Morien Resources Corp. , today announced that it has received its first minimum royalty payment of C$25,000 from Vulcan Materials Company , the owner of the Black Point Aggregate Project in Guysborough County, Nova Scotia. Morien is entitled to receive from Vulcan a C$25,000 payment per quarter, beginning on September 30, 2017, until sales commence or until Vulcan's Option to Lease or Lease on Black Point is terminated [...]
HALIFAX, NS--(Marketwired - Sep 11, 2017) - Morien Resources Corp. ("Morien" or the "Company") (TSX VENTURE:MOX), is pleased to announce that it has received notice from Kameron Collieries ULC ("Kameron"), the owner/operator of the Donkin Coal Mine ("Donkin") in Cape Breton, Nova Scotia, that its coal handling, preparation and processing plant ("washplant") is now operational. The capacity of the washplant is sufficient [...]
HALIFAX, NOVA SCOTIA--(Marketwired - Jul 19, 2017) - Morien Resources Corp. ("Morien" or the "Company") (TSX VENTURE:MOX), is pleased to announce the receipt of the first royalty payment from Kameron Collieries ULC ("Kameron"), an affiliate of the Cline Group LLC, and owner/operator of the Donkin Coal Mine ("Donkin") in Cape Breton, Nova Scotia. Although nominal in value, the payment signals the commencement of Donkin [...]
HALIFAX, NOVA SCOTIA--(Marketwired - Jun 26, 2017) - Morien Resources Corp. ("Morien" or the "Company") (TSX VENTURE:MOX), is pleased to provide an update on production and development activities at the Donkin Coal Mine ("Donkin") in Cape Breton, Nova Scotia. Owner/operator Kameron Collieries ULC ("Kameron"), an affiliate of the Cline Group LLC, recently provided Morien executives with a site tour of the mining operation [...]
HALIFAX, NOVA SCOTIA--(Marketwired - Jun 15, 2017) - Morien Resources Corp. ("Morien" or the "Company") (TSX VENTURE:MOX), is pleased to announce its shareholders voted in favour of all items of business brought before them at the Company's Annual and Special Meeting of Shareholders ("AGM") held on June 14, 2017 in Halifax, Nova Scotia. Details of the AGM are provided below. Election of Directors The number of directors [...]
HALIFAX, NOVA SCOTIA--(Marketwired - Mar 1, 2017) - Morien Resources Corp. ("Morien" or the "Company") (TSX VENTURE:MOX), is pleased to announce that it has received notice from Kameron Collieries ULC ("Kameron"), the owner/operator of the Donkin Coal Mine ("Donkin") in Cape Breton, Nova Scotia, that production at Donkin has commenced. Initial production at Donkin is from a single continuous miner, with the addition of a [...]
HALIFAX, NOVA SCOTIA--(Marketwired - Feb 28, 2017) - Morien Resources Corp. ("Morien" or the "Company") (TSX VENTURE:MOX), today announced that it has received cash consideration of $2 million from Kameron Collieries ULC ("Kameron"), an affiliate of The Cline Group LLC, and owner/operator of the Donkin Coal Project ("Donkin" or the "Project") in Cape Breton, Nova Scotia. The cash consideration is the second of three [...]
Morien Resources is pleased to announce that the TSX Venture Exchange ("TSXV") has 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 TSXV. Pursuant to the NCIB, Morien may acquire up to 4,235,000 common shares, representing approximately 10% of the public float of Morien as of January [...]
HALIFAX, NOVA SCOTIA--(Marketwired - Jul 4, 2016) - Morien Resources Corp. ("Morien" or the "Company") (TSX VENTURE:MOX), is pleased to announce the appointment of Mike O'Keefe as Chief Financial Officer ("CFO") of the Company effective July 1, 2016. Mr. O'Keefe, CPA, CMA replaces Ken MacDonald, CPA, CA who has resigned as CFO. Mr. MacDonald became CFO of Erdene Resource Development Corp. ("Erdene") in 2003 and continued [...]
HALIFAX, NOVA SCOTIA--(Marketwired - Jun 16, 2016) - Morien Resources Corp. ("Morien" or the "Company") (TSX VENTURE:MOX), is pleased to announce its shareholders voted in favour of all items of business brought before them at the Company's Annual and Special Meeting of Shareholders ("AGM") held on June 14, 2016 in Halifax, Nova Scotia. Details of the AGM are provided below. Election of Directors The number of directors [...]
HALIFAX, NOVA SCOTIA--(Marketwired - May 5, 2016) - Morien Resources Corp. (TSX VENTURE:MOX) ("Morien" or the "Company"), today announced that it has received a $400,000 milestone payment from Vulcan Materials Company ("Vulcan") following the receipt of positive provincial and federal environmental approvals for the Black Point Quarry Project ("Black Point") in Guysborough County, Nova Scotia. Morien is due to receive an [...]
HALIFAX, NOVA SCOTIA--(Marketwired - Apr 27, 2016) - Morien Resources Corp. (TSX VENTURE:MOX) ("Morien" or the "Company"), is pleased to announce that positive environmental assessment decisions were received for the Black Point Quarry ("Black Point" or "Project") in Guysborough County, Nova Scotia, from Nova Scotia's provincial Minister of Environment, the Honourable Margaret Miller, and Canada's federal Minister of [...]