FPX Nickel Corp. is pleased to announce that on September 21, it signed a non-binding memorandum of understanding with Japan Organization for Metals and Energy Security and the Prime Planet Energy & Solutions joint venture between Toyota Motor Company and Panasonic Corporation . The non-binding MOU provides a framework for FPX and PPES to explore collaborative opportunities for the vertical integration of nickel [...]
FPX Nickel Corp. is pleased to announce results from the preliminary feasibility study for its 100%-owned Baptiste Nickel Project in central British Columbia, with an after-tax NPV8% of $2.01 Billion and IRR of 18.6% at $8.75 /lb Ni. The PFS has been prepared in accordance with National Instrument 43-101 and demonstrates the potential to develop a high-margin, long-life, large-scale, and low-carbon mine with unparalleled [...]
FPX Nickel Corp. is pleased to announce that the Company will announce the results of a preliminary feasibility study on the Baptiste Nickel Project on September 6, 2023. The PFS will mark the culmination of the extensive de-risking and optimization program that has been undertaken since the issuance of the Baptiste 2020 preliminary economic assessment . The Company's management will host a live webinar on Wednesday [...]
FPX Nickel Corp. is pleased to announce the appointment of Tim Bekhuys as the Company's Senior Vice President, Sustainability & External Relations. Mr. Bekhuys, formerly Vice President of Environment, Health, Safety & Sustainability with SSR Mining, has over 40 years of experience in mining, focused on environment, health and safety, sustainability, and external relations, including work on mergers and acquisitions [...]
FPX Nickel Corp. is commenting on recent public communications from Tl'azt'en Nation with respect to the 2012 Memorandum of Understanding between Tl'azt'en Nation, family Keyoh Holders, and FPX, and concerns expressed related to resource development. FPX is focused on development of the Baptiste Nickel Project in central British Columbia, which is currently at a pre-feasibility level of study and has not yet entered the [...]
FPX Nickel Corp. is pleased to report a transition and succession plan for the role of the Company's Chief Financial Officer and Corporate Secretary. FPX's current and long-serving CFO and Corporate Secretary, Mr. Chris Mitchell, has informed the Company of his intention to retire on a flexible timeline in the second half of 2023 or early 2024. As part of a planned transition process, the Company has commenced a search [...]
FPX Nickel Corp. is pleased to announce completion of the preliminary feasibility study metallurgical testwork campaign with key results supporting the updated concentrator flowsheet and providing a materially improved understanding of the process characteristics of the Baptiste Nickel Project . The robust testwork campaign involved multiple bench- and pilot-scale programs, with the resultantly improved process design [...]
FPX Nickel Corp. is pleased to announce the appointment of Keith Patterson, P.Geo., as the Company's Vice President of Generative Exploration. Mr. Patterson, formerly Director of Project Generation and Greenfield Strategy with Eldorado Gold, has worked as an exploration professional for over twenty-five years throughout North America, South America, Europe, and Asia. He will lead FPX's newly formed global generative [...]
FPX Nickel Corp. announces that a total of 4,005,000 stock options have been granted to the Company's directors, officers and employees. The options have an exercise price of $0.60 per share and will expire on June 9, 2028. About FPX Nickel Corp. FPX Nickel Corp. is focused on the exploration and development of the Decar Nickel District, located in central British Columbia, and other occurrences of the same unique style [...]
FPX Nickel Corp. is pleased to announce that in connection with the $16 million strategic investment by Outokumpu Oyj announced on May 30, 2023, the Company's existing Corporate Strategic Investor has exercised its participation right in full to re-establish a 9.95% ownership of FPX's issued and outstanding common shares . On November 29, 2022, FPX announced a private placement of common shares with the Corporate [...]
FPX Nickel Corp. is pleased to announce that it has closed a private placement financing with a new cornerstone strategic investor, the major global stainless steel producer Outokumpu Oyj . Under the terms of the Private Placement, FPX has issued 26,800,000 common shares in the capital of the Company to Outokumpu at a price of C$0.60 per common share, for gross proceeds of C$16,080,000. Upon completion of the Private [...]
FPX Nickel Corp. is pleased to announce the results of its 2023 Annual General and Special Meeting held on May 25, 2023. At the meeting, the shareholders voted to set the number of Board members at seven and elected Peter M.D. Bradshaw, Anne Currie, James S. Gilbert, Peter J. Marshall, William H. Myckatyn, Robert B. Pease and Martin E. Turenne as directors of the Company to hold office for the ensuing year. The [...]