FPX Nickel Corp. is pleased to provide an overview of an expanded exploration program starting in June at the Company's Decar Nickel District in central British Columbia. In addition to the drill programs at the Baptiste Deposit and the Van Target , regional exploration will focus on prospective under- and un-explored areas within this 245 square kilometre ophiolite complex. Highlights FPX to conduct regional mapping and [...]
FPX Nickel Corp. is pleased to provide an overview of planned exploration drilling programs starting in June at the Company's Decar Nickel District in central British Columbia. This will mark the most active campaign at Decar since 2012, with a dual focus on resource confirmation and expansion at the Baptiste Deposit plus an initial drill campaign at the Van Target, located 6 kilometres north of Baptiste. Highlights [...]
FPX Nickel Corp. is pleased to announce the initiation of a metallurgical pilot test program to support the continued development of the Company's Baptiste Nickel Project in central British Columbia. This metallurgical program will be the largest and most comprehensive program conducted to-date on Baptiste mineralization, and is designed to validate and optimize the flowsheet parameters outlined in the Company's September [...]
FPX Nickel Corp. is pleased to announce the creation of a Technical Advisory Committee to assist and provide guidance to the FPX management team regarding all aspects of exploration and development of the Company's Baptiste Nickel Project in BC. The TAC is comprised of five senior mining professionals who will review project materials and meet with FPX management on a monthly basis to address risks and opportunities [...]
FPX Nickel Corp. is pleased to announce that it has closed its previously announced bought deal public offering of 24,769,800 common shares at an offering price of $0.65 per common share for gross proceeds of $16,100,370, which includes the exercise of the over-allotment option. The Offering was co-led by Paradigm Capital and Cormark Securities. The Company intends to use the net proceeds of the Offering primarily for [...]
FPX Nickel Corp. announces that it has entered into an amendment to its previously announced agreement with Paradigm Capital and Cormark Securities, pursuant to which the Underwriters have agreed to increase the size of the bought deal financing. Pursuant to the Amendment, the Underwriters will purchase, on a bought deal basis, an aggregate of 21,539,000 common shares at an offering price of $0.65 per Common Share for [...]
FPX Nickel Corp. announces that it has entered into an agreement with Paradigm Capital Inc. and Cormark Securities Inc. , pursuant to which the Underwriters will purchase, on a bought deal basis, 15,385,000 common shares at an offering price of $0.65 per Common Share for gross proceeds of approximately $10 million . The Company has granted the Underwriters an option, exercisable, in whole or in part, at any time until and [...]
FPX Nickel Corp. announces that, further to its news release dated September 9, 2020 and review by the British Columbia Securities Commission, it has filed an amended preliminary economic assessment technical report for the Baptiste Project at its wholly-owned Decar Nickel District in central British Columbia. The amendment has not impacted the material components of the PEA, notably resources, metallurgy, mine plan, cost [...]
FPX Nickel Corp. is pleased to report that it will be participating in Renmark Financial Communications Inc.'s live Virtual Non-Deal Roadshow Series to provide a Company overview and discuss its 2021 plans on Wednesday, February 24th at 4:00 pm Eastern time . FPX welcomes stakeholders, investors, and other individual followers to register and attend this live event using the following registration link [...]
FPX Nickel Corp. is pleased to report the results of initial field tests which demonstrate the potential for significant direct air carbon capture in tailings at its Baptiste Project in the Decar Nickel District in central British Columbia. The field tests, conducted by researchers from the University of British Columbia funded by FPX and the Government of Canada, demonstrate that the Baptiste Project's tailings can [...]
FPX Nickel Corp. is pleased to report that, as announced in its January 20, 2021 news release, the Company has issued 5,312,386 common shares of the Company in settlement of the $3,453,051 principal and interest owing on the long-term loan provided to the Company by a Private Shareholder . On completing the Debt Conversion, the Private Shareholder Loan has been extinguished and the Company is now debt-free. All the [...]
FPX Nickel Corp. is pleased to announce that it intends to convert the full amount of principal and interest owing on the long-term loan provided to the Company by a Private Shareholder , totalling approximately $3,453,051, into 5,312,386 common shares of the Company at a price of C$0.65 per share . On completion of the Debt Conversion, the Private Shareholder Loan will be extinguished and the Company will be debt-free [...]