Alix Sells Golden Zone Interest
Suite 1220, 789 West Pender St. Vancouver, British Columbia Phone: 604-683-3995/ Toll Free: 888-945-4770/Fax: 604-683-3988
ALIX SELLS GOLDEN ZONE INTEREST
January 22, 2014, VANCOUVER, B.C. – ALIX RESOURCES CORP. (“Alix” or the “Company”) (AIX-TSX:V) (37N–FRANKFURT) announces it has entered into an agreement to sell its 51% interest in the Golden Zone property, Alaska. The arms-length transaction with Chulitna Mining Company LLC ("Chulitna") calls for Chulitna to assume all outstanding past and present obligations incurred by Alix related to the Golden Zone project. Additionally, a cash payment of $200,000 will be made to Alix upon Chulitna successfully negotiating an assignment of their interest in the property prior to December 31, 2016. Should an assignment not take place by this date the property interest will revert back to Alix free of encumbrances. This sale will allow the Company to have a more directed focus on the recently acquired Windy tungsten project located in BC.
Alix is currently assessing numerous projects in the tungsten sector and looks forward to announcing transactions as they occur.
The Company further announces it has determined to not proceed with its bitcoin initiatives.
Alix Resources Corp. 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, President
FOR FURTHER INFORMATION PLEASE CONTACT:
Telephone: 1-604-683-3995 Toll Free: 1-888-945-4770
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Statements made in this news release that are not historical facts are "forward-looking statements", and readers are cautioned that any such statements are not guarantees of future performance, and that actual developments or results, may vary materially from those in these "forward-looking" statements.