x to pay Ridge for Windy work in bitcoins 2013-11-12 08:28 ET - News Release Mr. Michael England reports ALIX ANNOUNCES INITIAL BITCOIN MINING EXPLORATION TRANSACTION / IMPLEMENTATION OF BITCOIN EXCHANGE Alix Resources Corp. has entered into an innovative and creative service plan with Ridge Resources Ltd. for upcoming exploratory work on its Windy property, located 15 kilometres north of Cassiar, B.C. (see news release, Nov. 7, 2013). Pursuant to the plan, Alix will pay Ridge for its services in bitcoins and will continue to explore this avenue for financing future endeavours with other service providers. To explore this model of payment more fully with its other service providers, Alix has also entered into an agreement with a private software vendor to license a bitcoin exchange to be administered by Alix. Management anticipates that the exchange will be launched in early January, 2014. President and chief executive officer Michael England states: "The growth of popularity in the bitcoin space as an alternate method of payment has led Alix to step into this very exciting market. This transaction is the first of its kind within the Canadian junior mining sector and positions Alix as a participant at an early stage in the global bitcoin marketplace." We seek Safe Harbor. © 2013 Canjex Publishing Ltd. All rights reserved. |