FPX Nickel Announces CFO Transition and Succession Plan
Suite 320 – 1155 West Pender Street
Vancouver, BC Canada V6E 2P4
Tel: 604.681.8600
e-mail: [email protected]
FPX Nickel Announces CFO Transition and Succession Plan
Vancouver, July 21 , 202 3 – FPX Nickel Corp. (TSX-V: FPX, OTCQB: FPOCF ) (“FPX” or the
“Company”) is pleased to report a t ransition and success ion plan for the role of the Company’s Chief
Financial Officer and Corpora te S ecretary. FPX’s current and long -serving CFO and Corporate
Secretary, Mr. Chris Mitchell, has informed the Company of his intention to retire on a flexi ble timeline
in the second half of 2023 or early 202 4. As part of a planned transi tion process, the Company has
commenced a search for a new CFO and Corporate Secretary, and Mr. Mitchell will remain available to
the Company on an as-needed basis to support an orderly changeover of duties to his successor.
“Following a 30-year career in the minerals exploration and development sector, Chris joined the
Company in July 2003 ,” commented Peter Bra dshaw, FPX ’s Ch airman. “Since then, he has been an
integral part of FPX ’s senior leadership gr oup as we advanced our flagship Baptiste pro ject from
discovery drilling in 2010 to the upcoming preliminary feasibility study this S eptember. On behalf of
FPX’s board , management, and shareholders, I would like to thank Chris for his many years of
professional service, greatly valued counsel and keen sense of humour. Throughout his tenure, Chris has
gone above and beyond in service to the Company, consistently demonstrating attention to detail, and
ethical and comm itted leadership for the benefit of all FPX stakeholders. Chris will be missed , and we
wish his family and him the very best in his well-deserved retirement.”
About the Decar Nickel District
The Comp any’s Decar Nickel District r epresents a large -scale greenfi eld discovery of nickel
mineralization in the form of a naturally occurri ng nickel-iron alloy called awaruite (Ni 3Fe) hosted in an
ultramafic/ophiolite complex. FPX’s mineral claims cover an area of 245 km 2 west of the Middl e River
and north of Trembleur Lake, in central British Columbia. Awaruite mineralization has been identified in
several target areas within the ophioli te complex including the Baptiste Deposit and the Van Target, as
confirmed by drilling, petrographic ex amination, electron probe analy ses and outcrop sampling. Since
2010, approximately US $28 million has been spent on the exploration and development of Decar.
Of the four targets in the Decar Nickel District, the Baptiste Deposit has been the focus of increasing
resource definition (a total of 99 holes and 33,700 m of drilling completed), as well as environmental and
engineering studies to evaluate it s pot ential as a bulk -tonnage open pit mining project. The Baptiste
Deposit is located within the Bapt iste Creek watershed, on the tr aditional and unceded territory of
Tl’azt’en Nation and Binche Whut’en First Nation, and within several Tl’azt’enne and Binche Whut’enne
keyohs. FPX has conducted mineral exploration activities to date subject to the conditio ns of our
agreements with the Nations and keyoh holders.
About FPX Nickel Corp.
FPX Nickel Corp. is fo cused on the exploration and development of the Decar Nickel District, located in
central British Columbia and other occurrences of awaruite mineralization. For more information, plea se
view the C ompany’s website at www.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
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 con ditions and so involve inherent risk s and uncertainties, as disclosed in the Company's
periodic filings with Canadian securities regulators. Actual results could differ f rom those cur rently
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.