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.