Vancouver, July 24, 2019 – FPX Nickel Corp. (FPX-TSX.V) (“FPX Nickel” or the “Company”) is pleased to note the Government of Canada’s announcement that it will make a $2 million investment to support innovation in the study of carbon capture and storage at mining sites, including proposed field work at the Company’s Decar Nickel District in central British Columbia.
FPX Nickel Announces Granting of Stock Options
Vancouver, March 29, 2019 – FPX Nickel Corp. (FPX-TSX.V) (“FPX” or the “Company”) announces that a total of 2,900,000 stock options have been granted to the Company’s directors, officers and employees. The stock options have an exercise price of $0.20 per share and will expire on March 28, 2024.
FPX Nickel Announces Long-Term Debt Refinancing and Extends Maturity to 2022 and 2025
Vancouver, March 25, 2019 – FPX Nickel Corp. (FPX-TSX.V) (“FPX Nickel” or the “Company”) is pleased to announce it has entered into 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 new 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.
FPX Nickel Metallurgical Testing Demonstrates Significant Improvements in Recovery and Grade, Consistently Producing High-Grade Nickel and By-product Iron Ore Concentrates
Vancouver, February 25, 2019 – FPX Nickel Corp. (FPX-TSX.V) (“FPX Nickel” or the “Company”) is pleased to announce positive results from metallurgical testing on the Baptiste Deposit at its 100%-owned Decar Nickel District (the “Project”) in central British Columbia. The metallurgical testing achieved meaningful improvements over the results of previous metallurgical test work used as a basis for the Project’s 2013 preliminary economic assessment (“2013 PEA”), demonstrating significant increases in estimated nickel recovery and final concentrate quality, using conventional processing technologies.
FPX Nickel Initiates Metallurgical Study on Baptiste Deposit at Decar Nickel District
Vancouver, September 17, 2018 – FPX Nickel Corp. (FPX-TSX.V) (“FPX Nickel” or the “Company”) is pleased to announce that it has commenced a metallurgical study on the Baptiste Deposit at its 100%-owned Decar Nickel District (the “Project”) in central British Columbia. The objective of this study is to improve upon the results of previous metallurgical test work used as a basis for the Project’s 2013 preliminary economic assessment (“2013 PEA”). The current test program has the potential to demonstrate significant increases in estimated nickel recovery and final concentrate quality, using conventional processing technologies.