Alix Resources Corp.

Published : June 13th, 2008

And Geo Minerals buys potash rights in Saskatchewan

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Contact Financial
Phone: (604)689-7422
Fax: (604)689-7442
Email: info@contactfinancial.com
Web: www.contactfinancial.com


ALIX RESOURCES CORP



ALIX RESOURCES CORP AND GEO MINERALS LTD. ACQUIRE POTASH RIGHTS

INCLUDING LAND BORDERING POTASH NORTH RESOURCE CORP.

AIX: TSX-V

June 13th, 2008

June 13th, 2008, VANCOUVER, B.C. - ALIX RESOURCES CORP. ("Alix" or the "Company") (AIX-TSX:V)(37N - FRANKFURT) and GEO MINERALS LTD. ("Geo")(GM-TSX:V) have signed an agreement with General Resources Inc, a private Saskatchewan company, to obtain the exclusive potash rights to a total of 84 assorted locations of freehold minerals in highly prospective potash areas of Saskatchewan. These properties total approximately 14,000 acres.

Included in this package are approximately 4,200 acres of land located 20 kilometers west of the town of Esterhazy, and approximately 25 kilometers west of the operating Esterhazy K1 and K2 underground potash mines owned by Mosaic Potash Esterhazy.
 
Also included are 640 acres in Manitoba along the border of Potash North Resource Corp (PON-TSX: V) and located approximately 20 kilometers north-east of Potash Corporation (POT - TSX) of Saskatchewan's Bredenbury potential Greenfield Potash Mine.

President Mike England states "We are delighted that we have been able to assemble this exceptional package of properties as part of our stated objective of creating value for all of our stakeholders. We will be providing more details, including maps and any historical data, as we obtain them."

Alix and Geo are now approaching neighboring stake holders to assemble larger land packages. In addition, the companies will be researching the database of historic drilling maintained by the Saskatchewan government and other agencies to gather any historical data available with respect to the lands contained in this agreement.

Deal terms:

A combined total of 600,000 common shares, $100,000, 60,000 warrants are payable over the two year term, evenly divided by both Geo and Alix. A 5% royalty has been granted to the vendor as well.

A finders fee will be payable in accordance with the rules of the TSX Venture Exhange.

This transaction is subject to TSX Venture Exchange approval.

For further information we invite you to visit us at www.alixresources.com.

Alix is a junior mineral exploration company focused on acquiring and developing potential world-class properties in North America.

ON BEHALF OF THE BOARD
Signed "Michael England"                                             
Michael England, President

FOR FURTHER INFORMATION PLEASE CONTACT:
Telephone: 1-604-683-3995 - Toll Free: 1-888-945-4770
Facsimile: 1-604-683-3988

 


 

The TSX Venture Exchange has not reviewed nor does it accept responsibility for the adequacy or accuracy of this press release.

 

Alix Resources Corp.

EXPLORATION STAGE
CODE : AIX.V
ISIN : CA01642R2019
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Alix Res. is a exploration company based in Canada.

Its main exploration properties are DIVIDE and KAMISHAK in USA and WHITE GOLD, RED DEER LAKE, SASKASHEWAN and ARCADIA in Canada.

Alix Res. is listed in Canada. Its market capitalisation is CA$ 19.5 millions as of today (US$ 15.3 millions, € 13.0 millions).

Its stock quote reached its highest recent level on March 11, 2011 at CA$ 3.00, and its lowest recent point on October 27, 2017 at CA$ 0.03.

Alix Res. has 72 170 000 shares outstanding.

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Financings of Alix Resources Corp.
4/27/2011Announces Closing of Over-Subscribed Private Placement
Project news of Alix Resources Corp.
7/20/2011CARIBOU AND ALIX INCREASE LAND POSITION AROUND WELLGREEN PRO...
5/29/2008(Arcadia) to Begin Drilling at Arcadia Property
Corporate news of Alix Resources Corp.
7/28/2016INITIAL SAMPLE RESULTS ON THE PREISSAC - LA CORNE PROPERTIES...
7/6/2016ALIX COMPLETES SAMPLING PROGRAM ON NEWLY ACQUIRED LITHIUM PR...
7/5/2016ALIX APPOINTS DR. MICHEL BOILY TO ITS BOARD OF DIRECTORS
6/30/2016ALIX IDENTIFIES LITHIUM-BEARING, CLAY-RICH SEDIMENATRY ASSEM...
6/9/2016ALIX TO COMMENCE SAMPLING PROGRAM ON NEWLY ACQUIRED LITHIUM ...
6/5/2016Test News Release
5/18/2016Call on partly paid shares LITCC
4/21/2016ALIX SET OPTIONS
4/15/2016ALIX CLOSES PRIVATE PLACEMENT
4/15/2016ALIX ACQUIRES FISH LAKE LITHIUM BRINE PROPERTY
1/22/2016ALIX APPOINTS DR. MICHEL BOILY TO ADVISORY BOARD
11/4/2015Alix to Commence Work on Newly Acquired Project Adjoining Ba...
11/4/2015ALIX ACQUIRES 22,625 HECTARES ADJOINING BACANORA'S "SONORA L...
10/28/2015Alix Acquires 22,625 Hectares Adjoining Bacanora's "Sonora L...
7/8/2015MOVES-AlixPartners appoints Kathryn Koorenny general counsel
10/6/2014Alix Encounters Promising Gold and Copper Values at Sheslay ...
10/22/2013Locates Operating Mill for Testing Bulk Samples From Its San...
3/20/2013High Grade Golden Granite Project Moving Forward
2/19/2013Reports Positive Assays for First Phase of Sampling at Golde...
1/29/2013Completes First Phase of Sampling and Mapping at Golden Gran...
1/16/2013Signs Definitive Agreement for Santa Maria Mine, Site Visit ...
1/8/2013Stakes Additional Land at Golden Granite, Yavapai County, Ar...
11/5/2012Acquires Golden Granite Gold Property, Yavapai County, Arizo...
9/27/2012Review of Cache Gold Property, Nunavut Demonstrates Signific...
9/18/2012Receives Positive Drill Results for the Money Rock / West Po...
7/11/2011Mobilizes Drill to Golden Zone Property, Alaska, for 2011 Pr...
6/14/2011Initiates 2011 Work at Golden Zone Property, Alaska
6/6/2011Caribou Commences Mobilization and Work Programs on Yukon Go...
3/3/2011Signs Drill Contract for 2011 Work at the Golden Zone Proper...
1/31/2011Acquires Yukon Gold, Silver and Base Metal Properties From S...
2/12/2009AND GEO SECURE DRILL PERMITS ON MANITOBA COAL PROPERTY AND A...
11/6/2008and Geo Announce Agreement With NuCoal Energy Corp. For Pros...
7/29/2008ANNOUNCES THE COMPLETION OF FIELD PROGRAM AT FOG LAKE PROSPE...
7/22/2008GEO AND ALIX RESOURCES ANNOUNCE HISTORICAL POTASH HOLE PLUS ...
6/25/2008 gets priority on Saskatchewan coal permits
6/13/2008And Geo Minerals buys potash rights in Saskatchewan
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