Aug 22 (Reuters) - FPX Nickel Corp FPX.V :
* FPX NICKEL ANNOUNCES $1,200,000 FINANCING
* OFFERING WILL CONSIST OF UP TO 8,000,000 COMMON SHARES AT $0.15 PER SHARE IN CAPITAL STOCK OF COMPANY
* PROCEEDS TO BE USED FOR ONGOING INTERNAL TRADE-OFF STUDIES ON BAPTISTE DEPOSIT AT DECAR NICKEL DISTRICT IN CENTRAL BRITISH COLUMBIA