by FPX Nickel FPX Nickel

FPX Nickel Reports Positive Field Tests Demonstrating Potential for Significant Carbon Capture at Baptiste Nickel Project

Vancouver, February 16, 2021 – FPX Nickel Corp. (FPX-TSX.V) (“FPX” or the “Company”) is pleased to report the results of initial field tests which demonstrate the potential for significant direct air carbon capture in tailings at its Baptiste Project in the Decar Nickel District in central British Columbia.  The field tests, conducted by researchers from the University of British Columbia (“UBC”) funded by FPX and the Government of Canada, demonstrate that the Baptiste Project’s tailings can sequester significant quantities of carbon dioxide (“CO2) when exposed to air through a natural process of mineral carbonation.

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by FPX Nickel FPX Nickel

FPX Nickel Closes Debt Retirement and Announces Stock Option Grant

Vancouver, February 11, 2021 – FPX Nickel Corp. (FPX-TSX.V) (“FPX” or the “Company”) is pleased to report that, as announced in its January 20, 2021 news release, the Company has issued 5,312,386 common shares of the Company in settlement (the “Debt Conversion”) of the $3,453,051 principal and interest owing on the long-term loan provided to the Company by a Private Shareholder (the “Private Shareholder Loan”).  On completing the Debt Conversion, the Private Shareholder Loan has been extinguished and the Company is now debt-free.

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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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