MIRABELA NICKEL LIMITED (ASX.MBN)

a loss declaration has been issued and the capital loss can therefore be claimed in the financial year the declaration is issued - in this case 2016/17

delisted from the close of trading on Monday, 29 August 2016 pursuant to Listing rule 17.15.

we understand the company failed and was delisted because it did not pay its annual ASX listing fee

Under listing rule 17.6, any entity (if not already suspended) that had not paid its annual listing fees by close of business on Monday 22 August 2016 will have its securities suspended from official quotation before the commencement of trading on Tuesday 23 August 2016. The company has not paid its annual listing fees in respect of the year ending 30 June 2017 but the securities are already suspended from official quotation.

The company provides a sales process and operational update.

Martin Jones appointed liquidator

The company announces that it is relying on ASIC Instrument 2015/251 which provides externally Securities and Investment Commission (ASIC) Instrument 2015/251 (Instrument) which provides externally administered companies with relief from certain financial reporting obligations, including the lodgement of financial reports in Australia. In the case of Mirabela, it is not required to lodge its 31 December 2015 annual financial statements until 28 April 2016. A further extension of the relief beyond 28 April 2016 may be sought, if required.

Mirabela Mineração do Brasil Ltda implemented a Lower Production Model in October 2015. The LPM was further refined over December 2015 and January 2016, in response to sustained low nickel prices, to reduce production and thereby reduce the ongoing funding requirement. Due to further reductions in the nickel price, difficulties in obtaining additional funding and unsustainable levels of cash outflows from MMB, the Santa Rita mine will now be placed on care and maintenance. The program will commence immediately and will be implemented over a period of 4 "“ 8 weeks.

The company's wholly owned Brazil subsidiary Mirabela Mineração do Brasil Ltda (MMB) implemented a Lower Production Model (LPM) in October 2015. As a result of implementation of the LPM, production for 2015 changed from an estimated 16,500 "“ 18,000 tonnes of nickel contained in concentrate to actual production for 2015 of approximately 16,110 tonnes of nickel. MMB management has continued negotiations with creditors, customers and counterparties to ensure the maintenance of a business as usual approach of the operations despite the continuing weak nickel price and ongoing funding requirement while the Receivers' sale campaign proceeds.

A resolution was passed at the reconvened fourth Committee of Creditor meetings held concurrently on 15 December 2015 acknowledgin and consenting to the Administrators' proposed applications for a further extension of the convening periods for the second meetings of creditors to 31 March 2016. The orders granted were those as sought to extend the convening periods from 29 December 2015 to 31 March 2016. Accordingly, the second meetings of creditors of the companies are required to be held on or before 7 April 2016.

The company wishes to advise that on 22 October 2015 the Company's wholly owned Brazil subsidiary, Mirabela Mineração do Brasil Ltda (MMB) terminated the employment of approximately 220 employees (representing approximately 33.7% of total MMB staff) and approximately 180 contractors at the Santa Rita mine. The reduction of the workforce at the Santa Rita mine forms part of MMB's decision to decrease production output at the Santa Rita mine in order to reduce operating costs during the current sustained climate of depressed nickel price.

receivers and managers appointed

Board of Directors has today resolved to appoint Martin Bruce Jones and Darren Gordon Weaver of Ferrier Hodgson as Joint and Several Voluntary Administrators

The securities of Mirabela Nickel Limited (the "Company") will be suspended from quotation immediately at the request of the Company, pending the release of an announcement in relation to the outcome of discussions with third party financing parties and the release of its financial statements for the half year ending 30 June 2015. Security Code: MBN

The suspension of trading in the securities of Mirabela Nickel Limited will be lifted immediately following the release of an operational update by the Company and the lodgement of an outstanding quarterly activities report. ASX Code: MBN

: Mirabela Nickel Limited (Mirabela or the Company) (ASX: MBN) refers to its request for the voluntary suspension of its securities dated 18 December 2014. The Company expects to make an announcement to the market by mid February 2015

The securities of Mirabela Nickel Limited (the "Company") will be suspended from official quotation immediately at the request of the Company, pending the release of an announcement in relation to an operational and company update. Security Code: MBN

The suspension of trading in the securities of Mirabela Nickel Limited will be lifted from the commencement of trading on Monday, 30 June 2014 following the completion of a restructuring. 929,710,216 ordinary shares fully paid Security Code MBN

Mirabela Nickel Limited (Mirabela or the Company) (ASX: MBN) confirms its prior advice that the Deed Administrators gave notice to ASIC on 25 June 2014 that the deed of company arrangement entered into on 13 May 2014 has been fully effectuated. Following the giving of such notice to ASIC, the Deed Administrators have retired, the DOCA has terminated in accordance with its terms and the day to day management and control of Mirabela has reverted to the Company's directors.

