VANCOUVER, BC, Oct. 10,
2023 /CNW/ - FPX Nickel Corp. (TSXV: FPX)
(OTCQB: FPOCF) ("FPX" or the "Company") is
pleased to announce the appointment of Felicia de la Paz as the Company's new Chief
Financial Officer and Corporate Secretary. Ms. de la Paz has over
10 years of experience in mining, having previously served as a
Senior Manager in KPMG LLP's mining practice and as the Corporate
Controller for Equinox Gold Corp. The appointment of Ms. de la Paz
is part of a planned succession plan, as previously announced by
the Company on July 21, coinciding
with the retirement of FPX's long-serving CFO and Corporate
Secretary, Chris Mitchell, who will
be retained in advisory capacity to support an orderly changeover
of duties.
"I am very pleased to welcome Felicia to FPX, where she will
assume leadership for the company's financial, compliance and
administrative functions," commented Martin
Turenne, FPX Nickel's President & CEO. "Felicia has
risen quickly through the ranks of highly-regarded teams in
Vancouver's mining ecosystem,
first with KPMG's natural resources group, and then with Equinox
Gold, where she played a key role in that company's rapid growth
via mergers and acquisitions and major project development over the
2017-22 period.
"On behalf of FPX's board, management, and shareholders, I would
like to thank Chris for his many years of professional service,
greatly valued counsel and keen sense of humour," added
Martin Turenne. "We wish his family
and him the very best in his well-deserved retirement."
Ms. de la Paz started her professional career with KPMG LLP's
audit practice in Vancouver,
culminating with her role as a Senior Manager leading large teams
in the execution of audit engagements for a variety of large and
complex organizations across multiple industries. After joining
Equinox Gold as the Corporate Controller in 2017, she was part of a
core financial leadership team overseeing corporate accounting,
financial reporting and system development, managing the successful
integration of several new acquisitions across multiple
jurisdictions, including both operating mines and large-scale
development projects. After departing Equinox, Felicia acted as the
Vice President, Finance for Vida Carbon, a carbon royalty and
streaming company, and has more recently been providing financial
and systems advisory services to public companies in the mining
sector. She is a Chartered Professional Accountant and holds a
Bachelor of Commerce (Honours) from the University of British Columbia.
FPX has granted 300,000 stock options to Ms. de la Paz. The
stock options have an exercise price of $0.40 per share and will expire on October 10, 2028.
About the Decar Nickel
District
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 (Ni3Fe)
hosted in an ultramafic/ophiolite complex. FPX's mineral claims
cover an area of 245 km2 west of the Middle River and
north of Trembleur Lake, in central British Columbia. 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
$30 million has been spent on the
exploration and development of Decar.
Of the four targets in the Decar Nickel District, the Baptiste
Deposit has been the focus of increasing resource definition (a
total of 99 holes and 33,700 m of
drilling completed), as well as environmental and engineering
studies to evaluate its potential as a bulk-tonnage open pit mining
project. The Baptiste Deposit is located within the Baptiste Creek
watershed, on the traditional and unceded territories of
Tl'azt'en Nation and Binche Whut'en, and within several Tl'azt'enne
and Binche Whut'enne keyohs. FPX has conducted mineral exploration
activities to date subject to the conditions of agreements with
First Nations and keyoh holders.
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.
On behalf of FPX Nickel Corp.
"Martin Turenne"
Martin Turenne, President, CEO
and Director
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.
Neither the TSX Venture Exchange nor its Regulation Services
Provider accepts responsibility for the adequacy or accuracy of
this release.
SOURCE FPX Nickel Corp.