ALX Resources Corp. Signs Definitive Agreement for Electra Nickel Project in Ontario ALX Resources Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") is pleased to announce that it has executed a definitive agreement for an option to purchase a 100% interest in the Electra Nickel Project ("Electra", or the "Project") located in Shebandowan Greenstone Belt within the Thunder Bay South Mining District of Ontario, Canada. Electra, formerly known as the Bateman Lake property, is prospective for nickel, copper and cobalt ("Ni-Cu-Co"), platinum group elements ("PGEs") and gold mineralization. In November 2020, during its period of due diligence on Electra, ALX staked additional claims and expanded the size of the Project by approximately 42% to 148 cell units totaling 3,168 hectares (7,828 acres).