Mr. Stuart Harshaw reports

NICKEL CREEK PLATINUM ANNOUNCES CLOSE OF NON-BROKERED PRIVATE PLACEMENT

Nickel Creek Platinum Corp. has closed on its previously announced non-brokered private placement, pursuant to which the company has issued a total of 41,666,667 common shares of the company at a price of 1.5 cents per common share for gross proceeds of approximately $600,000. The company's largest shareholder, Electrum Strategic Opportunities Fund LP, acquired all of the common shares issued in the private placement.

The net proceeds from the private placement will be used for general corporate purposes.

All common shares issued under the private placement are subject to a statutory hold period of four months and one day from the date of closing.

Pursuant to Multilateral Instrument 61-101 -- Protection of Minority Security Holders in Special Transactions, the private placement would constitute a related-party transaction as Electrum (and certain other insiders of the company) will subscribe for common shares. These transactions will be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101, as the fair market value of any common shares subscribed for by insiders pursuant to the private placement will not exceed 25 per cent of the company's market capitalization.

About Nickel Creek Platinum Corp.

Nickel Creek Platinum is a Canadian mining exploration and development company and its flagship asset is the 100-per-cent-owned Nickel Shaw project. The Nickel Shaw project is a large, undeveloped nickel sulphide project in one of the most favourable jurisdictions in the world, with a unique mix of metals including copper, cobalt and platinum group metals. The Nickel Shaw project has exceptional access to infrastructure, located three hours west of Whitehorse via the paved Alaska Highway, which further offers year-round access to deep-sea shipping ports in southern Alaska.

The company is led by a management team with a proven record of successful discovery, development, financing and operation of large-scale projects. Nickel Creek's vision is to create value for its shareholders by becoming a leading North American nickel, copper, cobalt and PGM producer.

We seek Safe Harbor.