Alix Announces Private Placement Warrant Amendment

2408074.1

Suite 1240, 789 West Pender St. Vancouver, British Columbia

Phone: 604-683-3995/ Toll Free: 888-945-4770/Fax: 604-683-3988

ALIX ANNOUNCES PRIVATE PLACEMENT WARRANT AMENDMENT

November 15th, 2017 , Vancouver, BC, Canada – ALIX RESOURCES CORP. (“Alix” or the

“Company”) (AIX-TSX:V) (37N –FRANKFURT) announces that further to its news release of

November 8 th, 2017 the post-consolidation common share purchase warrant s included in the non -

brokered private placement will entitle the holder to acquire one post -consolidation common share at

an exercise price of $0.20 per share for a period of 36 months, extended from the previously announced

term of 24 months. All other terms of the private placement remain unchanged.

The private placement is subject to the acceptance of the TSX Venture Exchange.

Alix Resources is a junior mining exploration company focussed on seeking and acquiring world class

lithium projects globally. Alix continues to evaluate suitable prospects that fit the mandate of the

Company.

ON BEHALF OF THE BOARD

“Michael England”

Michael England, President & 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.

FORWARD LOOKING STATEMENTS: This news release contains forward -looking statements, which relate to future events or

future performance and reflect management’s current expectations and assumptions. Such forward -looking statements reflect

management’s current beliefs and are based on assumptions made by and information currently available to the Company. Investors

are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncerta inties

that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof

and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revi se them

to reflect new events or cir cumstances. All of the forward -looking statements made in this press release are qualified by these

cautionary statements and by those made in our filings with SEDAR in Canada (available at www.sedar.com).