Interim Financing Update

PERTH, AUSTRALIA, March 31, 2014 /CNW/ - 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.

SOURCE Mirabela Nickel Limited