by FPX Nickel FPX Nickel

Vancouver, September 10, 2026 – FPX Nickel Corp. (TSX-V: FPX, OTCQX: FPOCF) (“FPX” or the “Company”) is pleased to announce that its Baptiste Nickel Project (“Baptiste” or “the Project”) has been featured in the Canada investment prospectus being presented to leading global investors at the inaugural Canada Investment Summit, hosted by Prime Minister Mark Carney in Toronto on September 14 and 15. The inclusion of Baptiste highlights the Project’s demonstrated ability to attract significant international investment and contribute to Canada’s ambitions to develop its critical mineral resources, strengthen economic security and diversify its global trade and investment relationships.

“We are very pleased to see Baptiste highlighted among the investment-ready opportunities being showcased to global investors at the Canada Investment Summit,” commented Martin Turenne, FPX Nickel’s President and CEO. “We strongly support the Government of Canada’s ambition to build a stronger and more resilient economy by accelerating investment in major projects and deepening Canada’s economic relationships with trusted international partners.

“FPX has already established significant strategic relationships with leading international companies, including Japan’s Sumitomo Metal Mining and Finland’s Outokumpu Oyj, demonstrating the strong global interest in Baptiste and in Canada as a reliable source of responsibly produced critical minerals. We believe the Canada Strong agenda can build on these relationships by helping mobilize the international capital required to turn our country’s world-class mineral endowment into new mines, supply chains and long-term economic opportunities for Canadians.”

The Canada Investment Summit is a first-of-its-kind gathering bringing together leading global investors, Canadian companies and public-sector representatives to accelerate new investment into Canada. Hosted by the Prime Minister, the Summit is focused on mobilizing long-term capital toward commercial opportunities that strengthen Canada’s growth, competitiveness and economic resilience. As part of the Summit, the investment prospectus provides investors with a curated portfolio of significant Canadian investment opportunities, including projects in strategic sectors such as critical minerals, energy, infrastructure and advanced technologies.

About the Baptiste Nickel Project

The Company’s Baptiste Nickel Project represents a large-scale greenfield discovery of nickel mineralization in the form of a sulphur-free, nickel-iron mineral called awaruite (Ni3Fe) hosted in an ultramafic/ophiolite complex. The absence of sulphur and our ability to connect to the BC Hydro grid means that Baptiste has the potential to be one of the lowest carbon-intensive nickel producers in the world and will produce a very high-grade product that does not require any intermediate smelting or complex refining. The Baptiste mineral claims cover an area of 453 km2 west of Middle River and north of Trembleur Lake, in central British Columbia. In addition to the Baptiste Deposit itself, awaruite mineralization has been confirmed through drilling at several target areas within the same claims package, most notably at the Van Target which is located 6 km to the north of the Baptiste Deposit. Since 2010, approximately US$55 million has been spent on the exploration and development of Baptiste.

In 2024, the Province of British Columbia identified the Baptiste Nickel Project as the first project to be included in the Province’s new Critical Minerals Office (“CMO”) concierge service initiative, a provincial strategy action to enable the prioritization of critical minerals projects in B.C. The CMO initiative has provided an excellent structure to proactively identify and address issues and opportunities in support of the Project’s entry into the environmental assessment process.

In 2026, the Baptiste Nickel Project was named as a major priority project by the Government of British Columbia. This recognition comes as part of the development of B.C.’s Look West economic strategy, a targeted plan designed to deliver major projects and strengthen B.C. and Canada’s economic security. One of the key pillars of the Look West strategy is to accelerate major job-creating projects by speeding up and streamlining permitting, reducing barriers and delays, and removing duplication across regulatory frameworks.

About FPX Nickel Corp.

FPX Nickel Corp.  is focused on the exploration and development of the Baptiste Nickel Project, located in central British Columbia, and other occurrences of the same unique style of naturally occurring nickel-iron alloy mineralization known as awaruite.  For more information, please view the Company’s website at https://fpxnickel.com/ or contact Martin Turenne, President and CEO, at (604) 681-8600 or [email protected].

On behalf of FPX Nickel Corp.

“Martin Turenne”

Martin Turenne, President, CEO and Director

Forward-Looking Statements

Certain of the statements made and information contained herein is considered “forward-looking information” within the meaning of applicable Canadian securities laws. These statements address future events and conditions and so involve inherent risks and uncertainties, as disclosed in the Company’s periodic filings with Canadian securities regulators. Actual results could differ from those currently projected. The Company does not assume the obligation to update any forward-looking statement.

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.