FPX Nickel - News Releases

Vancouver, September 8, 2015 – First Point Minerals Corp. (FPX-TSX) (“First Point” or the “Company”) is pleased to announce that it has entered into a 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, for an acquisition price of US$4.75 million (“the Transaction”).

Completion of the Transaction will result in First Point owning 100% of the Project, which comprises 60 claims covering approximately 24,500 hectares. “This purchase fulfills the long-held aspiration of First Point and its stakeholders of consolidating ownership of Decar, our flagship project,” said First Point President and CEO Jim Gilbert. “It will allow us to re-position the Project for advancement through the next phases of study and development, with a focus on a number of identified targets with significant potential for exploration and economic upside.”

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Vancouver, August 7, 2015 – First Point Minerals Corp. (FPX-TSX) (“First Point” or the “Company”) is pleased to provide a corporate update on the status of its 40%-owned Decar nickel project (“Decar” or the “Project”), located in central British Columbia.

Pursuant to the option agreement entered into in November 2009 between First Point and Cliffs Natural Resources Exploration Canada Inc., an affiliate of Cliffs Natural Resources Inc. (NYSE: CLF) (“Cliffs”), effective today the structure of Project ownership has converted to a contractual joint venture, on pre-agreed terms, with initial ownership interests fixed at the current levels of 60% for Cliffs and 40% for First Point.

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Vancouver, June 29, 2015 – First Point Minerals Corp. (FPX-TSX) (“First Point” or the “Company“) is re-issuing the press release concerning the voting results for directors at its Annual General and Special Meeting of Shareholders held on June 25, 2015, in order to comply with the policy of the TSX that requires information on the voting results for each individual director.

As previously reported, all of the nominees listed in the Company’s information circular dated May 22, 2015 were elected.

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First Point Minerals Corp. (FPX-TSX) (“First Point” or the “Company”) announces that its Board of Directors has unanimously adopted a Shareholder Rights Plan (the “Plan”), subject to regulatory acceptance and to shareholder approval to be obtained on or before November 13, 2015. Such approval will be sought at the annual meeting of the Company’s shareholders, to be held on June 25, 2015.

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Vancouver, November 13, 2014 – First Point Minerals Corp. (FPX-TSX) (“First Point” or the “Company”) is pleased to announce results from its first diamond drilling campaign at the 100%-owned Mich nickel-iron alloy (“awaruite”) property, located 55 kilometres southeast of Whitehorse in the southern Yukon Territory. Results include 156 metres averaging a grade of 0.096% Davis Tube magnetically-recovered (“DTR”) nickel from 3.0 to 159.1 metres in hole 1, and the entire 453.6-metre length of hole 2 averaging 0.087% DTR nickel from 2.7 to 456.3 metres.

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