NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Vancouver, October 15, 2020 – 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 (the “Offering”) of common shares (“Common Shares”) of the Company at a price of $0.55 per Common Share (the “Issue Price”) for gross proceeds of $4,000,000 (see news releases dated October 7 and October 8, 2020), the Company has decided to further increase the size of the Offering up to a maximum of 8,963,636 Common Shares at the Issue Price, for aggregate gross proceeds of $4,930,000.

