Alix Announces Terms of Windy Agreement
Suite 1220, 789 West Pender St. Vancouver, British Columbia Phone: 604-683-3995/ Toll Free: 888-945-4770/Fax: 604-683-3988
ALIX ANNOUNCES TERMS OF WINDY AGREEMENT
November 11th, 2013, VANCOUVER, B.C. – ALIX RESOURCES CORP. (“Alix” or the “Company”) (AIX-TSX:V) announces the following terms regarding the Windy acquisition dated November 7, 2013. Terms of the deal see Alix making cumulative cash payments totaling $80,000 plus issuing 4.5 million shares of the Company and incurring $800,000 in expenditures over a period of 4 years. A 2% NSR will be granted to the vendor with 1% purchasable for $1 million.
This deal is subject to TSX Venture approval.
ON BEHALF OF THE BOARD
Michael England, President
FOR FURTHER INFORMATION PLEASE CONTACT:
Telephone: 1-604-683-3995 Toll Free: 1-888-945-4770
Forward-Looking Statement:
Some statements in this news release contain forward-looking information that involves inherent risk and uncertainty affecting the business of Alix Resources Corp. Actual results may differ materially from those currently anticipated in such statements. 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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