Alix reduces financing price to five cents per shaAlix reduces financing price to five cents per share
2009-12-23 14:37 ET - News Release
Mr. Mike England reports
ALIX REDUCES FLOW THROUGH FINANCING PRICE
AlixResources Corp. is reducing the price of its non-brokered, flow-throughprivate placement (previously reported in Stockwatch on Nov. 24, 2009)from six cents to five cents. The 10 million units will now providegross proceeds of $500,000. All other terms remain the same.The proceeds from the private placement will be used for work programsin the Yukon and British Columbia, and are subject to acceptance forfiling by the TSX Venture Exchange.A finder's fee will be payable on the private placement in accordancewith the policies of the TSX-V. The private placement is subject toTSX-V acceptance.