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FPX Nickel Announces Inclusion in New Sprott Asset Management Nickel Miners ETF
FPX Nickel Announces Inclusion in New Sprott Asset Management Nickel Miners ETF Canada ...
About this update from Fpx Nickel Corp
[{"type":"text","content":"\n \n \n \n FPX Nickel Announces Inclusion in New Sprott Asset Management Nickel Miners ETF\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n March 23, 2023\n \n \n /CNW/ - FPX Nickel Corp. (TSXV: FPX) (OTCQB: FPOCF) (\"\n \n FPX\n \n \" or the \"\n \n Company\n \n \") is pleased to announce that it has been included in the newly launched Sprott Asset Management LP Nickel Miners ETF (\"\n \n NIKL\n \n \"), a U.S.-listed ETF focused on nickel companies that are providing a critical mineral necessary for the clean energy transition.\n \n \n \n \n \n \n \n \n \n \"We are very pleased to have met the requirements for inclusion in the new Sprott Nickel Miners ETF, representing validation of our success in advancing our PFS-stage Baptiste Nickel Project in central\n \n British Columbia\n \n ,\" commented\n \n Martin Turenne\n \n , FPX's President and CEO. \"Inclusion in this new nickel ETF has the potential to attract additional institutional investment into FPX and increase liquidity, as the ETF is expected to be an important benchmark for investors focused on nickel.\"\n \n \n \n About the Decar Nickel District\n \n \n \n The Company's Decar Nickel District represents a large-scale greenfield discovery of nickel mineralization in the form of a naturally occurring nickel-iron alloy called awaruite (Ni\n \n 3\n \n Fe) hosted in an ultramafic/ophiolite complex. FPX's mineral claims cover an area of 245 km\n \n 2\n \n west of the Middle River and north of Trembleur Lake, in central\n \n British Columbia\n \n . Awaruite mineralization has been identified in several target areas within the ophiolite complex including the Baptiste Deposit and the Van Target, as confirmed by drilling, petrographic examination, electron probe analyses and outcrop sampling.  Since 2010, approximately US\n \n $28 million\n \n has been spent on the exploration and development of Decar.\n \n \n Of the four targets in the Decar Nickel District, the Baptiste Deposit has been the focus of increasing resource definition (a tot...