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 [...]
FPX Nickel Corp. is pleased to highlight the potential for the Company's Baptiste Project in central British Columbia to produce refined nickel with a significantly lower carbon footprint than other sources of production in the global nickel industry. These findings are based on the Project's recent Preliminary Economic Assessment , which outlined the development of a conventional processing facility powered by low-carbon [...]
FPX Nickel Corp. is pleased to provide a year-end review of the Company's accomplishments in 2020 that provide a strong foundation for increased activities in 2021. Highlights Publication of a Preliminary Economic Assessment for the Baptiste Project at the Company's 100%-owned Decar Nickel District in central British Columbia showing robust economics: Mine life of 35 years and after-tax payback of 4.0 years After-tax net [...]
FPX Nickel Corp. announces the resignation of Stuart Harshaw as a director of the Company. Mr. Harshaw has recently taken on a role as President and CEO of another mining company, limiting his capacity to act on public company boards. “Stuart has been a valuable contributor to FPX Nickel as both an advisor and board member,” commented the Company’s Chairman, Peter Bradshaw. “He has played an important role in helping us [...]
FPX Nickel Corp. is issuing this news release in response to a request by the Investment Industry Regulatory Organization of Canada to comment on recent trading activity of its stock. IIROC monitors continuous trading in all listed issuers. The Company is not aware of any material, undisclosed corporate developments and has no material change in its business or affairs that has not been publicly disclosed that would [...]
