Home > Market Activity > Get Quotes > News > News Article

Alix Resources Corp.

Exchange: TSXV Exchange | Nov 23, 2017, 12:42 AM EST

AIX
$ 0.16 real time data Change Down
Change:
-0.025 (-13.51%)
Volume:
579,500
Real-time price
Day Low 0.16
Day High 0.185


 Back
,
Alix Announces Financing




Alix Announces Financing



Vancouver, British Columbia (FSCwire) - ALIX RESOURCES CORP. (“Alix” or the “Company”) (AIX-TSX:V) (37N2–FRANKFURT) announces the Company has arranged a non-brokered private placement of up to 25,000,000 units (the "Units") at a post-consolidation price of $0.11 per Unit for an aggregate gross proceeds of $2,750,000 (the "Offering").

 

Each Unit will consist of one post-consolidation common share and one post-consolidation common share purchase warrant, with each warrant entitling the holder thereof to acquire one post-consolidation common share at an exercise price of $0.20 per share for a period of 24 months. The Company may, in its sole discretion, pay finders' fees to agents of the Company. 

 

The proceeds raised will be used for general corporate purposes and for advancing the Company’s 100% owned Jackpot Lithium project located in the Georgia Lake area within the Thunder Bay Mining Division, Ontario.

 

About Alix Resources

 

Alix Resources is a junior mining exploration company focused 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, 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.



To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/Alix11082017.pdf

Source: Alix Resources Corp. (TSX Venture:AIX, FWB:37N)

To follow Alix Resources Corp. on your favorite social media platform or financial websites, please click on the icons below.


 

Maximum News Dissemination by FSCwire. http://www.fscwire.com

 

Copyright © 2017 Filing Services Canada Inc.





Copyright © QuoteMedia. Data delayed 15 minutes unless otherwise indicated. View delay times for all exchanges. Market Data powered by QuoteMedia. See the QuoteMedia Terms of Use.