Company Name: FPX Nickel Corp.

An updated Preliminary Economic Assessment (“PEA”) on FPX Nickel Corp.’s (“company”, “FPX”) Baptiste nickel deposit showed strong improvements over a previous PEA completed in 2013, and exceeded our valuation estimate.

FPX Nickel Corp. is completing an updated Preliminary Economic Assessment on its flagship Baptiste nickel deposit in the 100% owned Decar Nickel District in central B.C.