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Vancouver, December 2, 2022 – FPX Nickel Corp. (TSX-V: FPX, OTCQB: FPOCF) (“FPX” or the “Company”) is pleased to announce that it has closed the private placement financing (the “Private Placement”) with a new corporate strategic investor (the “Strategic Investor”), as previously announced in the Company’s November 29, 2022 news release.