The Company is working with ASX Limited to achieve the reinstatement to trading of the Company's ordinary shares as soon as practicable -The Deed Administrators expect to give notice to ASIC by close of business on 25 June 2014 that the DOCA has been fully effectuated

advises that it expects the recapitalisation transaction contemplated by the deed of company arrangement entered into on 13 May 2014 between the deed administrators of the Company (Deed Administrators), the Company and Mirabela Investments Pty Limited (DOCA) (including the issue and allotment of the securities offered under the prospectus lodged with the Australian Securities & Investments Commission (ASIC) on 26 May 2014 (as supplemented by the supplementary prospectus of the Company lodged with ASIC on 11 June 2014) (Prospectus)) will now complete on Tuesday, 24 June 2014

The Company expects that: ï‚· the remaining conditions of the Prospectus and the DOCA will be satisfied or waived on or before Friday, 20 June 2014; ï‚· subject to the satisfaction or waiver of those remaining conditions, the recapitalisation transaction contemplated by the DOCA (including the issue and allotment of the securities offered under the Prospectus) will complete on Friday, 20 June 2014; and ï‚· ASX Limited will reinstate quotation of the Company's ordinary shares on or around Monday, 23 June 2014

the Company wishes to advise that it has received from ASX waivers from Listing Rules 7.1 and 10.1,

advises that it lodged a supplementary prospectus with the Australian Securities & Investments Commission (ASIC) on 11 June 2014

: Mirabela Nickel Limited (Subject to Deed of Company Arrangement) (Mirabela or the Company) (ASX: MBN) wishes to advise that it has released a Notice and Letter of Transmittal to each of the existing holders of the approximately US$395 million 8.75% notes (Existing Notes). A copy of those documents is attached to this announcement. The Notice is intended to provide holders of Existing Notes with a summary and update about the Proposed Recapitalisation process

advises that it and its subsidiary Mirabela Mineração do Brasil Ltda (Mirabela Brazil) have entered into a waiver agreement with Caterpillar Financial Services Corporation (Caterpillar). Under the terms of the waiver agreement Caterpillar has agreed to waive, until 23 July 2014, the event of default that arose under the US$55 million master funding and lease agreement

an application had been lodged in the Supreme Court of New South Wales (Court) by the deed administrators appointed under the deed of company arrangement executed by the Company on 13 May 2014 (DOCA). The application seeks the leave of the Court under section 444GA of the Corporations Act 2001 (Cth) to a transfer of approximately 98.2% of the existing ordinary shares in the Company in accordance with the terms of the DOCA and as part of the proposed recapitalisation of the Company - there is an accompanying Explanatory Statement

releases a prospectus and its 2013 Annual Report

the Company's creditors resolve that Mirabela enter into a deed of company arrangement and it is executed

advises that the Company, in its capacity as guarantor, has entered into an Amended Credit Agreement (Agreement) with Banco Bradesco S.A (Bradesco), extending the date for the repayment of outstanding principal of US$47 million (Principal Outstanding) to 29 March 2018

advises that 4,609,547 Performance Rights issued under the 2013 Mirabela Nickel Limited Long Term Incentive Plan (approved by shareholders on 30 May 2013) were cancelled

the second meetings of creditors will be held on 13 May 2014, at the offices of KordaMentha, Level 10, 40 St Georges Terrace, Perth WA. Registration for all creditors will open at 10:00am with the meetings commencing at 10:30am.

the Company's subsidiary Mirabela Mineração do Brasil Ltda (Mirabela Brasil) formally cancelled the notice dated 15 April 2014 issued to its employees and relevant Brazilian authorities which would have otherwise imposed forced leave on approximately 350 staff from 30 April 2014

