31 May 20231 minute read

DLA Piper advised FPX Nickel on $16 million strategic equity investment ‎from Outokumpu

On May 30, 2023, FPX Nickel Corp. (TSX-V: FPX, OTCQB: FPOCF) (“FPX”) ‎announced that it had closed a private placement financing at a premium share price with a new ‎cornerstone strategic investor, the major global stainless steel producer, Outokumpu Oyj ‎‎(“Outokumpu”) for $16 million. ‎

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.    ‎

The Canadian deal team representing FPX included Denis Silva, Ruby Chan and Pat Teichreb.