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Mirabela Nickel Limited

11:51 AM EST - Mirabela Nickel Limited : advised that Standard and Poor's Ratings Services lowered the Company's corporate credit rating from 'CCC+' to 'B-'. In addition to the down grade, the rating is also placed on CreditWatch with negative implications. Mirabela Nickel Limited shares T.MNB are trading up $0.005 at $0.01.