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ILI.V ·

Warrant Amendment

Share Capital & Compensation

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

WARRANT AMENDMENT

April 3, 2013, VANCOUVER, B.C. – ALIX RESOURCES CORP. (“Alix” or the “Company”) (AIX- TSX:V) (37N–FRANKFURT) announces that its Board of Directors has determined that it is in the best interests of the Company to amend the term and the exercise price of the common share purchase warrants (the “Warrants”) issued on April 21, 2011. Accordingly, subject to the TSX Venture Exchange (the “TSXV”) acceptance, the exercise price of the outstanding Warrants entitling the holders to purchase a total of 6,900,000 common shares (the “Shares”) has been reduced from $0.35 per Share to $0.10 per Share and the term of the Warrants be extended to April 21, 2014

If, however, at any time the closing price of the Company's Shares on the TSXV over any period of 10 consecutive trading days exceeds $0.125, the amended Warrants will expire early, namely, on the date which is 37 calendar days following such 10-day trading period.

Alix Resources Corp. 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”

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.