Morien Resources Corp. , is pleased to announce that the TSX Venture Exchange accepted the Company's notice of intention to renew its normal course issuer bid to purchase outstanding common shares of Morien on the open market in accordance with the policies of the TSX-V. Pursuant to the NCIB, Morien may acquire up to 3,614,320 common shares, representing approximately 10% of the public float of Morien as of January 30 [...]
Morien Resources Corp. , announced today that the Nova Scotia Department of Labour, Skills and Immigration , a provincial regulator for the Donkin Mine , upon which Morien has a 2% to 4% royalty interest, has lifted the Mine's Stop Work Order . The SWO was in effect since July 15, 2023. According to LSI, Kameron Collieries , owner and operator of the Donkin Mine, has met the Phase 1 requirements to lift the SWO [...]
Morien Resources Corp. , announced today its Board of Directors has made the decision to suspend the Company's quarterly dividend until further notice. The Board's decision is based on maximizing financial flexibility in an environment of continuing regulatory uncertainty surrounding the fate of the Donkin Mine in Nova Scotia, owned and operated by Kameron Collieries , upon which Morien has a 2% to 4% royalty interest [...]
Morien Resources Corp. , today provides an update on the Donkin Coal Mine in Nova Scotia, owned and operated by Kameron Collieries , upon which Morien has a 2% to 4% royalty interest. The Nova Scotia Department of Labour, Skills and Immigration , a provincial regulator for the Mine, held a press conference yesterday afternoon to report on the findings of an independent engineer contracted by DOL in September to complete a [...]
Morien Resources Corp. , today provides an update on the Donkin Coal Mine in Nova Scotia, owned and operated by Kameron Collieries , upon which Morien has a 2% to 4% royalty interest. In consideration of a 118-day long Stop Work Order , in effect since July 15, 2023, Kameron has made the decision to lay off the remaining hourly workforce at the Mine and to place the operation into an idled state with no timeline to resume [...]
Morien Resources Corp. , is pleased to announce that Vulcan Materials Company , owner of the Black Point Quarry Project in Guysborough County, Nova Scotia, is now advancing the Project. Vulcan has indicated a tentative, directional time goal of 18-months to complete various permit-related monitoring plans and commitments as outlined in the Project's approved environmental assessment. Morien owns an industry competitive [...]
Morien Resources Corp. , today provides an update on the Donkin Coal Mine in Nova Scotia, owned and operated by Kameron Collieries LLC , upon which Morien has a 2% to 4% royalty interest. On September 27, 2023, the Nova Scotia Department of Labour, Skills and Immigration , the province's regulator for the Mine, announced that an independent engineer has been contracted by DOL, via a 30-day contract, to complete a [...]
Morien Resources Corp. , is pleased to announce that its Board of Directors has declared a dividend of $0.0025 per common share for the third quarter of 2023. The dividend will be paid on September 28, 2023, to shareholders of record at the close of business on September 12, 2023. Morien's quarterly dividend is intended to be step-variable in relation to Donkin Mine production expansion and coal price, having regard for [...]
Morien Resources Corp. , today provides an update on the Donkin Coal Mine in Nova Scotia, owned and operated by Kameron Collieries LLC , upon which Morien has a 2% to 4% royalty interest. Today's news release follows Morien's news release issued on August 11, 2023, which discussed a recent Stop Work Order at the Donkin Mine . On August 15, 2023, Kameron made the decision to lay off a portion of its employees at the Mine [...]
Morien Resources Corp. , today provides an update on the Donkin Coal Mine in Nova Scotia, owned and operated by Kameron Collieries LLC , upon which Morien has a 2% to 4% royalty interest. On July 15, 2023, the Nova Scotia Department of Labour, Skills and Immigration , the province's regulator for the Mine, issued a Stop Work Order at Donkin in response to a roof fall. The fall occurred in one of Donkin's two access [...]
Morien Resources Corp. , announced today the appointment of Ms. Beau White to the Company's Board of Directors . Morien also granted stock options to directors and officers of the Company pursuant to its incentive stock option plan. Board Appointment Beau White brings significant experience in finance and accounting in both the public and private company sectors. Ms. White currently serves as the Director of Treasury and [...]
Morien Resources Corp. , is pleased to announce that its board of directors has declared a dividend of $0.0025 per common share for the second quarter of 2023. The dividend will be paid on June 28, 2023, to shareholders of record at the close of business on June 14, 2023. Morien has filed online its unaudited condensed interim consolidated financial statements and associated Management Discussion and Analysis for the [...]
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