representative work

Outokumpu Completes Strategic $16 Million Investment in FPX Nickel


On May 30, 2023, FPX Nickel Corp. completed a private placement financing with strategic investor, Outokumpu Oyj, where FPX issued 26,800,000 common shares at a price of $0.60 per common share for gross proceeds of approximately $16 million.

Outokumpu now owns approximately 9.9% of FPX’s issued and outstanding common shares on a non-diluted basis.

Cassels acted for Outokumpu Holding Nederland B.V., a wholly-owned subsidiary of Outokumpu Oyj.