Alix Announces Closing of Private Placement

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

ALIX ANNOUNCES CLOSING OF PRIVATE PLACEMENT

February 12, 2010, VANCOUVER, B.C. – ALIX RESOURCES CORP. (“Alix” or the “Company”) (AIX-TSX:V)(37N – FRANKFURT) is pleased to announce the closing of the first tranche of its private placement (the "Private Placement") disclosed in a news release dated January 26, 2010. Pursuant to the Private Placement, the Company issued 4,825,000 units (the "Units") at a price of $0.05 per Unit for gross proceeds of $241,250. Each Unit is comprised of one common share (a "Share") of the Company and one common share purchase warrant (a "Warrant"). Each Warrant will entitle the holder to purchase one Share of the Company at a price of $0.10 per Share for a period of two years from the date of issuance.

Finders fees consisting of 447,500 broker warrants (the "Broker Warrants") and $22,375 in cash were paid in accordance with the policies of the TSX Venture Exchange. Each Broker Warrant will entitle the holder to purchase one Share of the Company at a price of $0.10 per Share for a period of two years from the date of issuance.

All securities issued pursuant to the private placement are subject to a hold period expiring on June 9, 2010.

Alix Resources is a junior exploration company actively seeking mineral and energy opportunities for the benefit of all our stakeholders. For further information we invite you to visit us at www.alixresources.com.

ON BEHALF OF THE BOARD

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.

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