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AIX

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Share Name Share Symbol Market Type
TSXV:AIX TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Alix Announces Initial Bitcoin Mining Exploration Transaction / Implementation of Bitcoin Exchange

12/11/2013 12:00pm

Marketwired Canada


ALIX RESOURCES CORP. ("Alix" or the "Company") (TSX VENTURE:AIX)(FRANKFURT:37N)
(ARXRF-US CLEARING SYMBOL)  is pleased to announce that it has entered into an
innovative and creative service plan with Ridge Resources Ltd. for upcoming
exploratory work on its Windy Property located 15 kilometers north of Cassiar,
British Columbia (see news release, November 7, 2013). Pursuant to the plan,
Alix will pay Ridge for its services in bitcoins on an ongoing basis and will
continue to explore this avenue for funding 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 CEO 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." 


About Bitcoin:

Bitcoin is a distributed, peer-to-peer digital currency that functions without
the intermediation of any central authority. Bitcoin payment processing fees are
substantially lower than those of credit cards or money transfers, and while the
exchange rate is highly volatile, on average bitcoins have appreciated rapidly
in relation to other currencies. Notable recent events include:




--  Bitcoin market cap at an all time high 
--  Bitcoin price broke 52-week highs in recent weeks 
--  World's first bitcoin ATM recently unveiled in Vancouver, BC  



For more information regarding bitcoin please visit www.Bitcoin.org. 

ON BEHALF OF THE BOARD

Michael England, President 

Forward-Looking Statement:

Some statements in this news release contain forward-looking information that
involves inherent risk and uncertainty affecting the business of Alix Resources
Corp. Actual results may differ materially from those currently anticipated in
such statements. Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Alix Resources Corp.
Michael England
President
1-604-683-3995 or Toll Free: 1-888-945-4770
604-683-3988 (FAX)

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