Mirabela unveils new financial plans

MIRABELA Nickel has placed 16.4 million shares for gross proceeds of $A37.8 million and will sell warrants and shares worth another $27 million to act as a “working capital buffer”.

Mirabela unveils new financial plans Mirabela unveils new financial plans Mirabela unveils new financial plans Mirabela unveils new financial plans Mirabela unveils new financial plans

The miner yesterday announced it had raised the $37.8 million through a placement of 16.4 million shares at $2.30 each, primarily to institutional investors in Australia.

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