NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Vancouver, October 8, 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 5,818,181 common shares (“Common Shares”) of the Company at a price of $0.55 per Common Share (the “Issue Price”) for gross proceeds of $3,200,000 (see news release dated October 7, 2020), the Company has decided to increase the size of the Offering up to a maximum of 7,272,727 Common Shares at the Issue Price, for aggregate gross proceeds of up to $4,000,000.

