Alix Provides Update on Bitcoin Exchange and Golden Zone Property
ALIX RESOURCES CORP. ("Alix" or the "Company") (TSX VENTURE:AIX)(FRANKFURT:37N) (ARXRF-US CLEARING SYMBOL) is pleased to provide an update regarding its planned Bitcoin exchange launch anticipated in Q1 2014 (see news release, November 12, 2013). Completion of the advanced platform is anticipated shortly with a beta version to begin real time testing in December 2013. With bitcoin usage recently exceeding all-time highs, Alix will provide users with a secure, reliable and powerful trading platform to the Canadian bitcoin market.
Alix is also pleased to announce it has incurred sufficient expenditures to earn 51% of the Golden Zone gold property, located in the Chulitna mineral belt of Alaska. A NI43-101 resource estimate for the Golden Zone property reports 10,264,327 tonnes (11,294,000 tons) of measured, indicated and inferred material averaging 1.44 g/T Au and containing 431,389 ounces of gold, 2,214,517 ounces of silver and 6,081 tonnes (6,689 ton; 13,378,000 lbs) of copper (see news release, January 5th 2012).
Michael England, CEO & Director states,
"This is a very exciting time for Alix, both with having earned 51% of Golden Zone and also with the fast approaching launch of our bitcoin exchange. While mineral exploration continues to be our main focus, we are confident that increasing shareholder value and financing our projects will be possible through the bitcoin exchange."
There are currently two bitcoin exchanges in Canada. Alix will join this competitive market and is confident in utilizing the following principles to create a valuable product for its users.
• Security
The exchange will utilize industry standard practices such as DDOS protection, cold storage & two-factor authentication to ensure that all exchange activity and information is well secured.
• Over-Compliance
While Bitcoin is not heavily regulated in Canada, Alix plans to take a proactive approach to ensure all regulatory and financial requirements are met. Coming from the public sector, Alix is already very familiar with strict compliance requirements.
For more information regarding Bitcoin & Alix's involvement, please visit: http://www.AlixResources.com/bitcoin/
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.
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