Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Bourse de Toronto  >  FPX Nickel Corp.    FPX   CA3025911023

FPX NICKEL CORP.

(FPX)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

FPX Nickel : FPX Announces Closing of $16.1 Million Bought Deal Public Offering

04/08/2021 | 08:19am EDT

Vancouver - FPX Nickel Corp. (FPX-TSX.V) ('FPX' or the 'Company') is pleased to announce that it has closed its previously announced bought deal public offering of 24,769,800 common shares at an offering price of $0.65 per common share for gross proceeds of $16,100,370, which includes the exercise of the over-allotment option (the 'Offering').

The Offering was co-led by Paradigm Capital Inc. and Cormark Securities Inc. (together, the 'Underwriters').

The Company intends to use the net proceeds of the Offering primarily for exploration and development activities on its Baptiste Nickel Project and other properties, and for general corporate purposes.

The Offering was made in the provinces of British Columbia, Alberta and Ontario pursuant to a short form prospectus dated March 23, 2021 (the 'Prospectus'). A copy of the Prospectus is available under the Company's profile on SEDAR at www.sedar.com. The Underwriters received a cash commission equal to 6.0% of the gross proceeds from the sale of the Common Shares pursuant to the Offering and a total of 1,486,188 compensation options entitling the Underwriters to acquire common shares of the Company for a period up to April 7, 2023 at an exercise price of $0.65 per share.

The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States absent registration under United States federal and state securities laws or an applicable exemption from such United States registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the Unites States, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

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.

Contact:

Martin Turenne

Tel: (604) 681-8600

Email: ceo@fpxnickel.com

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.

(C) 2021 Electronic News Publishing, source ENP Newswire

All news about FPX NICKEL CORP.
04/08FPX NICKELá : FPX Announces Closing of $16.1 Million Bought Deal Public Offering
AQ
04/07FPX NICKELá : Rises after Reporting Completion of $16.1 Million Bought Deal Publ..
MT
04/07FPX NICKELá : Announces Closing of $16.1 Million Bought Deal Public Offering
AQ
03/18FPX Nickel Upsizes Bought Deal Financing to $14 Million
MT
03/18FPX NICKELá : IIROC Trading Resumption - FPX
AQ
03/18FPX Announces Upsize to Previously Announced Bought Deal Public Offering to $..
GL
03/17FPX Nickel Announces $10 Million Bought Deal Public Offering of Common Shares
GL
03/17FPX NICKELá : IIROC Trading Halt - FPX
AQ
03/17FPX NICKELá : Files Amended PEA Technical Report
AQ
02/22FPX NICKELá : to Host Live Webinar
AQ
More news
Financials (USD)
Sales 2020 - - -
Net income 2020 - - -
Net Debt 2020 - - -
P/E ratio 2020 -
Yield 2020 -
Capitalization 115 M 115 M -
Capi. / Sales 2020 -
Capi. / Sales 2021 -
Nbr of Employees -
Free-Float 46,0%
Chart FPX NICKEL CORP.
Duration : Period :
FPX Nickel Corp. Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 2
Average target price 0,92 $
Last Close Price 0,54 $
Spread / Highest target 93,9%
Spread / Average Target 69,6%
Spread / Lowest Target 45,3%
Managers and Directors
NameTitle
Martin Turenne President, Chief Executive Officer & Director
John Christopher Mitchell Chief Financial Officer & Secretary
Peter Martin Devenish Bradshaw Non-Executive Chairman
William Harry Myckatyn Independent Director
John Angus McDonald Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
FPX NICKEL CORP.-5.56%115
BHP GROUP10.91%167 111
RIO TINTO PLC3.53%129 548
ANGLO AMERICAN PLC27.16%52 409
GRUPO MÉXICO, S.A.B. DE C.V.22.66%39 224
SAUDI ARABIAN MINING COMPANY (MA'ADEN)41.23%18 770