FPX Nickel Corp. is pleased to announce that in connection with the $14.4 million strategic investment by Sumitomo Metal Mining Canada Ltd. which closed on January 22, 2024, the Company's three strategic investors have fully exercised their participation rights to re-establish their respective initial ownership interest in FPX's issued and outstanding common shares . In connection with the exercise of the participation rights, the Company has completed an additional private placement through the issuance of a total of 8,981,971 Common Shares of the Company to the three strategic investors at a price of $0.48 per Common Share, for gross proceeds of $4,311,346. On completion of the Private Placement, FPX has a cash position of approximately $45 million, which the Company estima...