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FPX.V ·

FPX Nickel Announces Share-Based Compensation Grant

Share Capital & Compensation

Suite 320 – 1155 West Pender Street

Vancouver, BC Canada V6E 2P4

Tel: 604.681.8600

e-mail: [email protected]

FPX Nickel Announces Share-Based Compensation Grant

Vancouver, July 11, 202 5 – FPX Nickel Corp. ( TSX-V: FPX, OTCQB: FPOCF ) (“ FPX” or the

“Company”) announces that the board of directors of the Company has approved the grant of 5,305,000

stock options (the “ Options”) to directors, officers and employees of the Company pursuant to the

Company’s Share Compensation Plan. The Options have an exercise price of $0.30 per share, with a five-

year term and are fully vested on the grant date, July 10, 2025.

The Company also granted an aggregate 750,000 restricted share units (the “RSUs”) to certain officers of

the Company. The RSUs vest in three equal installments on the annual anniversaries of the grant date and

each vested RSU will entitle the holder to receive one common share of the Company or the equivalent

cash value upon settlement.

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. Fo r 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.