by FPX Nickel FPX Nickel

FPX Nickel Announces Intention to Complete Preliminary Economic Assessment on Baptiste Nickel Deposit and $1,500,000 Private Placement

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES

OR FOR DISSEMINATION IN THE UNITED STATES

Vancouver, February 25, 2020 – FPX Nickel Corp. (FPX-TSX.V) (“FPX Nickel” or the “Company”) is pleased to announce that it has appointed BBA Inc. (“BBA”) as lead engineer and consultant for the preparation of an updated National Instrument (“NI”) 43-101 preliminary economic assessment (“PEA”) report on the Company’s Baptiste Deposit at its 100%-owned Decar Nickel District in central British Columbia.  Completion of the PEA is expected in the late third quarter or fourth quarter of 2020.

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by FPX Nickel FPX Nickel

FPX Nickel Achieves Recoveries up to 99.5% in Production of High-Grade Nickel-Cobalt Solution for the Electric Vehicle Battery Market

Vancouver, January 7, 2020 – FPX Nickel Corp. (FPX-TSX.V) (“FPX Nickel” or the “Company”) is pleased to report that successful leach testing of high-grade nickel concentrates from its 100%-owned Decar Nickel District (the “Project”) has confirmed nickel recoveries up to 99.5% in producing a high-concentration nickel-cobalt chemical solution suitable for the electric vehicle (“EV”) battery supply chain.  The results of this test program position Decar as a potentially significant supplier of nickel for both the stainless steel and the EV battery markets.

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by FPX Nickel FPX Nickel

FPX Nickel Commences Leach Testing of Nickel Concentrates for the Production of High-Grade Nickel Solution

Vancouver, October 30, 2019 – FPX Nickel Corp. (FPX-TSX.V) (“FPX Nickel” or the “Company”) is pleased to report that it will undertake pressure leaching test work to evaluate the amenability of leaching high-grade nickel concentrates from its 100%-owned Decar Nickel District (the “Project”).  If successful, this test work will position Decar as a potentially significant supplier of nickel for the electric vehicle battery market.

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by FPX Nickel FPX Nickel

FPX Nickel Closes Over-Subscribed Private Placement for $1,250,000

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

Vancouver, September 17, 2019 – 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 8,333,333 shares at $0.15 per share for gross proceeds of $1,250,000 (the “Offering”).  The Company expanded the originally announced private placement from 8,000,000 shares to 8,333,333 shares for gross proceeds of $1,250,000 (see FPX’s news releases dated August 22 and August 23, 2019).

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by FPX Nickel FPX Nickel

FPX Nickel Announces Closing of Long-Term Debt Refinancing

Vancouver, September 4, 2019 – FPX Nickel Corp. (FPX-TSX.V) (“FPX Nickel” or the “Company”) is pleased to announce that, further to its announcement on March 25, 2019, it has closed the amended and new loan agreements to extend the maturity of its long-term debt from September 4, 2020 to September 4, 2022 and September 4, 2025.  The Company’s debt refinancing is underpinned by a C$4 million loan (the “Bradshaw Loan”) from Peter Bradshaw, the Company’s Chairman and largest shareholder, on terms consistent with the Company’s arm’s length long-term debt.

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