by FPX Nickel FPX Nickel

First Point Minerals Announces $1,000,000 Financing

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES
OR FOR DISSEMINATION IN THE UNITED STATES

Vancouver, November 12, 2013 — 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 $1,000,000 (the “Offering”). The Offering will consist of up to 5,882,353 Units (the “Units”) at $0.17 per Unit in the capital stock of the Company. A finder’s fee will be payable on the Offering.

Read more

by FPX Nickel FPX Nickel

First Point Minerals’ Decar Project Successfully Produces High-Grade Ferronickel Directly From Awaruite Concentrate

Vancouver, October 10, 2013 – First Point Minerals Corp. (FPX-TSX) (“First Point” or the “Company”) is pleased to announce the positive results of preliminary lab scale test work, in which high-grade ferronickel was produced using awaruite (nickel-iron alloy) concentrate from the Company’s 40-% owned Decar project (“Decar”, or “the Project”). Decar, a nickel-iron alloy project in central British Columbia, is 60%-owned and operated by Cliffs Natural Resources Exploration Canada Inc., an affiliate of Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) (“Cliffs”).

Read more

by FPX Nickel FPX Nickel

First Point Minerals’ Decar Nickel Project to Proceed to Prefeasibility Study Phase

Vancouver, September 9, 2013 — First Point Minerals Corp. (FPX-TSX) (“First Point” or the “Company”) today announced that Cliffs Natural Resources Exploration Canada Inc., an affiliate of Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) (“Cliffs”), has elected to proceed to the Prefeasibility Study phase at the Decar nickel-iron alloy project in central British Columbia. By sole funding completion of a NI 43-101 compliant Prefeasibility Study by August 2015, Cliffs has the option to earn an additional 5% interest in the Decar project. By making the election to proceed to the Prefeasibility Study phase, Cliffs also maintains the right to earn a further 10% interest in the Decar project by sole funding a Bankable Feasibility Study.

Read more

by FPX Nickel FPX Nickel

First Point Minerals Provides Exploration and Metallurgical Testing Update

Vancouver, August 14, 2013 — First Point Minerals Corp. (FPX-TSX) (“First Point” or the “Company”) is pleased to provide an update on its ongoing exploration program underway on several of its nickel-iron alloy properties in British Columbia (“B.C.”) and the Yukon. One of the objectives of the Company’s 2013 exploration campaign budgeted at $1 million is to delineate potential drill targets on First Point’s 100%-owned properties — Wale and Orca in BC, and Mich in the Yukon — and to collect large >300 kilogram surface samples from these targets.

Read more

by FPX Nickel FPX Nickel

First Point Minerals and Cliffs Extend Option Agreement Deadline by 30 Days

Vancouver, August 6, 2013 — First Point Minerals Corp. (FPX-TSX) (“First Point” or the “Company”) wishes to announce that by mutual agreement of the parties, First Point and Cliffs Natural Resources Exploration Canada, an affiliate of Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) (“Cliffs”), have extended by 30 days, to September 5, 2013, the deadline by which Cliffs can make its election to self-fund the Pre-feasibility Study phase of the Decar project, under the terms of the existing option agreement between the Company and Cliffs.

Read more