Alix Announces Loan Agreements

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

ALIX ANNOUNCES LOAN AGREEMENTS

February 27, 2014, VANCOUVER, B.C. – ALIX RESOURCES CORP. (“Alix” or the “Company”) (AIX-TSX:V)(37N – FRANKFURT) announces that it has entered into a loan agreement (the "Agreement") with an arm's length lender (the “Lender”) to borrow $120,000 (the “Loan”). The Loan bears an interest rate of 10% per annum, calculated semi-monthly and is due and payable on or before September 30, 2014.

Pursuant to the Agreement, and as additional consideration for the Loan, the Company will issue 440,000 common shares (the "Shares") in the capital of the Company to the Lender at a deemed value of $0.05 per Share. The Shares will be subject to a four month hold period.

The proceeds of the loan will be used for general working capital.

The Agreement and the transaction contemplated therein are subject to the approval of the TSX Venture Exchange.

Alix further announces that, effective immediately, Mr. John Master’s will replace Dave Cross as the Chief Financial Officer of the Company.

Mr. Masters has been a business administration consultant since 2007, and has held numerous positions with various mining issuers over the years.

The Company is fortunate to have Mr. Cross continue to work with the Company.

Alix has also granted a total of up to 1,000,000 stock options to consultants of the company, exercisable at a price of $0.05 per share for a period of five years from the date of grant.

The options have been granted in accordance with the company's stock option plan.

Alix Resources 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, 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.