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Additional information
Additional Information
Market: ASX, TSX
Sector: General Mining
Epic: ASX:MBN
News: Latest news
Web Site: Mirabela Nickel
Other Articles: 20-11-200903-11-200912-10-2009

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Thursday March 18, 08:01SmartFocus, Amphion Innovations and National Milk Records confirmed for March 18 Forum

The presentations will start at 6:00pm and finish at approx 7:30pm. After the presentations are complete the directors will also be available to take questions during a free canapé and wine reception.

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Thursday March 18, 01:14Cisco remains at the forefront of internet infrastructure

The stock has recently managed to breakout above the long term resistance found at the $25 level which should now provide support for any pullback before the share price drives higher

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Monday March 15, 08:01China's growth boosting commodity prices

The latest economic figures from China have put pressure on the dollar and boosted a number of high-yielding currencies, including the Australian dollar and the South African rand.

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Mirabela Nickel

Mirabela Nickel

Mirabela Nickel Ltd (ASX:MBN, TSX:MNB) is an emerging nickel producer with a portfolio of prospective nickel and other base metal targets in Brazil.

Mirabela's lead project under development is Santa Rita - a disseminated nickel sulphide deposit in the state of Bahia. Production of nickel is targeted to commence in 2009/10. This is the largest nickel sulphide resource in South America and the largest greenfield nickel sulphide discovery in the world in the last 10 years.

Friday, March 13, 2009

Mirabela in trading halt, pending major equity raising announcement

Mirabela Nickel (ASX:MBN) will be placed in pre-open at the request of the Company, pending the release of an announcement by the Company.  Unless ASX decides otherwise, the securities will remain in pre-open until the earlier of the commencement of normal trading on Tuesday, 17 March 2009 or when the announcement is released to the market.

Mirabela is seeking the trading halt regarding a proposed placement of shares to complement the senior debt facility arranged last week.  Canadian underwriters are believed to be attempting to sell up to US$95m in equity this week and over the weekend.  The company was understood to be confident of north American investors taking up equity, given the ability of the Santa Rita nickel project to generate positive returns, even at current low prices.

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