Mirabela announces results of Annual General Meeting

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TSX: MNB, ASX: MBN

PERTH , Australia , Nov. 20 /CNW/ - The Company advises that all resolutions put to shareholders at the Annual General Meeting held on 20 November 2009 , were carried on a show of hands.

In accordance with Section 251AA(1) of the Corporations Act, the following information is provided in relation to the resolutions considered by shareholders at the AGM.

The specific voting preferences indicated by 128 valid proxies holding 139,170,020 ordinary shares that had directed their voting preferences or had left their voting preferences open at the proxy's discretion.

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

    1.   Adoption of Remuneration Report    119,867,970  18,893,935  408,115

    2.   Re-election of Mr Joseph Hamilton
         as a Director                      138,574,707     189,149  406,164

    3.   Ratification of Grant of Options
         to Key Personnel (amended
         resolution)(1)                      98,108,253  40,656,302  405,465

    Note:
    (1) Shareholders passed the motion to amend Resolution 3 to reduce the
        number of options the subject of the ratification under Resolution 3
        from 700,000 to 400,000, so that the ratification relates only to
        400,000 options that were issued to Bryan Hyde. The issue of 300,000
        options to Chris Els has not occurred as at the date of the 2009
        annual general meeting (being 20 November 2009).

    Yours faithfully
    Mirabela Nickel Ltd

    STEPHEN HILLS
    Company Secretary
    

For further information: Level 21, Allendale Square, 77 St Georges Terrace, Perth, WA, 6000, Tel: [phone], Fax: [phone], [email protected]