Mission To Launch has become the second Canberra music festival to be canned this year.

Organisers of the New Year’s Eve Festival have today announced that the festival has suspended ticket sales and is officially cancelled.

The official announcement cited a lack of ticket sales as the reason behind the decision to call the event off.

The official announcement stated: “the current economic climate has seen music festivals across the country suffer with drops in numbers of attendees and poor ticket sales on a large scale. Mission To Launch has unfortunately suffered the same fate.”

All ticket holders are entitled to a full refund from their point of purchase – contact your ticketing agency for more details.