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FPX Nickel Provides Update on 2025 Community Initiatives

Corporate Updates

Suite 320 – 1155 West Pender Street

Vancouver, BC Canada V6E 2P4

Tel: 604.681.8600

e-mail: [email protected]

FPX Nickel Provides Update on

2025 Community Initiatives

Vancouver, April 22, 202 5 – FPX Nickel Corp. (TSX-V: FPX, OTCQB: FPOCF) (“FPX” or the

“Company”) is pleased to provide an update on recent community investment initiatives. FPX is committed

to positively contributing to the communities where we operate through investments in programs or

organizations that address inequality and are strongly aligned with Company values . FPX established the

Community Office in 2024 in Fort St. James, which is located approximately 90 km from the Baptiste

Nickel Project (the “Project”). The Company hosts regular open houses which offer the opportunity for

local community members to learn about the Company, its employees, and the Project, and to provide early

feedback to inform the Company’s activities.

“Through early community feedback, we have heard about the importance of access to education and

training, and about finding meaningful ways to support the people and programs in the communit ies in

which we operate to help create lasting, positive impacts,” commented Martin Turenne, FPX’s President

and CEO. “We are pleased to provide an update on two important initiatives, our Student Bursary Program

and Community Investment Program. We are thrilled to have made these contributions so far in 2025 and

look forward to continuing to support other important local community-driven initiatives, aligned with our

core values of safety, respect, and collaboration.”

FPX Community Manager Jon Gibson is the proud coach of the Fort St. James U15 minor hockey team.

Student Bursary Program

The Company is pleased to announce the establishment of a Student Bursary Program (Building Brighter

Futures: Bursaries, Scholarships and Awards ) through Indspire, a Canadian Indigenous -led charity that

invests in the education of First Nations, Inuit, and Métis individuals through scholarships, mentorship, and

community-driven programs.

FPX has funded a total value of $25,000 for 2025. Selection of candidates is completed independently by

Indspire, with the amount awarded to each successful recipient determined at Indspire’s discretion based

on financial need. The value of awards ranges from $3,500 to $5,000. FPX is very pleased to announce the

first two bursary awards have been granted to recipients from Binche Whut’en and Takla Nation.

The next application intake deadline is August 1, 2025. Details on eligibility and how to apply can be found

on the Indspire website: https://indspirefunding.ca/fpx-nickel/

Community Investment Program

In the first quarter of 2025, FPX launched the Community Investment Program, with a total funding value

of $50,000. The objective of the program is to drive meaningful, positive impact in the communities where

the Company operates. Investments are considered on an ongoing basis and prioritized based on initiatives

that address inequality and closely align with core Company values of safety, respect, and collaboration.

Investments made in the first quarter of 2025 include:

• Free Public Skating (District of Fort St James): A donation from FPX funded free public skating

at the Fort Forum for the 2024/2025 public skating season.

• Indigenous Night Hockey Game (Takla Nation): FPX provided a contribution for Takla Elders

and family to attend the Prince George Cougars Indigenous Night hockey game on January 24,

2025.

• Annual Trail Maintenance Fundraising ( Fort St . James Snowmobile Club ): FPX p rovided

support for the Fort St. James Snowmobile Club through a donation to their annual Poker Ride held

March 1, 2025, w hich brings communities together to enjoy the outdoors and helps fund

maintenance of trails to keep them in safe condition.

• Hobiyee Ceremony Attendance (Fort St. James Secondary School Boys and Girls Club): FPX

provided a contribution to the Ntsoo ookw’un’a ‘int’oh and Ts’iyaz Nus Indigenous & Culture

Knowledge Girls and Boys program at Fort St. James Secondary School for students to attend the

Hobiyee full moon ceremony in New Aiyansh on February 19-23, 2025.

• Ndi yun k’ut khusna 2025 (On This Living Land) (Nak’azdli Whut ’en): FPX p rovided a

contribution to the Ndi yun k’ut khusna 2025 (On This Living Land) event to be held in May.

Formerly called “Wildlife Week”, this annual event serves as a valuable forum for communities,

partners, participants, and individuals to exchange knowledge and engage in discussions around

wildlife management and conservation efforts.

• “Walk a Mile in My Moccasins ” Golf Tournament (Sasuchan Development Corp , Takla

Nation): FPX is a silver sponsor of the “Walk a Mile in My Moccasins” golf tournament on June

19, 2025. All proceeds from this event will benefit the Nus Wadeezuhl Community School in Takla

Landing, to support upgrades to technology and cultural programs for students.

Shape the Future of our Work

FPX is committed to finding meaningful ways to support the people and programs in the communities in

which we operate to create lasting, positive impacts. To inform us about new programs or initiatives or to

apply for the Community Investment Program, please reach out to our team, in-person at our Community

Office at 602 Stuart Drive West, Fort St. James, or by email at: [email protected].

Learn More

Below are some ways that you can learn more about the Baptiste Nickel Project:

• Attend one of our open houses: https://fpxnickel.com/community/upcoming-events/

• Read our quarterly community newsletter: https://fpxnickel.com/community/newsletter/

• Visit our Facebook page: https://www.facebook.com/FPXNickel/

About the Baptiste Nickel Project

The Company’s Baptiste Nickel Project represents a large -scale greenfield discovery of nickel

mineralization in the form of a sulphur -free, nickel -iron mineral called awaruite (Ni 3Fe) hosted in an

ultramafic/ophiolite complex. The absence of sulphur and our ability to connect to the BC Hydro grid

means that Baptiste has the potential to be one of the lowest carbon-intensive nickel producers in the world.

The Baptiste mineral claims cover an area of 408 km2 west of Middle River and north of Trembleur Lake,

in central British Columbia. In addition to the Baptiste Deposit itself, awaruite mineralization has been

confirmed through drilling at several target areas within the same claims package, most notably at the Van

Target which is located 6 km to the north of the Baptiste Deposit. Since 2010, approximately US $ 55

million has been spent on the exploration and development of Baptiste.

FPX has conducted 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 Baptiste Nickel 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

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

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.