FPX Nickel Corp. is pleased to announce the appointment of Kim Baird, C.M., O.B.C., Hon LL.D. to the Board of Directors, effective immediately. Ms. Baird is an accomplished leader and strategic advisor working with Indigenous communities, governments, businesses and other organizations. In her prior role as the elected Chief of the Tsawwassen First Nation, she negotiated and implemented British Columbia's first modern [...]
FPX Nickel Corp. is pleased to announce that in connection with the $14.4 million strategic investment by Sumitomo Metal Mining Canada Ltd. which closed on January 22, 2024, the Company's three strategic investors have fully exercised their participation rights to re-establish their respective initial ownership interest in FPX's issued and outstanding common shares . In connection with the exercise of the participation [...]
FPX Nickel Corp. is pleased to announce that it has closed the private placement financing with a new cornerstone strategic investor, Sumitomo Metal Mining Canada Ltd. , a wholly-owned subsidiary of Sumitomo Metal Mining Co., Ltd. , as previously announced in the Company's January 17, 2024 news release. Under the terms of the Private Placement, FPX has issued 30,104,488 common shares in the capital of the Company to SMCL [...]
FPX Nickel Corp. is pleased to announce that it has entered into a subscription agreement for a private placement financing with a new cornerstone strategic investor, Sumitomo Metal Mining Canada Ltd. , a wholly-owned subsidiary of Sumitomo Metal Mining Co., Ltd. . Under the terms of the Private Placement, FPX will issue 30,104,488 common shares in the capital of the Company to SMCL at a price of $0.48 per Private [...]
FPX Nickel Corp. is pleased to announce that CO2 Lock Corp. , its majority-owned subsidiary focused specializing in carbon capture and storage has been named by Foresight Canada as one of the Foresight 50, Canada's Most Investible Cleantech Ventures. "This recognition by one Canada's leading cleantech organization validates the progress CO2 Lock is making in advancing its carbon mineralization technology at its SAM [...]
FPX Nickel Corp. announces that further to its news release dated September 6, 2023, it has filed the associated National Instrument 43-101 Standards for Disclosure for Mineral Projects technical report for the Preliminary Feasibility Study for the Baptiste Nickel Project at its wholly-owned Decar Nickel District in central British Columbia. The report is dated October 18, 2023 and can be found under the Company's SEDAR [...]
FPX Nickel Corp. is pleased to announce the appointment of Felicia de la Paz as the Company's new Chief Financial Officer and Corporate Secretary. Ms. de la Paz has over 10 years of experience in mining, having previously served as a Senior Manager in KPMG LLP's mining practice and as the Corporate Controller for Equinox Gold Corp. The appointment of Ms. de la Paz is part of a planned succession plan, as previously [...]
FPX Nickel Corp. is pleased to provide an update on the activities of CO2 Lock Corp., its majority-owned subsidiary focused on establishing standalone operations for the permanent storage of carbon dioxide in brucite-rich serpentinized peridotite host rock. CO2 Lock has successfully completed its latest funding round, raising $1.1 million through a Simple Agreement for Future Equity from third-party investors. Proceeds of [...]
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 [...]
