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Alix Resources Corp.

03:54 PM EST - Alix Resources Corp. : announced acquisition of lode quartz mineral claims adjacent to the White Gold Property held by Underworld Resources Inc. located in the Yukon. The Alix Claims are tagged directly to the east of the Underworld. Cathy 150 and Cathy 148 quartz mineral claims and approximately four kilometres from Underworlds recently announced discovery of 103 metres of 3.4 grams per ton (g/t) gold. Alix will continue to seek additional claims in the area. Alix is also considering its options with regards to the previously announced private placement. Alix will pay the vendor, Blair Naughty, $75,000 in cash, 700,000 shares of Alix plus a three-per-cent NSR with an option to buy back one per cent for $1 million. The company also agrees to spend $250,000 over the next 12 months as a work commitment. Alix Resources Corp. shares V.AIX are trading up $0.025 at $0.09.