FPX Nickel Corp. FPOCF

Primary Symbol: V.FPX

Metals & Mining Industrial Metals & Minerals

FPX Nickel Corp. is a Canada-based junior nickel mining company. The Company is focused on the exploration and development of the Decar Nickel District, located in central British Columbia, and other occurrences of the same style of naturally occurring nickel-iron alloy mineralization known as awaruite. It holds a 100% interest in five nickel properties, four of which are located in British Columbia (Decar, Wale, Orca, Klow), and one located in the Yukon Territory (Mich). The Company’s primary project is the Baptiste deposit (Baptiste or the Project) located within its flagship Decar Nickel District (Decar). The Mich property is located approximately 55 kilometers (kms) southeast of Whitehorse in the southern Yukon Territory. The Orca property is located approximately 35 kms east of Dease Lake and nine km from the Eagle target on the adjoining to Wale property. Klow Property is located approximately 120 kms northwest of Fort St. James and 55 kms north of the Decar Nickel District.

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FPX Nickel Corp. > Was hoping for a modest financing, ... no longer

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Post by rockport1on Apr 21, 2022 6:24pm

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Post# 34622107

Was hoping for a modest financing, ... no longer

Here I was thinking it is a good time for FPX to conduct a modest financing, maybe $5 to $10 million to keep the til topped up. As with FPX's custom of hgher price-level financings without warrants, I was hoping it would be in the $0.75-0.80 range. Looks like that is less likely to happen now.

Well, at least they have sufficient funds for the next couple of years where they don't have to raise when conditions are poor.

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