FPX Nickel Announces Increase to Private Placement

Suite 725 – 1155 West Pender Street

Vancouver, BC Canada V6E 2P4

Tel: 604.681.8600

e-mail: [email protected]

March 14, 2018

FPX Nickel Announces Increase to Private Placement

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES

OR FOR DISSEMINATION IN THE UNITED STATES

Vancouver, March 14, 2018 – FPX Nickel Corp. (FPX-TSX.V) (“FPX Nickel ” or the

“Company”) is pleased to announce that as a result of positive investor response to its previously

announced private placement offering of 5,416,666 common shares (“Common Shares”) of the

Company at a price of $0.12 per Common Share (the “Issue Price”) for gross proceeds of $650,000

(see news release dated February 26, 2018) , the Company has decided to increase the size of the

offering up to a maximum of 12,250,000 Common Shares at the Issue Price, for aggregate gross

proceeds of up to $1,470,000 (the “Private Placement”).

The proceeds raised from the Private Placement will be used for the Company’s ongoing internal

trade-off studies on the Baptiste Deposit at its flagship Decar Nickel District in central British

Columbia, and for general working capital purposes.

All the securities issued pursuant to this private placement will be subject to a four (4) month hold

period. The Private Placement is expected to close on or around March 16, 2018, and is subject to

certain conditions including, but not limited to, the receipt of all necessary regulatory and other

approvals, including acceptance by the TSX Venture Exchange.

About FPX Nickel Corp.

FPX Nickel Corp. is focused on the exploration and development of the Decar Nickel -Iron Alloy

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 www.fpxnickel.com or contact Martin Turenne, President

and CEO, at (604) 681-8600.

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 uncertainties,

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.