FPX Nickel Confirms Anticipated Timing for Completion of Preliminary Economic Assessment on Baptiste Nickel Deposit [Canadian Business Journal (Canada)]
Canadian National Railway Company (CNI)
Last canadian national railway company earnings: 4/27 04:01 pm
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Source: Canadian Business Journal
VANCOUVER, British Columbia, April 06, 2020 (GLOBE NEWSWIRE) — FPX Nickel Corp.(FPX-TSX.V)CompanyNIPEAFPX Nickel continues to monitor the outbreak of COVID-19 and the health and safety of its employees and consultants, who are being encouraged to work from home, where possible. The Company has access to all field and laboratory data which it requires to complete the preparation of the updated Baptiste PEA, and as a result does not anticipate any changes in the projected timeline for the completion of the study.FPX Nickel has a current cash balance of approximately $2.1 million. Completion of the updated Baptiste PEA, budgeted at approximately $500,000, will be funded from the Company’s existing working capital.Dr. Peter Bradshaw, P. Eng., FPX Nickel’s Qualified Person under NI 43-101, has reviewed and approved the technical content of this news release.About the Decar Nickel DistrictThe Company’s Decar Nickel District claims cover 245 square kilometres of the Mount Sidney Williams u
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