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First Point Minerals Announces Increase to Private Placement, Changes Name to FPX Nickel Corp. and Reports on Results of its AGSM

VANCOUVER, BC–(Marketwired – May 26, 2017) – First Point Minerals Corp. (TSX VENTURE: FPX)(“First Point” or the “Company“) is pleased to announce that as a result of positive investor response to its previously announced private placement offering of 8,300,000 common shares (“Common Shares”) of the Company at a price of $0.10 per Common Share (the “Issue Price”), the Company has decided to increase the size of the offering to 11,466,000 Common Shares at the Issue Price, for aggregate gross proceeds of $1,146,600 (the “Private Placement”).