ALIX RESOURCES CORP. ("AIX")
BULLETIN TYPE: Warrant Price Amendment
BULLETIN DATE: October 27, 2009
TSX Venture Tier 2 Company

TSX Venture Exchange has consented to the reduction in the exercise price
and the increase in the number of the following warrants:

Private Placement:

No. of Original Warrants: 837,220
No. of Additional Warrants: 837,220 (for a new total of
1,674,441)
Expiry Date of Warrants: March 3, 2010
Original Exercise Price of Warrants: 0.25
New Exercise Price of Warrants: 0.20

These warrants were issued pursuant to a private placement of 1,674,441
shares with 837,220 share purchase warrants attached, which was accepted for
filing by the Exchange effective September 10, 2008.