Sumitomo invests $14.5M for 9.9% of FPX Nickel

Sumitomo Metal Mining Canada is investing about $14.5 million in FPX Nickel (TSXV: FPX; US-OTC: FPOCF), which holds the Baptiste greenfield development project in British Columbia. The private placement of 30.1 million FPX shares is priced at 48¢ per share...

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