Alix Resources announces a proposed consolidation of its common shares on the basis of four (4) existing Shares for one (1) new Share. Currently, a total of 72,473,191 Shares are issued and outstanding. Accordingly, if put into effect on the basis of four (4) existing Shares for one (1) new Share, a total of 18,118,298 Shares would be issued and outstanding following the Consolidation, assuming no other change in the
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