by FPX Nickel FPX Nickel

Vancouver, October 31, 2012 — First Point Minerals Corp. (FPX-TSX.V) (“First Point” or the “Company”) is pleased to announce that the Company’s common shares will be listed and posted for trading on the Toronto Stock Exchange (“TSX”) senior board at the opening of trading on Thursday November 1st, 2012 under the current symbol “FPX”. The Company’s shares will be delisted from the TSX Venture Exchange upon commencement of trading on the TSX.

About First Point

First Point Minerals Corp. is a Canadian base and precious metal exploration company operating worldwide. The Company’s primary asset is the Decar nickel-iron alloy project in central British Columbia, in which First Point’s current interest is 49%. In addition to Decar, First Point holds 10 other 100%-owned nickel-iron alloy properties in B.C., Yukon, Australia and Norway. For more information, please view the Company’s website at or contact Jim Gilbert, President and CEO, or Rob Robertson, VP Corporate Development, at (604) 681-8600.

On behalf of First Point Minerals Corp.

“Jim Gilbert”
Jim Gilbert, President and CEO – TSX Venture Exchange: FPX

Suite 906 — 1112 West Pender Street
Vancouver, BC Canada V6E 2S1
Tel: 604.681.8600 Fax: 604.681.8799
e-mail: [email protected]

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.