Alix Announces Increase in Financing

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

ALIX ANNOUNCES INCREASE IN FINANCING

September 3, 2010, VANCOUVER, B.C. – ALIX RESOURCES CORP. (“Alix” or the “Company”) (AIX-TSX:V) (37N–FRANKFURT) announces that the non-brokered private placement announced on August 31, 2010 has been over-subscribed and is therefore being increased to up to 7 million units at a price of $0.13 per unit for gross proceeds of up to $910,000.

Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase an additional share at a price of $0.20 per share for 24 months. The warrants issued with the units sold will be subject to an acceleration provision. After four months have elapsed from closing, if Alix’s shares trade above $0.40 for 20 consecutive trading days, the Company has the option to provide notice to the warrant holders that their warrants will expire if they are not exercised within 30 days.

The proceeds from the private placement will be used for general working capital and potential acquisitions.

Finder's fees may be payable on the private placement.

The private placement is subject to the acceptance for filing of the TSX Venture Exchange.

Alix Resources is a junior exploration company actively seeking mineral and energy 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, 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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