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FPX Nickel Announces Renewal of Normal Course Issuer Bid
FPX Nickel Corp. (TSXV: FPX) (OTCQB: FPOCF) ("FPX" or the "Company") is pleased to announce that the TSX Venture Exchange (the "Exchange") has accepted the...
About this update from Fpx Nickel Corp
[{"type":"text","content":"VANCOUVER, BC, Dec. 4, 2025 /CNW/ - FPX Nickel Corp. (TSXV: FPX) (OTCQB: FPOCF) ("FPX" or the "Company") is pleased to announce that the TSX Venture Exchange (the "Exchange") has accepted the Company's notice to renew its Normal Course Issuer Bid (the "Renewal NCIB") for common shares in the capital of the Company ("Common Shares") through the facilities of the Exchange.","length":427,"tagName":"p"},{"type":"image","alt":"FPX Nickel logo (CNW Group/FPX Nickel Corp.)","displaySize":"","headline":null,"caption":"FPX Nickel logo (CNW Group/FPX Nickel Corp.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":180,"url":"https://media.zenfs.com/en/cnwgroup.com/b0080e07f256b8a491609dedbff41775"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/48q1U0d1QgrFUq2eLPleAw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTMxNztjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/b0080e07f256b8a491609dedbff41775","width":400,"height":180}},"href":"https://mma.prnewswire.com/media/2838011/FPX_Nickel_Corp__FPX_Nickel_Announces_Renewal_of_Normal_Course_I.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Pursuant to the Renewal NCIB, the Company may purchase for cancellation up to 5,000,000 Common Shares over the 12-month period commencing December 9, 2025 and ending on December 8, 2026, representing approximately 2% of the Company's issued and outstanding Common Shares.","length":275,"tagName":"p"},{"type":"text","content":"Purchases of Common Shares will be carried out in the open market through the facilities of the Exchange, in compliance with regulatory requirements at the prevailing market price of the Common Shares at the time of acquisition. The actual number of Common Shares that may be purchased for cancellation and the timing of any such purchases will be determined by the Company and dependent on market conditions. Cormark Securities will continue to conduct the Renewal NCIB on the behalf of the Company.","length":500,"tagName":"p"},{"type":"text","content":"The Company believes that the market price of its Common Shares is undervalued and does not fully reflect the value of the Company's assets and future prospects. Accordingly, the Company considers the Renewal NCIB is in the best interest of the Company, a desirable use of its avail...