VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 27, 2011) - Alix Resources Corp. ("Alix" or the "Company")(News - Market indicators)(FRANKFURT:37N) announces the closing of its private placement (the "Private Placement") announced in its news release dated April 13^th, 2011, and subsequent news release dated April 15^th, 2011. Pursuant to the Private Placement, the Company issued 6,900,000 units (the "Units") at a price of $0.25 per Unit for gross proceeds of $1,725,000. Each Unit is comprised of one common share (a "Share") of the Company and one common share purchase warrant (a "Warrant"). Each warrant entitles the holder to purchase an additional share at a price of $0.30 per share for the first 12 months and $0.35 per share for the following 12 months from the date of issuance.

The Company is pleased to announce that Strategic Metals Ltd. (TSX VENTURE:SMD) has continued to maintain its interest in the Company (see NR January 31, 2011) by purchasing 400,000 units of this private placement.

Finder fees of $15,600 plus 64,400 broker warrants were issued in accordance with the policies of the TSX Venture Exchange. Each broker warrant entitles the holder to purchase an additional share at a price of $0.30 per share for the first 12 months and $0.35 per share for the following 12 months from the date of issuance.

All securities issued pursuant to the private placement are subject to a hold period expiring on August 22^nd, 2011.

The proceeds from the private placement will be used for the Company's Alaskan Golden Zone project this summer as well as for general working capital.

Alix Resources is a junior exploration company actively seeking base and precious metal venture opportunities for the benefit of all of its stakeholders.

ON BEHALF OF THE BOARD

Michael England, President