Mirabela Nickel Limited - Results of General Meeting

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

TSX: MNB, ASX: MBN
    Ordinary shares outstanding: 364,735,825
    

PERTH, Australia, March 29 /CNW/ - Mirabela Nickel Limited (TSX: MNB, ASX: MBN) advises that all resolutions put to shareholders at the General Meeting held on 29 March 2010 were carried on a show of hands.

We wish to advise that the proxy votes received in relation to the general meeting were as follows:

    
    No.  Resolution                        For          Against     Abstain
    -------------------------------------------------------------------------

    1.   Ratification of Issue of
          Shares - Australian
          Placement                    190,123,971      530,445   11,643,335

    2.   Approval to Issue Shares to
          Mr. Craig Burton             201,432,487      941,035    4,200,354

    3.   Approval to Issue Shares to
          Lancaster Park SA            205,478,706      941,035       35,954

    4.   Ratification of Issue of
          Shares - Canadian Placement  206,296,194      116,795       30,206


    For and on behalf of the Board

    Ian Purdy
    Chief Executive Officer
    

For further information: Canada, North America, UK and Europe contact: Alex Buck, Buckbias, Telephone: [phone], [email protected]; Australia contact: David Griffiths, Director, Gryphon Management Australia, Telephone: [phone], [email protected]