COPY OF FINAL PROSPECTUS - Mirabela Nickel

(continued from cover)
Unless otherwise defined herein, the term ‘‘Shares’’ shall include the ordinary shares offered under this
prospectus and the ordinary shares issuable on exercise of the Over-Allotment Option.
The Agents, as exclusive agents for the purposes of the Offering, hereby conditionally offer the Shares on a best
efforts basis, subject to prior sale, if, as and when issued by Mirabela and accepted by the Agents in accordance
with the terms and conditions contained in the Agency Agreement referred to under ‘‘Plan of Distribution’’ and
subject to the approval of certain legal matters on behalf of Mirabela by Lawson Lundell LLP and on behalf of
the Agents by Cassels Brock & Blackwell LLP.
The Shares are being offered to the public in all of the provinces of Canada, except for Québec and in the
United States and Australia on a private placement basis.
Subscriptions for the Shares offered hereunder will be received subject to rejection or allotment in whole or in
part and the right is reserved to close the subscription books at any time without notice. It is expected that the
closing of the Offering will take place on or about May 2, 2007 or on such other date as Mirabela and the Agents
may agree, but no later than May 31, 2007.
Subject to applicable laws and in connection with the Offering, the Agents may over-allot or effect transactions
which stabilize or maintain the market price of the Shares at levels other than those which otherwise might
prevail on the open market. See ‘‘Plan of Distribution’’ and ‘‘Use of Proceeds’’.
An investment in the Shares is speculative and involves a significant degree of risk. Investors should carefully
review the risk factors outlined in this prospectus before purchasing the Shares. See ‘‘Risk Factors’’.
The Offering is being made by Mirabela, an Australian issuer with its head office and registered office at 8 Colin
Street, Ground Floor, West Perth, Western Australia. Some or all of the directors and officers of Mirabela and
some or all of the experts named in this prospectus reside outside of Canada. Some or all of the assets of those
persons and Mirabela may be located outside of Canada. Furthermore, Mirabela is incorporated under the laws
of a foreign jurisdiction and resides outside of Canada. Although Mirabela has appointed Lawson Lundell LLP,
Suite 1600, 925 West Georgia Street, Vancouver, British Columbia, V6C 3L2, Canada as its agent for services of
process in Canada, it may not be possible for investors to collect from Mirabela or to enforce judgments
obtained in Canadian courts predicated upon the civil liability provisions of applicable Canadian securities laws
against Mirabela, its directors and officers and certain of the experts named in this prospectus. Moreover, it may
not be possible for investors to effect service of process within Canada upon the directors, officers and experts
referred to above.
Mirabela may be a ‘‘connected issuer’’ of Dundee Securities Corporation, one of the Agents. Based on information
provided by Dundee Securities Corporation, Dundee Securities Corporation, the directors, officers, employees
and affiliates thereof, and the associates of each of them, own or control, as of April 20, 2007, in aggregate,
14,707,408 ordinary shares representing 16.62% of the issued and outstanding ordinary shares of Mirabela and
15.76% of the ordinary shares of Mirabela on a fully diluted basis. See ‘‘Plan of Distribution — Conflicts of
Interest’’.