FPX Nickel - News Releases

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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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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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 Vancouver, August 23, 2019 – FPX Nickel Corp. (FPX-TSX.V) (“FPX Nickel” or the “Company”) is pleased to announce that as a result of positive investor response to its previously announced private placement offering of 8,000,000 common shares (“Common Shares”) of the Company at a price of $0.15 per Common Share (the “Issue Price”) for gross proceeds of $1,200,000 (see news release dated August 22, 2019), the Company has decided to increase the size of the offering up to a maximum of 8,333,333 Common Shares at the Issue Price, for aggregate gross proceeds of up to $1,250,000 (the “Private Placement”).  The Private Placement is expected to close in September 2019.

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

 Vancouver, August 22, 2019 – FPX Nickel Corp. (FPX-TSX.V) (“FPX Nickel” or the “Company”) is pleased to announce that it has arranged a non-brokered private placement to raise gross proceeds of up to $1,200,000 (the “Offering”).  The Offering will consist of up to 8,000,000 common shares (the “Shares”) at $0.15 per Share in the capital stock of the Company. Insiders of the Company intend to participate in the Offering.

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Vancouver, August 6, 2019 – FPX Nickel Corp. (FPX-TSX.V) (“FPX Nickel” or the “Company”) is pleased to announce excellent results from metallurgical optimization testing on the Baptiste Deposit at its 100%-owned Decar Nickel District (the “Project”) in central British Columbia.  The metallurgical testing conducted during the March-to-July 2019 period achieved significant improvements over test results previously reported by the Company on February 25, 2019, confirming an estimated 4% increase in projected recoveries in the production of high-grade nickel and iron ore concentrates.

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