FPX Nickel Corp. is pleased to announce it has entered into 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 new C$4 million loan from Peter Bradshaw, the Company’s Chairman and largest shareholder, on terms consistent with the Company’s arm’s length [...]
FPX Nickel Corp. is pleased to announce positive results from metallurgical testing on the Baptiste Deposit at its 100%-owned Decar Nickel District in central British Columbia. The metallurgical testing achieved meaningful improvements over the results of previous metallurgical test work used as a basis for the Project’s 2013 preliminary economic assessment , demonstrating significant increases in estimated nickel [...]
FPX Nickel Corp. is pleased to announce that it has commenced a metallurgical study on the Baptiste Deposit at its 100%-owned Decar Nickel District in central British Columbia. The objective of this study is to improve upon the results of previous metallurgical test work used as a basis for the Project’s 2013 preliminary economic assessment . The current test program has the potential to demonstrate significant [...]
VANCOUVER, British Columbia, May 23, 2018 -- FPX Nickel Corp. is pleased to announce the results of its 2018 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 [...]
VANCOUVER, British Columbia, April 12, 2018 -- FPX Nickel Corp. is pleased to report that it has filed on SEDAR the Independent National Instrument 43-101 technical report on the resource update for the Company’s Baptiste Deposit at its 100%-owned Decar Nickel District in central British Columbia, prepared by Equity Exploration Consultants Ltd. and GeoSim Services Inc. and dated February 26, 2018. The technical [...]
VANCOUVER, British Columbia, March 23, 2018 -- FPX Nickel Corp. announces that a total of 3,800,000 options have been granted to the Company’s directors, officers and employees. The options have an exercise price of $0.15 per share and will expire on March 22, 2023. 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 [...]
British Columbia, March 19, 2018 -- FPX Nickel Corp. is pleased to report that it has closed its previously announced non-brokered private placement for gross proceeds of $1,470,000 . The Company expanded the originally announced private placement from 5,416,666 shares to 12,250,000 shares for gross proceeds of $1,470,000 . The proceeds raised from the Offering will be used for the Company’s ongoing internal [...]
British Columbia, March 14, 2018 -- FPX Nickel Corp. is pleased to announce that as a result of positive investor response to its previously announced private placement offering of 5,416,666 common shares of the Company at a price of $0.12 per Common Share for gross proceeds of $650,000 , the Company has decided to increase the size of the offering up to a maximum of 12,250,000 Common Shares at the Issue Price, for [...]
British Columbia, Feb. 26, 2018 -- FPX Nickel Corp. is pleased to announce that it has arranged a non-brokered private placement to raise gross proceeds of up to $650,000 . The Offering will consist of up to 5,416,666 common shares at $0.12 per Share in the capital stock of the Company. Insiders of the Company intend to participate in the Offering and a finder’s fee may be payable on a portion of the Offering. All [...]
VANCOUVER, B.C., Feb. 26, 2018 -- FPX Nickel Corp. is pleased to announce an updated National Instrument 43-101 mineral resource estimate on the Company’s Baptiste Deposit at its 100%-owned Decar Nickel District in central British Columbia. The updated estimate includes additional drilling and assays from work completed during 2017 , with considerable updates and modifications to geologic interpretation, block model [...]
VANCOUVER, British Columbia, Jan. 15, 2018 -- FPX Nickel Corp. is pleased to announce new assay results of bedrock samples from the Van Target at the Company’s Decar Nickel District in central British Columbia. These results demonstrate that the surface expression of the Van target is larger in area and similar in Davis Tube magnetically-recovered nickel values to Decar’s PEA-stage Baptiste nickel deposit [...]
