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ALX Resources Corp., CA00165X1087

ALX Resources Corp., CA00165X1087

25.03.2020 - 12:58:11

ALX Resources Corp. Intersects Additional Nickel-Copper Mineralization at Falcon Nickel Project, Northern Saskatchewan

DGAP-News: ALX Resources Corp.

/ Key word(s): Miscellaneous

ALX Resources Corp. Intersects Additional Nickel-Copper Mineralization at Falcon Nickel Project, Northern Saskatchewan

25.03.2020 / 12:55

The issuer is solely responsible for the content of this announcement.

or contact Roger Leschuk, Manager, Corporate Communications at PH: 604.629.0293 or Toll-Free: 866.629.8368, or by email: rleschuk@alxresources.com

On Behalf of the Board of Directors of ALX Resources Corp.

"Warren Stanyer"

Warren Stanyer, CEO and Chairman

FORWARD-LOOKING STATEMENTS

Statements in this document which are not purely historical are forward-looking statements, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Forward-looking statements in this news release include: the Falcon Nickel Project ("Falcon") is prospective for nickel-copper-cobalt mineralization; the Company's plans to undertake exploration activities at Falcon, and expend funds on Falcon. It is important to note that the Company's actual business outcomes and exploration results could differ materially from those in such forward-looking statements. Risks and uncertainties include that ALX may not be able to fully finance exploration at Falcon, including drilling; our initial findings at Falcon may prove to be unworthy of further expenditure; commodity prices may not support exploration expenditures at Falcon; and economic, competitive, governmental, societal, environmental and technological factors may affect the Company's operations, markets, products and share price. Even if we explore and develop the Falcon project, and even if nickel-copper-cobalt or other metals or minerals are discovered in quantity, the project may not be commercially viable. Additional risk factors are discussed in the Company's Management Discussion and Analysis for the Nine Months Ended September 30, 2019, which is available under the Company's SEDAR profile at www.sedar.com. Except as required by law, we will not update these forward-looking statement risk factors.

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/53767

Click on, or paste the following link into your web browser,to view the associated documents

http://www.newsfilecorp.com/release/53767 News Source: Newsfile

25.03.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English Company: ALX Resources Corp.

Canada ISIN: CA00165X1087 EQS News ID: 1006557   End of News DGAP News Service

1006557  25.03.2020 

@ dgap.de