PERTH, Australia, Dec. 30, 2013 /CNW/ - Mirabela Nickel Ltd. (the Company or Mirabela) (ASX: MBN) is pleased to announce that it has secured a US$45 million loan (Loan) from a consortium of holders of the Company's US$395 million 8.75% Senior Unsecured Notes due 15 April 2018 (Notes). The intention of the Loan is to provide the Company with [...]
PERTH, Australia, Dec. 30, 2013 /CNW/ - Mirabela Nickel Ltd. (Mirabela or the Company) (ASX: MBN) announces that cease trade orders previously issued by the British Columbia Securities Commission and the Ontario Securities Commission have both been revoked, as Mirabela filed on 16 December 2013 in Canada, its interim unaudited financial statements [...]
PERTH, Australia, Nov. 22, 2013 /CNW/ - Mirabela Nickel Ltd. (Mirabela or the Company) (ASX: MBN) announced today that the British Columbia Securities Commission (BCSC) has issued a cease trade order (CTO) against Mirabela, due to the Company not filing by 14 November 2013, its interim unaudited financial statements for the third quarter ended 30 [...]
PERTH, Australia, Nov. 18, 2013 /CNW/ - Mirabela Nickel Ltd. (Mirabela or the Company) (ASX: MBN) wishes to advise that Standard and Poor's Ratings Services (S&P) lowered the Company's corporate credit rating from 'SD' to 'D'. The Company provides the attached Press Release from S&P. Mirabela Nickel Ltd. Downgraded To 'D' After Standstill [...]
PERTH, Australia, Nov. 14, 2013 /CNW/ - Mirabela Nickel Ltd. (Mirabela or the Company) (ASX: MBN) is pleased to announce that it has entered into waiver and standstill arrangements with its major creditors. Mirabela has the following significant debt structures currently in place: Mirabela has on issue approximately US$395 million of 8.75 [...]
PERTH, Australia, Nov. 7, 2013 /CNW/ - Mirabela Nickel Ltd. (Mirabela or the Company) (ASX: MBN) wishes to provide the following update. In the Company Update announcement to the ASX dated 4 November 2013, Mirabela advised that it had received notification from one of its two customers, Votorantim Metais Niquel S.A. (Votorantim), that the main [...]
PERTH, Australia, Nov. 4, 2013 /CNW/ - Mirabela Nickel Ltd. (Mirabela or the Company) (ASX: MBN) wishes to provide the following update. Mirabela previously announced that one of its two customers, Votorantim Metais Niquel S.A. (Votorantim), had provided notice to Mirabela advising that its concentrate sales agreement with Mirabela (Sales [...]
PERTH, Australia, Oct. 31, 2013 /CNW/ - Mirabela Nickel Ltd. (Mirabela or the Company) (ASX: MBN) announces its unaudited third quarter results for the period ended 30 September 2013. HIGHLIGHTS Production for the quarter of 3,962 tonnes of nickel in concentrate (Q2 2013: 4,080 tonnes). Sales for the quarter of 2,786 tonnes of nickel in [...]
PERTH, AUSTRALIA, Oct. 31, 2013 /CNW/ - Mirabela Nickel Ltd. (Mirabela or the Company) (ASX: MBN) encloses its quarterly activities report and provides the following update. As previously announced Mirabela is continuing to explore opportunities for new strategic, financing and off-take alternatives and is in ongoing discussions with its key [...]
PERTH, AUSTRALIA, Oct. 25, 2013 /CNW/ - Mirabela Nickel Ltd. (Mirabela or the Company) (ASX: MBN) wishes to advise that an ad-hoc committee of holders of the 8.75% Senior Notes due in 2018 has been formed and retained legal firm Cleary Gottlieb Steen & Hamilton LLP (CGSH). The Company provides the attached notice from CGSH. October 24, 2013 [...]
PERTH, AUSTRALIA, Oct. 23, 2013 /CNW/ - Mirabela Nickel Ltd. (Mirabela or the Company) (ASX: MBN) wishes to advise that Standard and Poor's Ratings Services (S&P) lowered the Company's corporate credit rating from 'CCC+' to SD (Selective Default). The Company provides the attached Press Release from S&P. Mirabela Nickel Ltd. Downgraded To 'SD [...]
PERTH, AUSTRALIA, Oct. 22, 2013 /CNW/ - Mirabela Nickel Ltd. (Mirabela or the Company) (ASX: MBN) wishes to provide the following update. In response to recent press articles, the Company confirms that it is in full compliance with its continuous disclosure obligations and will continue to comply with those obligations. The Company confirms [...]
