PERTH, Australia, April 2, 2014 /CNW/ - On 30 December 2013, Mirabela
Nickel Limited (Mirabela or the Company) (ASX: MBN) announced that
Bradesco had agreed to waive various events of default under the
Bradesco Credit Agreement until 31 March 2014 (Bradesco Waiver
The Company announces that 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 of the
Bradesco Credit Agreement, which would include an extension of the date
for repayment of the amounts owing under that agreement. No agreement
has been concluded at this date and there is no guarantee an agreement
will be reached, however constructive negotiations continue between the
Company, Bradesco and their financial advisors.
SOURCE: Mirabela Nickel Ltd.