FPX Nickel Corp. is pleased to report that it has closed its previously announced non-brokered private placement of 8,333,332 shares at $0.18 per share for gross proceeds of $1,500,000 . The closing follows receipt of Conditional Acceptance of the Offering from the TSX Venture Exchange . Within the next several days, FPX will be submitting the documentation needed the enable the Exchange to issue its Final Acceptance of [...]
FPX Nickel Corp. is pleased to announce that it has appointed BBA Inc. as lead engineer and consultant for the preparation of an updated National Instrument 43-101 preliminary economic assessment report on the Company’s Baptiste Deposit at its 100%-owned Decar Nickel District in central British Columbia. Completion of the PEA is expected in the late third quarter or fourth quarter of 2020. “We are pleased to [...]
FPX Nickel Corp. is pleased to report that successful leach testing of high-grade nickel concentrates from its 100%-owned Decar Nickel District has confirmed nickel recoveries up to 99.5% in producing a high-concentration nickel-cobalt chemical solution suitable for the electric vehicle battery supply chain. The results of this test program position Decar as a potentially significant supplier of nickel for both the [...]
FPX Nickel Corp. is pleased to report that it will undertake pressure leaching test work to evaluate the amenability of leaching high-grade nickel concentrates from its 100%-owned Decar Nickel District . If successful, this test work will position Decar as a potentially significant supplier of nickel for the electric vehicle battery market. As described in the Company’s news release dated August 6, 2019 [...]
FPX Nickel Corp. is pleased to report that it has closed its previously announced non-brokered private placement of 8,333,333 shares at $0.15 per share for gross proceeds of $1,250,000 . The Company expanded the originally announced private placement from 8,000,000 shares to 8,333,333 shares for gross proceeds of $1,250,000 . The proceeds raised from the Offering will be used for the Company’s ongoing internal [...]
FPX Nickel Corp. is pleased to announce that, further to its announcement on March 25, 2019, it has closed the amended and new loan agreements to extend the maturity of its long-term debt from September 4, 2020 to September 4, 2022 and September 4, 2025. The Company’s debt refinancing is underpinned by a C$4 million loan from Peter Bradshaw, the Company’s Chairman and largest shareholder, on terms consistent [...]
FPX Nickel Corp. is pleased to announce that as a result of positive investor response to its previously announced private placement offering of 8,000,000 common shares of the Company at a price of $0.15 per Common Share for gross proceeds of $1,200,000 , the Company has decided to increase the size of the offering up to a maximum of 8,333,333 Common Shares at the Issue Price, for aggregate gross proceeds of up to [...]
FPX Nickel Corp. is pleased to announce that it has arranged a non-brokered private placement to raise gross proceeds of up to $1,200,000 . The Offering will consist of up to 8,000,000 common shares at $0.15 per Share in the capital stock of the Company. Insiders of the Company intend to participate in the Offering. All the securities issued pursuant to this private placement will be subject to a four month hold period [...]
FPX Nickel Corp. is pleased to announce excellent results from metallurgical optimization testing on the Baptiste Deposit at its 100%-owned Decar Nickel District in central British Columbia. The metallurgical testing conducted during the March-to-July 2019 period achieved significant improvements over test results previously reported by the Company on February 25, 2019, confirming an estimated 4% increase in projected [...]
FPX Nickel Corp. is pleased to note the Government of Canada’s announcement that it will make a $2 million investment to support innovation in the study of carbon capture and storage at mining sites, including proposed field work at the Company’s Decar Nickel District in central British Columbia. The research program is a collaboration between academic institutions including the University of British Columbia [...]
FPX Nickel Corp. is pleased to announce the results of its 2019 Annual General and Special Meeting held earlier today. At the meeting, the shareholders voted to set the number of Board members at seven and elected Peter M.D. Bradshaw, James S. Gilbert, Peter J. Marshall, John A. McDonald, William H. Myckatyn, Robert B. Pease and Martin E. Turenne as directors of the Company to hold office for the ensuing year. The [...]
FPX Nickel Corp. announces that a total of 2,900,000 stock options have been granted to the Company’s directors, officers and employees. The stock options have an exercise price of $0.20 per share and will expire on March 28, 2024. About FPX Nickel Corp. FPX Nickel Corp. is focused on the exploration and development of the Decar Nickel-Iron Alloy Project, located in central British Columbia, and other occurrences of [...]
