debt by issuing an aggregate of 1,000,000 Shares at a deemed price of $0.10 per Share to the creditors.

The Offering and the Debt Settlement are subject to acceptance for filing by the TSX Venture Exchange.

ON BEHALF OF THE BOARD

“Michael England”

Michael England, President, CEO, Director

FOR FURTHER INFORMATION, PLEASE CONTACT:

Telephone: 1-604-683-3995 Toll Free: 1-888-945-4770

Neither the 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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