FPX Nickel arranges $3.2-million placementFPX are raising $3.2M at 55c per share to drill at Baptiste and Van, and to do further met testing and market testing. They are also converting Peter Bradshaw's $4.3M loan into shares. A pretty big vote of confidence from him.
This will add a further 13.5M shares to the float, an increase of roughly 8%.
https://fpxnickel.com/2020/10/fpx-nickel-announces-private-placement-and-settlement-of-long-term-debt-for-equity/