FPX Nickel - News Releases

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Vancouver, April 20, 2016 — First Point Minerals Corp. (FPX-TSX) (“First Point” or the “Company”) is pleased to announce that it has arranged a non-brokered private placement to raise gross proceeds of up to $570,000 (the “Offering”). The Offering will consist of up to 11,400,000 common shares (the “Shares”) at $0.05 per Share in the capital stock of the Company. Insiders of the Company intend to participate in the Offering and a finder’s fee may be payable on a portion of the Offering.

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Vancouver, December 11, 2015 – First Point Minerals Corp. (FPX-TSX) (“First Point” or the “Company”) announces today the appointment of Trevor Rabb, P. Geo, as the Company’s Vice-President, Exploration. Ron Britten is stepping down as the Company’s Vice-President, Exploration in order to focus on other opportunities. Dr. Britten will remain as an advisor to First Point on an ongoing basis.

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Vancouver, British Columbia, December 2, 2015 – First Point Minerals Corp. (FPX-TSX) (“First Point” or the “Company”) announced today that Martin Turenne will succeed Jim Gilbert as the Company’s President and Chief Executive Officer. Mr. Gilbert has stepped down in order to focus on other opportunities, but will continue to serve as a director of the Company. Mr. Turenne has served as the Company’s Chief Financial Officer since September 2012.

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Vancouver, November 19, 2015 – First Point Minerals Corp. (FPX-TSX) (“First Point” or the “Company”) is pleased to announce that it has completed the transaction with affiliates of Cliffs Natural Resources Inc. (NYSE: CLF) (“Cliffs”) to purchase Cliffs’ 60% ownership of the Decar nickel project (“Decar” or the “Project”), located in central British Columbia, for an acquisition price of US$4.75 million (“the Transaction”). The Transaction was approved by the Company’s shareholders at a Special Meeting held on November 16, 2015 and the Transaction was completed effective November 18, 2015.

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Vancouver, November 17, 2015 – First Point Minerals Corp. (FPX-TSX) (“First Point” or the “Company”) is pleased to announce that its shareholders have approved the Company’s previously announced binding agreement with affiliated companies of Cliffs Natural Resources Inc. (NYSE: CLF) (“Cliffs”) to purchase Cliffs’ 60% ownership of the Decar nickel project “Decar” or the “Project”), located in central British Columbia (the “Transaction”). Completion of the purchase will re-establish First Point as the 100% owner of Decar, securing for its shareholders all of the benefits of further advancement of the Project and continued exposure to the Project’s exploration upside.

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