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FPX.V ·

FPX Nickel Advances Baptiste Project Engagement Initiatives with Opening of Community Office in Fort St. James

Corporate Updates

Suite 320 – 1155 West Pender Street

Vancouver, BC Canada V6E 2P4

Tel: 604.681.8600

e-mail: [email protected]

FPX Nickel Advances Baptiste Project Engagement Initiatives with

Opening of Community Office in Fort St. James

Vancouver, June 26, 2024 – FPX Nickel Corp. (TSX-V: FPX, OTCQB: FPOCF) (“FPX Nickel” or the

“Company”) is pleased to announce the opening of a Fort St . James office (“Community Office”) and

hiring of a locally-based Community Manager to support ongoing and increased engagement with First

Nation governments and with local businesses and communities for the Baptiste Nickel Project (“Baptiste”

or “ the Project”). These measures are being implemented to support the Company’s commitments to

collaboration for responsible project development, in particular with the First Nations whose territories

encompass the proposed mine project area , including the Tl’azt’en Nation, the Binche Whut’en, the

Yekooche First Nation, and the Takla Nation.

Establishment of the Community Office will ensure dedicated full-time local operations, commensurate

with current and broadening community and First Nation engagement initiatives. The Company is grateful

to open this office on the territory of the Nak’azdli Whut’en, and looks forward to becoming a positive

contributor to the business community in the District of Fort St. James.

“In preparation for our entry into the Provincial and Federal environment assessment next year, we are very

pleased to establish a full-time, year-round local presence in Fort St. James to support our engagement

activities for the Baptiste Nickel Project,” said Martin Turenne, FPX Nickel’s President and CEO. “ We

are committed to advancing Baptiste in partnership with members of local communities, and to maximizing

opportunities for employment and business development opportunities across the region and have

established our Community Office as a hub to facilitate collaboration across all aspects of the Project.”

FPX has recently hired a full -time Fort St. James-based Community Manager, Jonathan Gibson, who is a

community member and experienced in business development in the natural resource and construction

industries, and who will manage Community Office operations. Key priorities for the Community Office

will be identifying business opportunities for local and Indigenous -owned businesses, and seeking local

community feedback early so that this can be incorporated into the design of the Baptiste Nickel Project.

The Company will be hosting a public community Open House to be held over two days on August 12th

and 13th, 2024. The Open House will be held at Kwah Hall, located at 100 Highway 27, Fort St James,

B.C.

Figure 1 – FPX Nickel’s New Community Office in Fort St. James BC

Figure 2 – FPX Nickel Board of Directors Meeting June 2024, Fort St James, BC

(Board Members from left: Peter Marshall, Kim Baird, Jim Gilbert, Peter Bradshaw, Anne Currie,

Rob Pease, Martin Turenne)

About the Decar Nickel District

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 Baptiste mineral claims cover an area of 408 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 $30 million has been spent on the exploration and development of Baptiste.

The Baptiste Deposit is located within the Baptiste Creek watershed, on the traditional territories of the

Tl’azt’en Nation and the Binche Whut’en, and within several Tl’azt’enne and Binche Whut’enne keyohs.

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 Decar Nickel District, 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

[email protected].

On behalf of FPX Nickel Corp.

"Martin Turenne"

Martin Turenne, President, CEO and Director

Email: [email protected]

Phone: 604-681-8600

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.