Vancouver, May 26, 2021 – FPX Nickel Corp. (FPX-TSX.V) (“FPX” or the “Company”) is pleased to provide an overview of an expanded exploration program starting in June at the Company’s Decar Nickel District (“Decar”) in central British Columbia. In addition to the drill programs at the Baptiste Deposit and the Van Target (see the Company’s May 10, 2021 news release), regional exploration will focus on prospective under- and un-explored areas within this 245 square kilometre (“km2”) ophiolite complex.
FPX Nickel Provides Exploration Update and Prepares Drilling Programs at Decar Nickel District in Central British Columbia
Vancouver, May 10, 2021 – FPX Nickel Corp. (FPX-TSX.V) (“FPX” or the “Company”) is pleased to provide an overview of planned exploration drilling programs starting in June at the Company’s Decar Nickel District (“Decar”) in central British Columbia. This will mark the most active campaign at Decar since 2012, with a dual focus on resource confirmation and expansion at the Baptiste Deposit (“Baptiste”) plus an initial drill campaign at the Van Target, located 6 kilometres north of Baptiste.
FPX Nickel Initiates Metallurgical Pilot Test Program to Support Continued Development of Baptiste Nickel Project
Vancouver, April 26, 2021 – FPX Nickel Corp. (FPX-TSX.V) (“FPX” or the “Company”) is pleased to announce the initiation of a metallurgical pilot test program to support the continued development of the Company’s Baptiste Nickel Project (“Baptiste” or the “Project”) in central British Columbia. This metallurgical program will be the largest and most comprehensive program conducted to-date on Baptiste mineralization, and is designed to validate and optimize the flowsheet parameters outlined in the Company’s September 2020 Preliminary Economic Assessment (“PEA”).
FPX Nickel Establishes Technical Advisory Committee, Including the Appointments of Former Newmont Board Member Clem Pelletier and Placer Dome Senior Executive Martyn Creaney
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”).