Brief: Fpx Nickel Announces $16 Million Strategic Equity Investment From Major Global Stainless Steel Producer Outokumpu
30/05/2023 13:10
May 30 (Reuters) - FPX Nickel Corp FPX.V :
* FPX NICKEL ANNOUNCES $16 MILLION STRATEGIC EQUITY
INVESTMENT
FROM MAJOR GLOBAL STAINLESS STEEL PRODUCER OUTOKUMPU
* FPX NICKEL CORP - ISSUED 26.8 MILLION COMMON SHARES IN
CAPITAL
OF CO TO OUTOKUMPU AT C$0.60/COMMON SHARE
* FPX NICKEL - UPON COMPLETION OF PRIVATE PLACEMENT,
OUTOKUMPU NOW
OWNS ABOUT 9.9% OF CO'S ISSUED & OUTSTANDING COMMON SHARES ON
NON-DILUTED BASIS
Source text for Eikon: ID:nCNWklgfXa
Further company coverage: FPX.V
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