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FPX.V ·

FPX Nickel Announces Board Appointment of Anne Currie, Former Senior Partner with Environmental Resources Management (ERM)

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 Appointment of Anne Currie, Former

Senior Partner with Environmental Resources Management (ERM)

Vancouver, April 12, 2022 – FPX Ni ckel Corp. (TSX-V: FPX, OTCQB: FPOCF ) (“FPX” or the

“Company”) is pleased to announce the appointment of Anne Currie to the Board of Directors, effective

immediately. Ms. Currie is a recognized leader in the permitting of major Canadian mining projects, with

over 30 years of experience in the private and public sector, in cluding as a former senior partner with the

leading global consultancy Environmental Resources Management ( “ERM”), and in her pri or role as

British Columbia’s Chief Gold Commissioner, the chief regulatory authority for the Mineral Tenure Act.

“We are v ery happy to welcome Anne to the FP X Board,” commented the Company’s Chairman, Peter

Bradshaw. “Anne has an exceptional track reco rd in steering the environmenta l assessmen t and

permitting processes for major mining projects in British Columbia, including for the KSM, Brucejack,

Kemess Underground, and Blackwater projects. As a recognized leader in the Canadian mining industry,

she will help us to advance our fla gship Baptiste Deposit at the Decar Nick el District , and support

management in fostering the development of relationships with government officials at the regional,

provincial and federal levels, and with our Indigenous partners.”

In her present role, Ms. Currie is a dvising Canadian mining companies on pe rmitting applications,

stakeholder and Indigenous engagement, and sustainability and ESG reporting and disclosure. She holds

a Bachelor of Science from the University of Gu elph and a Master of Public Administration from the

University of Victoria.

The appointment of Ms. Currie is subject to receipt of approval from the T SX Venture Exchange and the

Securities Regulatory Au thorities. M s. Currie has been granted options on 25 0,000 shares of the

Company’s common stock, exercisable at a price of $0.80 per share for a five-year period commencing on

April 11, 2022.

About the Decar Nickel District

The Company’s Decar Nickel Dis trict claims cover 245 km 2 of the Mount Sidney Willia ms

ultramafic/ophiolite complex, 90 km northwest of Fort St. James in cen tral British Columbia. The district

is a two-hour drive from Fort St. James on a high-speed logging road.

Decar hosts a greenfiel d discovery of nickel mine ralization in the form of a naturally occurring nickel -

iron alloy called awaruite (Ni 3Fe), which is amenable to bulk -tonnage, open -pit mining. Awaruit e

mineralization has been id entified in four target areas within this ophiolite complex, being the Baptist e

Deposit, and the B, Sid a nd Van targets, as confirmed by drilling , petrographic examination, elect ron

probe analyses and outcrop samp ling on all four targets. Since 2010, appr oximately US $28 million has

been spent on the exploration and development of Decar.

Of the four targ ets in the Decar Nickel District, the Baptiste Deposit, which was initial ly the most

accessible and had the biggest known s urface footprint, has been t he focu s of diamond drilling since

2010, with a tota l of 99 holes and 33,700 m of drilling completed. Th e Sid t arget was tested with two

holes in 2010 and the B target had a sin gle hole drilled in 2011; all three holes intersected nickel-iron

alloy mineralization over wide intervals with DTR nickel grades comparable to the Baptiste Deposit. The

Van target was not drill-tested at that time as bedrock exposures in the area were very poor prior to more

recent logging activity. In 2021, the Company executed a maiden drilling pr ogram at Van, which has

returned promising results comparable with the strongest results at Baptiste.

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 s ame unique style of natura lly occurring nickel-

iron alloy mineralization known as awaruite. For more information, please view the Company’s website

at www.fpxnickel.com or contact Mar tin Tu renne, Pr esident and CEO, at (60 4) 681 -8600 or

[email protected].

On behalf of FPX Nickel Corp.

"Martin Turenne"

Martin Turenne, President, CEO and Director

Forward-Looking Statements

Certain of the statem ents m ade and i nformation contai ned he rein is considered “ forward-looking

information” within the meaning of applicable Canadian securities laws. These statements address future

events and cond itions and so i nvolve inherent risks and un certainties, as disc losed in the Co mpany's

periodic filings with Canadian secu rities regulators. Actual r esults could differ from those currently

projected. The Company does not assume the obligation to update any forward-looking statement.

Neither the TS X Ventu re Exchange n or its Regulation Services Provi der ac cepts responsibility for the

adequacy or accuracy of this release.