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FPX.V ·

FPX Nickel Appoints Market Maker

Marketing Announcement

Suite 320 – 1155 West Pender Street

Vancouver, BC Canada V6E 2P4

Tel: 604.681.8600

e-mail: [email protected]

FPX Nickel Appoints Market Maker

Vancouver, March 1 , 2024 – FPX Ni ckel Corp. (TSX-V: FPX, OTC QB: FPOCF ) (“FPX” or the

“Company”) is pleased to announce that it has retained PI Financial Corp. ( “PI”) to provide market -

making services in accordance with the TSX Venture Exchange (“TSX-V”) Policies.

PI, an investment dealer located in Vancouver, British Columbia, will trade the securities of FPX on the

TSX-V, adhering to regulatory exchange policies to maintain a reasonable, fair market and to enhance the

liquidity of the Compan y's shares (“Market Making Services”). In consideration of the Market Making

Services, the Company will pay PI a monthly fee of $5,000 for a minimum term of three months . After

three months, the agreement with PI ma y be terminated by the Company at any time upon 30 days ’

written notice. FPX and PI are un related and unaffiliated entities. PI will not receive shares or options as

compensation and the capital used for market-making will be provided by PI.

About the Decar Nickel District

The Compa ny’s Decar Nickel District represents a large -scale greenfield discovery of nickel

mineralization in the form of a naturally occurring nickel -iron mineral called awaruite (Ni3Fe) hosted in

an ultramafic/ophiolite complex. FPX’s mineral claims cover an are a of 245 km 2 west of the Middle

River and nort h of Trembleur Lake, in central Britis h Columbia. Awaruite mineralization has been

identified in several target areas within the ophiolite complex including the Bapti ste Deposit and the Van

Target, as confirmed by drilling, petrographic examination, electron probe analyses and outcrop sampling.

Since 2010, approximately US $30 million has been spent on the exploration and development of Decar.

Of the four ta rgets in the Decar Nickel District, the Baptiste Dep osit has been the focus of increasing

resource definition (a total of 99 holes and 3 3,700 m of drilling completed), as well as environmental an d

engineering studies to evaluate its potential as a bulk -tonnage open pit mining project. The Baptiste

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

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

FPX has condu cted 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 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 results could differ materially f rom those

currently projected by management at the time of writing due to many factors the majority of which are

beyond the control of FPX and its management. In particular, this news release contains forward-looking

statements pertaining, directly or indirectly, to the following: the duration of the Marketing Ma king

Services and the frequency of any trades in connection with the Market Maki ng Services . These

statements speak only as of the date of this release or as of the date specified in the documents

accompanying this release, as the case may be. The Company does not assumes the obligation to update

any forward-looking statement except as expressly required by applicable securities law.

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.