FPX Nickel Announces Board and Management Changes
Suite 320 – 1155 West Pender Street
Vancouver, BC Canada V6E 2P4
Tel: 604.681.8600
e-mail: [email protected]
FPX Nickel Announces Board and Management Changes
Vancouver, B.C. April 29, 2025 – FPX Nickel Corp. TSX-V: FPX, OTCQB: FPOCF) (“FPX” or the
“Company”) is pleased to announce the appointment of Dan Apai, P. Eng., as the Company’s Vice
President, Projects effective May 1, 2025. Mr. Apai succeeds Andrew Osterloh, who will be departing his
role as a Company employee on May 9, 2025. Further, the Company is pleased to announce that Mr.
Osterloh will be nominated for election as a Board member at the Company’s annual general meeting to be
held on June 26, 2025.
Martin Turenne, President and CEO of FPX stated, “On behalf of the Board of Directors, I would like to
thank Andrew for his dedication and service to the Company. During Andrew’s tenure and under his
leadership, the Company has significantly improved the development basis for the Baptiste Nickel Project,
including progressing technical maturity in the areas of metallurgy, engineering, and execution planning.
We are grateful for his efforts and wish him the very best going forward.”
Mr. Turenne continued, “I am delighted to welcome Dan to our senior management team. Dan has been a
valuable contributor since he joined the Company in January 2023 as our Engineering Manager. Dan brings
a wealth of knowledge from prior experience developing and commissioning multiple large-scale projects
and his deep familiarity with Baptiste will ensure a smooth transition as we further advance the Project.”
“We are very happy to welcome Andrew to the FPX Board,” commented the Company’s Chairman, Peter
Bradshaw. “Andrew has demonstrated exceptional leadership in progressing Baptiste through the
development of the prefeasibility and refinery studies. His deep understanding of the Project and strategic
insights will be a significant asset to our Board. We look forward to his contributions as a Board member
to the Company’s continued success.”
Mr. Osterloh joined FPX in June 2021, bringing with him extensive experience from project management
roles at Fluor Canada and site operations positions at several notable mining projects, including Eskay
Creek (that is now being redeveloped by Skeena Gold & Silver ) and Huckleberry, operated by Imperial
Metals, both located in British Columbia. Mr. Osterloh will be assuming the role of VP, Engineering &
Construction at Skeena Gold & Silver , as the Company undertakes redevelopment of the Eskay Creek
Project.
Mr. Apai, the Company’s Engineering Manager since January 2023, has over twenty years’ mining industry
experience in civil engineering and engineering management over a diverse range of projects. As Principal
Civil Engineer for Fluor Canada, he led study and detailed engineering works for numerous large -scale
mining projects for clients including Teck, Newmont, BHP, First Quantum, Glencore, Josemaria Resources,
and Newcrest. Dan’s technical expertise includes site layout, earthworks, water management, linear
facilities (i.e., roads, powerlines, pipelines), and water supply systems – all elements that strongly influence
the capital intensity, permitability, and o perability of mining projects. Mr. Apai is a Member of the
Association of Professional Engineers of British Columbia and holds a Bachelor of Engineering from the
University of Western Australia.
About the Baptiste Nickel Project
The Company’s Baptiste Nickel Project represents a large -scale greenfield discovery of nickel
mineralization in the form of a sulphur -free, nickel -iron mineral called awaruite (Ni 3Fe) hosted in an
ultramafic/ophiolite complex. The absence of sulphur and our ability to connect to the BC Hydro grid
means that Baptiste has the potential to be one of the lowest carbon-intensive nickel producers in the world
and will produce a very high grade product that does not required any intermediate smelting or complex
refining. The Baptiste mineral claims cover an area of 453 km2 west of Middle River and north of
Trembleur Lake, in central British Columbia. In addition to the Baptiste Deposit itself, awaruite
mineralization has been confirmed through drilling at several target areas within the same claims package,
most notably at the Van Target which is located 6 km to the north of the Baptiste Deposit. Since 2010,
approximately US$55 million has been spent on the exploration and development of Baptiste.
FPX has conducted mineral exploration activities to date subject to the conditions of agreements with First
Nations and keyoh holders.
About FPX Nickel Corp.
FPX Nickel Corp. is focused on the exploration and development of the Baptiste Nickel Project, located
in central British Columbia, and other occurrences of the same unique style of naturally occurring nickel -
iron alloy mineralization known as awaruite. For more information, please view the Company’s website at
https://fpxnickel.com/ or contact Martin Turenne, President and CEO, at (604) 681 -8600 or
On behalf of FPX Nickel Corp.
“Martin Turenne”
Martin Turenne, President, CEO and Director
Forward-Looking Statements
Certain of the statements made and information contained herein is considered “forward -looking
information” within the meaning of applicable Canadian securities laws. These statements address future
events and conditions and so involve inherent risks and u ncertainties, as disclosed in the Company’ s
periodic filings with Canadian securities regulators. Actual results could differ from those currently
projected. The Company does not assume the obligation to update any forward-looking statement.
Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the
adequacy or accuracy of this release.