by FPX Nickel FPX Nickel

FPX Nickel Announces Settlement of Remaining Debt for Equity

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Vancouver, January 20, 2021 – FPX Nickel Corp. (FPX-TSX.V) (“FPX Nickel” or the “Company”) is pleased to announce that it intends to convert the full amount of principal and interest owing on the long-term loan provided to the Company by a Private Shareholder (the “Private Shareholder Loan”), totalling approximately $3,453,051, into 5,312,386 common shares of the Company at a price of C$0.65 per share (the “Debt Conversion”).  On completion of the Debt Conversion, the Private Shareholder Loan will be extinguished and the Company will be debt-free.

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by FPX Nickel FPX Nickel

FPX Nickel Reports Potential to Achieve Production with Lowest Carbon Footprint in Global Nickel Industry

Vancouver, January 12, 2021 – FPX Nickel Corp. (FPX-TSX.V) (“FPX” or the “Company”) is pleased to highlight the potential for the Company’s Baptiste Project (“Baptiste” or the “Project”) in central British Columbia to produce refined nickel with a significantly lower carbon footprint than other sources of production in the global nickel industry.  These findings are based on the Project’s recent Preliminary Economic Assessment (“PEA”), which outlined the development of a conventional processing facility powered by low-carbon hydro-electric power for the production of a refined, high-grade (63% nickel) product capable of bypassing smelting and being sold directly to end users.

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by FPX Nickel FPX Nickel

FPX Nickel Provides Outlook for 2021

Vancouver, December 15, 2020 – FPX Nickel Corp. (FPX-TSX.V) (“FPX” or the “Company”) is pleased to provide a year-end review of the Company’s accomplishments in 2020 that provide a strong foundation for increased activities in 2021.

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by FPX Nickel FPX Nickel

FPX Nickel Highlights New Geoscience BC Report Outlining the Potential for Significant Carbon Capture at Baptiste Nickel Project

Vancouver, November 9, 2020 – FPX Nickel Corp. (FPX-TSX.V) (“FPX Nickel” or the “Company”) is pleased to note the publication of new research estimating the carbon capture capacity of ultramafic rocks in British Columbia which highlights the potential for the development of a low- or zero-carbon mining operation at FPX Nickel’s Baptiste Project in the Decar Nickel District.  The research is summarized in “The Carbon Mineralization Potential of Ultramafic Rocks in British Columbia: A Preliminary Assessment” (the “Report”), prepared by scientists from the University of British Columbia (“UBC”) with the support of Geoscience BC, the British Columbia Geological Survey, the Geological Survey of Canada, and FPX Nickel.

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by FPX Nickel FPX Nickel

FPX Nickel Announces Closing of $4.93 Million Private Placement and Settlement of Long-Term Debt for Equity

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Vancouver, October 21, 2020 – FPX Nickel Corp. (FPX-TSX.V) (“FPX” or the “Company”) is pleased to report that it has closed its previously announced non-brokered private placement of 8,963,636 shares at $0.55 per share for gross proceeds of $4,930,000 (the “Offering”).

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