COPY OF FINAL PROSPECTUS - Mirabela Nickel

Mr. Stephen Hills — Chief Financial Officer and Company Secretary
Mr. Hills is a Chartered Accountant with over 20 years experience, of which the last ten years have been as
Chief Financial Officer of public companies listed on the ASX. As Chief Executive Officer of Gallery Gold
Limited, Mr. Hills was involved with the successful financing of Mupane Gold Project and the commissioning
and production phases of its open-cut operations in Botswana. Prior to that Mr. Hills was Chief Financial
Officer of Scientific Services Limited Company, a business providing mineral laboratory analytical services and
down-hole drilling tools, with a focus on the resource sector.
Other Management
In addition to the directors and executive officer of Mirabela, the following individuals are also employed in
managerial capacities by the Company as of the date of this prospectus:
Paulo Oliva — Mine Manager
Mr. Oliva is a geologist with approximately 30 years of experience in the Brazil mining industry. Prior to
Mirabela, Mr. Oliva was employed by WMC Resources Ltd. for 13 years and prior to that Mr. Oliva acted as a
mining consultant to various companies. Mr. Oliva has played an important role in establishing Mirabela in
Brazil since inception and is currently responsible for Mirabela Brazil’s permitting process. Mr. Oliva is the
Company’s Brazilian country manager.
David Chapman — Operations Manager
Mr. Chapman is a geologist with over 23 years’ experience in the technical evaluation and management of
exploration of nickel and gold resource projects. Mr. Chapman’s experience as Exploration Manager in Brazil
for WMC Resources Limited for nine years provides him with experience and an excellent working knowledge of
the mining industry in Brazil. Mr. Chapman was previously employed as the Geology Manager of WMC
Resources Limited’s Nickel Division and was involved with WMC Resources Limited’s Mt. Keith and
Yakabindie deposits in Western Australia.
Audit Committee
On March 26, 2007, Mirabela established an Audit Committee which will operate under a charter approved
by the board of directors of Mirabela also on March 26, 2007. It is the board of directors’ responsibility to ensure
that an effective internal control framework exists within the Company. The Audit Committee has been formed
to assist the board of directors to meet its oversight responsibilities in relation to the Company’s financial
reporting and external audit function, internal control structure and risk management procedures. In doing so, it
will be the responsibility of the Audit Committee to maintain free and open communication between the
committee, the external auditors and the management of the Company.
The Audit Committee will review the effectiveness of the Company’s financial reporting and internal
control policies and its procedures for the identification, assessment, reporting and management of risks. The
committee will oversee and appraise the quality of the external audit and the internal control procedures,
including financial reporting and practices, business ethics, policies and practices, accounting policies, and
management and internal controls. The Audit Committee will also meet with external auditors and keep under
review the Company’s relationship with the external auditors.
All members of the Audit Committee are independent within the meaning of Canadian Multilateral
Instrument 52-110 — Audit Committees, which provides that a member shall not have a direct or indirect
material relationship with the Company which could, in the view of the board of directors, reasonably interfere
with the exercise of a member’s independent judgment. The members of the Audit Committee are: Mr. Burton,
Mr. Sheard and Mr. Hamilton.
Conflicts of Interest
The directors and officers of Mirabela are, or may become, directors or officers of other companies with
businesses which may conflict with the business of Mirabela. Directors are required to act honestly and in good
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