Mirabela files activity report for the quarter ended December 31, 2009

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

Ordinary shares outstanding: 354,694,375

PERTH, Australia, Feb. 1 /CNW/ - Mirabela Nickel Limited (TSX: MNB, ASX: MBN) ("Mirabela" or the "Company") filed its second quarter activity report (the "Quarterly Report") for the quarter ended December 31, 2009. The Quarterly Report was filed in accordance with Australian Securities Exchange ("ASX") Listing Rule 5.1.

    
    REPORT HIGHLIGHTS
    -----------------

    -  Appointment of Ian Purdy as Chief Executive Officer

    -  Santa Rita processing plant successfully commissioned

    -  Production and sales commence to domestic customer

    -  Equity raising of A$65 million successfully completed
    

The Quarterly Report has been filed under the Company's profile on the ASX website at www.asx.com and is available on the Company's website at www.mirabela.com.au.

    
    For and on behalf of the Board

    Ian Purdy
    Chief Executive Officer
    

SOURCE Mirabela Nickel Ltd.

For further information: For further information: Australia contact: David Griffiths, Director, Gryphon Management Australia, Telephone: +61 8 9 382 8300, david.griffiths@gryphon.net.au; North America, UK and Europe contact: Alex Buck, Buckbias, Telephone: +44 7932 740 452, alex@buckbias.com

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Mirabela Nickel Ltd.

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