Mirabela has today been advised that the ad-hoc committee of holders of more than 65% of the Company's USD395.0 million 8.75% unsecured notes due 15 April 2018 (Ad-Hoc Group) has agreed to allow the Company to draw down upon the remaining USD10.0 million available under the USD45.0 million loan obtained in December 2013 - the Administrators and their advisors continue to progress the different elements of the Recapitalisation Proposal

The Company has been advised that, as a result of a shift from Votorantim to ITH, certain Brazilian state and federal input tax credits that were previously available to Mirabela Brasil are unlikely to be available going forward. These tax credits can only be claimed where there are corresponding domestic sales. The unavailability of the tax credits will have a material negative impact on the cash flow of Mirabel Brasil and the underlying value of the Company's assets

Mirabela Nickel Limited (Administrators Appointed) (Mirabela or the Company) (ASX: MBN) announces that it is relying on Australian Securities and Investment Commission (ASIC) Class Order 03/392 (the Class Order) which allows externally administered companies to delay lodging financial reports in Australia. In the case of Mirabela, the permitted delay for its 31 December 2013 annual financial statements is until 25 August 2014

announces the resignation of Messrs Ian McCubbing and Nick Sheard from the board of directors (Board) of Mirabela effective on and from 7 April 2014

announces that Bradesco had agreed to waive various events of default under the Bradesco Credit Agreement until 31 March 2014 - while the Bradesco Waiver Agreement has not been renewed or extended beyond 31 March 2014, it is currently in discussions with Bradesco about an amendment to the terms

Mirabela Nickel Limited (Mirabela or the Company) (ASX: MBN) refers to its previous announcements relating to the US$45 million loan obtained from a consortium of holders of the Company's US$395 million 8.75% Senior Unsecured Notes due 15 April 2018 (Interim Loan). The Company and the lenders have agreed to extend the date for repayment of the Interim Loan to the earlier of a successful recapitalisation and 30 June 2014

on 21 March 2014 the Supreme Court of New South Wales made orders pursuant to section 439A(6) of the Act extending the convening period for the second meeting of creditors of the Company by 6 months to 25 September 2014

Martin Madden, Clifford Rocke and David Winterbottom of KordaMentha are appointed Voluntary Administrators, a move that never augurs well for shareholders

Mirabela Nickel Limited (Mirabela or the Company) (ASX: MBN) refers to its previous announcements relating to the US$45 million loan obtained from a consortium of holders of the Company's US$395 million 8.75% Senior Unsecured Notes due 15 April 2018 (Interim Loan). The Interim Loan is being used to provide the Company with liquidity to operate its business as discussions progress with all of Mirabela's key stakeholders regarding a comprehensive restructuring

Mirabela Nickel Limited (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 for the third quarter ended 30 September 2013 and the associated management discussion and analysis

company announces 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

releases Third Quarter 2013 Interim Financial Report and MDA (PDF)

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 September 2013 and the associated management discussion and analysis (collectively, the Default Interim Filings). The CTO will remain in effect until the Default Interim Filings are filed in Canada and the Executive Director of the BCSC revokes the CTO

Votorantim has now claimed an event of force majeure under the Sales Agreement and that as a result, it is not currently obligated to purchase nickel concentrate from Mirabela pursuant to that agreement. The Company is taking legal advice on its position regarding a claimed force majeure and in particular the status of a force majeure when Votorantim closes its smelter at the end of November 2013 and ceases trying to remedy the cause of the claimed force majeure

Mirabela Nickel Limited (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'

announce that it has entered into waiver and standstill arrangements with its major creditors

company provides an update

Mirabela Nickel Limited (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

Mirabela Nickel Limited (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 notes that Votorantim still intends to close its smelting facilities from November 2013 and may only procure a minimal amount of nickel concentrate from the Company in 2014. As such, Mirabela is continuing to explore opportunities for new strategic, financing and off-take alternatives and is in ongoing discussions with its financiers

The securities of Mirabela Nickel Limited (the "Company") will be suspended from quotation immediately at the request of the Company, pending the release of an announcement in relation to a company and operational update. Security Code: MBN

shares suspended from quotation following failure to lodge with ASX, the company's financial reports

securities to be reinstated to quotation on Monday 4 May