FPX Nickel uplists to OTCQX Best Market
FPX Nickel Shifts to High-Visibility Markets as Technical Milestones De-Risk the Baptiste Awaruite Narrative

The most recent news release dated January 5, 2026, announces that FPX Nickel Corp. has qualified to upgrade its U.S. listing from the OTCQB Venture Market to the OTCQX Best Market. Trading commences under the symbol "FPOCF." This upgrade is intended to enhance visibility, liquidity, and accessibility for U.S. institutional and retail investors. CEO Martin Turenne characterized the move as a reflection of the company’s fiscal health and commitment to corporate governance.
The impact of the OTCQX uplisting is Routine - Positive. While uplisting to a "Best Market" tier often improves trading volume and narrows bid-ask spreads, it does not alter the underlying project economics, mineral resource estimates, or the permitting timeline for the flagship Baptiste project.
In the broader context of 2025, this follows a series of technically significant developments: - The completion of a $3.5 million non-repayable government grant (CMIF) for infrastructure studies. - Successful production of battery-grade nickel sulphate crystals from Baptiste awaruite concentrate. - Strategic exploration alliances with JOGMEC (Japan Organization for Metals and Energy Security) for the Klow and Advocate properties, where JOGMEC is funding significant portions of exploration. - A 2025 Scoping Study for a standalone refinery showing a $445M NPV (8%) and 20% IRR.
The uplisting serves as a marketing catalyst to ensure the company has a broader investor audience as it approaches the capital-intensive Environmental Assessment (EA) and Feasibility Study (FS) phases.
FPX Nickel is focused on the Decar Nickel District in central British Columbia. Its flagship is the Baptiste Project, which features a unique "awaruite" mineralization (a nickel-iron alloy). Unlike traditional sulphide or laterite ores, awaruite is sulphur-free and highly magnetic, potentially allowing for a simpler, lower-carbon flowsheet. The project has a massive scale, with a 2023 PFS suggesting a 29-year mine life and significant production capacity.