The Company's current projects are located in Turkey, the Philippines and Albania.In July 2010, European Nickel entered into a strategic partnership with Constantia Resources, a member of the Hunter Dickinson group through a two tranche, non-brokered private placement which will result in Constantia holding an interest of just under 30%. The first tranche will raise £3.36 million (approximately US$5 million). The second tranche, which is expected to take place within 30 days of the completion of the Çaldag project finance facility, will raise a further £36.7 million (approximately US$55 million). Hunter Dickinson has an exceptional track record in advancing mining projects through development and construction and on to operations. Their expertise will complement European Nickel’s management team and technological know-how to assist the successfully delivery of the Çaldag project.European Nickel also recently merged with Rusina to consolidate a global development pipeline that comprises of more than 1.3 million tonnes of nickel in reserves and resources. Following this merger, European Nickel were admitted to trading on the ASX in June 2010.

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