Morien is pleased to announce that the TSX Venture Exchange has accepted the Company's notice of intention to make a normal course issuer bid. Under the terms of the normal course issuer bid, Morien may acquire up to 4,995,300 common shares, representing approximately 10% of the public float of Morien as of January 19, 2015. In the opinion of the board of directors of Morien, its common shares have been trading at [...]
Special Meeting of Shareholders Set For February 10, 2015 HALIFAX, NOVA SCOTIA--(Marketwired - Jan 13, 2015) - Morien Resources Corp. ("Morien" or the "Company") (TSX VENTURE:MOX), is pleased to announce it has entered into a definitive purchase and sale agreement (the "Agreement") with Kameron Collieries ULC ("Kameron"), an affiliate of The Cline Group LLC ("Cline"), for the sale of Morien's 25% interest in the Donkin [...]
HALIFAX, NOVA SCOTIA--(Marketwired - Dec 19, 2014) - Morien Resources Corp. ("Morien" or the "Company") (TSX VENTURE:MOX), is pleased to announce it has closed a private placement with Atlantic Royalty LLC ("Atlantic"), a subsidiary of The Cline Group, LLC, for 3.45 million common shares in the Company at $0.30 per share for gross proceeds of $1,035,000 ("Private Placement"). The Private Placement was priced at a 58 [...]
Announces $1 Million Private Placement at $0.30/Share HALIFAX, NOVA SCOTIA--(Marketwired - Dec 12, 2014) - Morien Resources Corp. ("Morien" or the "Company") (TSX VENTURE:MOX), today announced it has entered into an agreement ("Agreement") with Kameron Collieries ULC ("Kameron") to exchange its 25% working interest in the Donkin Coal Project ("Donkin Project" or the "Project") in Cape Breton, Nova Scotia for $5.5 [...]
HALIFAX, NOVA SCOTIA--(Marketwired - Dec 3, 2014) - Morien Resources Corp. ("Morien" or the "Company") (TSX VENTURE:MOX), announced today that Glencore plc has completed the sale of its 75% interest in the Donkin Coal Project ("Donkin" or "Project") to Kameron Collieries ULC ("Kameron"), a subsidiary of The Cline Group, LLC ("Cline"). Morien, holder of a 25% interest in Donkin, looks forward to seeing the Project advance [...]
HALIFAX, NOVA SCOTIA--(Marketwired - Oct 8, 2014) - Morien Resources Corp. ("Morien" or the "Company") (TSX VENTURE:MOX), announced today that pursuant to its stock option incentive plan, it has granted a total of 1,882,500 options ("Options") to an aggregate of 12 individuals, being directors, officers and individuals providing services to Morien pursuant to a Services Agreement with [...]
HALIFAX, NOVA SCOTIA--(Marketwired - Sep 29, 2014) - Morien Resources Corp. ("Morien" or the "Company") (TSX VENTURE:MOX), is pleased to announce that it has closed its non-brokered private placement with the issuance 7,236,008 common shares priced at $0.20 per common share for gross proceeds of $1,447,201.60 ("Private Placement"). The $1,350,000 private placement previously announced on September 8, 2014 was [...]
HALIFAX, NOVA SCOTIA--(Marketwired - Sep 8, 2014) - Morien Resources Corp. ("Morien" or the "Company") (TSX VENTURE:MOX), is pleased to announce it intends to undertake a non-brokered private placement to sell up to 6,750,000 common shares at $0.20 per common share for gross proceeds of up to $1,350,000 ("Private Placement"). Net proceeds of the Private Placement will be used for general corporate purposes. Morien has [...]
HALIFAX, NOVA SCOTIA--(Marketwired - Aug 25, 2014) - Morien Resources Corp. ("Morien" or the "Company") (TSX VENTURE:MOX), today announced it has waived its Right of First Refusal ("ROFR") with respect to the proposed sale by Glencore of its 75% interest in the Donkin Coal Project ("Donkin" or the "Project") in Cape Breton, Nova Scotia. The corporation offering to purchase the Glencore interest is an affiliate of The [...]
HALIFAX, NOVA SCOTIA--(Marketwired - Aug 11, 2014) - Morien Resources Corp. ("Morien" or the "Company") (TSX VENTURE:MOX), is pleased to announce it has received notice from Glencore of the intended sale of Glencore's 75% interest in the Donkin Coal Project. An arms-length third party has agreed to terms with Glencore for the purchase of the entirety of Glencore's interests in the Donkin Coal Project, including all [...]
HALIFAX, NOVA SCOTIA--(Marketwired - Aug 5, 2014) - Morien Resources Corp. ("Morien" or the "Company") (TSX VENTURE:MOX), is pleased to announce it has received an initial royalty payment from Banks Island Gold Ltd. ("Banks Island") arising from the Company's 1.5% net smelter return ("NSR") royalty on production from its Yellow Giant Gold project. Banks Island is a TSX-V listed mining company focused on the development of [...]
HALIFAX, NOVA SCOTIA--(Marketwired - Jun 19, 2014) - 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 17, 2014 in Halifax, Nova Scotia. Details of the AGM are provided below, followed by a project update. Results of [...]