Infinite Lithium Corp (ILI)

[Sam Dan]

ALIX INCREASES FINANCING

This should cover cost of more investigation of thelithium property in Mexico as the US dollars goes a long way.

"Alix Resources Corp. is increasing the non-brokered private placement announced on Feb. 10, 2016, from four million units to 10 million units at a price of five cents per unit for total gross proceeds of $500,000. Each unit will comprise one common share and one share purchase warrant of the company. Each warrant entitles the holder to purchase an additional share at a price of 7.5 cents per share for a period of 12 months. Proceeds from the offering will be used for general working capital and to advance the company's lithium concessions located in Sonora, Mexico.

Finders' fees will be payable on the private placement, subject to the policies of the TSX Venture Exchange."