Infinite Lithium Corp (ILI)

[Sam Dan]

ALIX CLOSES PRIVATE PLACEMENT
A very positive achievement .To raise any money in the Market enviroment is to be applauded .And to raise 25% more than originally planned is indicative that some investors hold hope for AIX's Mexico venture

Alix Resources Corp. has completed its non-brokered private placement of 10,304,000 units at a price of five cents per unit for an aggregate gross proceeds of $515,200. Each unit comprises one common share and one share purchase warrant of the company. Each warrant will entitle the holder to purchase one share at a price of 7.5 cents per warrant share until April 8, 2017. All securities issued pursuant to the closing of the non-flow-through units are subject to a hold period expiring on Aug. 9, 2016. The company paid cash commissions to the finders totaling $22,041.21, and issued 440,000 finder's warrants exercisable for 12 months at 7.5 cents.



Read more at http://www.stockhouse.com/companies/bullboard/bullboard/v.aix/alix-resources-corp#yPSeSButCu0Z5xOq.99