Vancouver, April 12, 2021 – FPX Nickel Corp. (FPX-TSX.V) (“FPX” or the “Company”) is pleased to announce the creation of a Technical Advisory Committee (“TAC”) to assist and provide guidance to the FPX management team regarding all aspects of exploration and development of the Company’s Baptiste Nickel Project (“Baptiste” or the “Project”) in central British Columbia. The TAC is comprised of five senior mining professionals who will review project materials and meet with FPX management on a monthly basis to address risks and opportunities pertaining to the development of Baptiste. The founding members of the TAC are Clem Pelletier, Martyn Creaney, Rob Pease, Peter Marshall, and Paul Hosford (see biographies below).
FPX Announces Closing of $16.1 Million Bought Deal Public Offering
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Vancouver, April 7, 2021 – FPX Nickel Corp. (FPX-TSX.V) (“FPX” or the “Company”) is pleased to announce that it has closed its previously announced bought deal public offering of 24,769,800 common shares (the “Common Shares”) at an offering price of $0.65 per common share for gross proceeds of $16,100,370, which includes the exercise of the over-allotment option (the “Offering”). The Offering was co-led by Paradigm Capital Inc. and Cormark Securities Inc. (together, the “Underwriters”).
FPX Announces Upsize to Previously Announced Bought Deal Public Offering to $14 Million
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Vancouver, March 18, 2021 – FPX Nickel Corp. (FPX-TSX.V) (“FPX” or the “Company”) announces that it has entered into an amendment (the “Amendment”) to its previously announced agreement with Paradigm Capital Inc. and Cormark Securities Inc. (the “Underwriters”), pursuant to which the Underwriters have agreed to increase the size of the bought deal financing. Pursuant to the Amendment, the Underwriters will purchase, on a bought deal basis, an aggregate of 21,539,000 common shares (the “Common Shares”) at an offering price of $0.65 per Common Share (the “Issue Price”) for gross proceeds of approximately $14 million (the “Offering”).
FPX Nickel Announces $10 Million Bought Deal Public Offering of Common Shares
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Vancouver, March 17, 2021 – FPX Nickel Corp. (FPX-TSX.V) (“FPX” or the “Company”) announces that it has entered into an agreement with Paradigm Capital Inc. and Cormark Securities Inc. (the “Underwriters”), pursuant to which the Underwriters will purchase, on a bought deal basis, 15,385,000 common shares (the “Common Shares”) at an offering price of $0.65 per Common Share (the “Issue Price”) for gross proceeds of approximately $10 million (the “Offering”).
FPX Files Amended PEA Technical Report
Vancouver, March 17, 2021 – FPX Nickel Corp. (FPX-TSX.V) (“FPX” or the “Company”) announces that, further to its news release dated September 9, 2020 and review by the British Columbia Securities Commission, it has filed an amended preliminary economic assessment (“PEA”) technical report (the “Amended Report”) for the Baptiste Project at its wholly-owned Decar Nickel District in central British Columbia. The amendment has not impacted the material components of the PEA, notably resources, metallurgy, mine plan, cost estimates, economic analysis and environmental matters.