by FPX Nickel FPX Nickel

First Point Minerals Stakes Nickel-Iron Alloy Occurrences in Norway

Vancouver, July 5, 2012 — First Point Minerals Corp. (FPX-TSX.V) (“First Point” or the “Company”) is pleased to announce that it has acquired two properties in Norway after its ongoing global exploration campaign identified anomalous nickel-iron alloy occurrences.

Based an earlier reports and work from the Norwegian Geological Survey, together with the results of early-stage surface sampling, First Point has staked the 100%-owned Fera property, located 300 kilometres north of Oslo. The Fera property covers 152 square kilometres and hosts several ultramafic bodies of variable size forming an 18-kilometre-long, east-trending belt that correlates with a well-defined airborne geophysical magnetic high. The largest ultramafic body measures about 5 by 3 kilometres in size and hosts disseminated awaruite, a naturally occurring nickel-iron alloy.

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by FPX Nickel FPX Nickel

First Point Minerals Closes Previously Announced Private Placement Financing of Flow-Through Shares

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

Vancouver, British Columbia — First Point Minerals Corp. (FPX-TSX.V) (“First Point” or the “Company”) is pleased to announce that it has closed its previously announced Raymond James Ltd. (the “Agent”) led best efforts private placement of common shares issued on a “flow-through” basis under the Income Tax Act (Canada) (“Flow-through Shares”). The Company received gross proceeds of C$1,610,959.80 on the issuance of 2,684,933 Flow-through Shares priced at $0.60 per Flow-through Share (the “Offering”).
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by FPX Nickel FPX Nickel

First Point Minerals Prices Flow-Through Financing

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

Vancouver, British Columbia — First Point Minerals Corp. (FPX-TSX.V) (“First Point” or the “Company”) is pleased to announce that it has priced its previously announced best efforts flow-through financing led by Raymond James Ltd. The flow-through common shares will be priced at $0.60 for gross proceeds of up to $2,000,000 (the “Offering”). The private placement of common shares is to be issued on a “flow-through” basis under the Income Tax Act (Canada).

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by FPX Nickel FPX Nickel

First Point Minerals Announces a $2.0 Million Private Placement Financing of Flow-Through Shares

Vancouver, British Columbia — First Point Minerals Corp. (FPX-TSX.V) (“First Point” or the “Company”) is pleased to announce that it has entered into an agreement with Raymond James Ltd. (the “Agent”) in connection with a best efforts private placement of common shares to be issued on a “flow-through” basis under the Income Tax Act (Canada) (“Flow-through Shares”) at a price to be determined in the context of the market for aggregate gross proceeds of approximately $2,000,000 (the “Offering”).

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by FPX Nickel FPX Nickel

First Point Begins Field Exploration on its 100%-Owned Properties in British Columbia and Yukon in Preparation for Drilling

Vancouver, June 7, 2012 — First Point Minerals Corp. (FPX-TSX.V) (“First Point” or the “Company”) is pleased to announce that field exploration has begun at its 100%-owned Klow project in central British Columbia in preparation for an 1,800-metre drilling campaign that is expected to get underway towards the end of June. The Company’s overall 2012 exploration program is budgeted at $3 million and will also include 2,700 metres of drilling at the 100%-held Wale project in northern B.C., as well as an ongoing global exploration search for new nickel-iron alloy targets.

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