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 [...]
Morien Resources Corp. , 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 held virtually on May 17, 2023. Election of Directors The number of directors was set by the Board at five, with John Budreski, Dawson Brisco, Mary Ritchie, John Byrne, and Charles Pitcher re-elected to the Company's Board for the ensuing [...]
Morien Resources Corp. , today announces that its Annual and Special Meeting of Shareholders will be held in a virtual-only format, and that its 2023 Notice of Annual and Special Meeting, Management Information Circular and Form of Proxy are now available under the Company's profile on SEDAR at www.sedar.com. Virtual Annual and Special Meeting of Shareholders Morien's Virtual Annual and Special Meeting of Shareholders [...]
Morien Resources Corp. , is pleased to announce that its Board of Directors have declared a dividend of $0.0025 per common share for the first quarter of 2023. The dividend will be paid on March 28, 2023, to shareholders of record at the close of business on March 13, 2023. With the recommencement of mining operations at the Donkin Mine in September 2022, the Board approved the reinstatement of its quarterly dividend [...]
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 3,684,381 common shares, representing approximately 10% of the public float of Morien as of January 25 [...]
Morien Resources Corp. , today announced that the TSX Venture Exchange accepted the Company's notice to amend the terms of its normal course issuer bid by changing its broker to CIBC World Markets Inc. Pursuant to its NCIB, which was announced on January 28, 2022, Morien may acquire up to 3,763,300 common shares, representing approximately 10% of the public float of Morien as of January 21, 2022. Under TSX-V policies [...]
Morien Resources Corp. , is pleased to announce that the Nova Scotia Department of Environment and Climate Change has approved a request from Kameron Collieries ULC , owner and operator of the Donkin Mine , to renew its industrial approval for the Mine. The seven-year Approval takes effect on December 5, 2022, and expires December 31, 2029. Morien owns a gross production royalty for the Mine of 2% on the revenue from the [...]
Morien Resources Corp. , is pleased to announce that as part of the Company's strategy to maximize shareholder value, its board of directors has approved the reinstatement of paying dividends. The Board has declared a special dividend of CAD $0.005 per common share payable on December 20, 2022, to shareholders of record as at the close of business on December 12, 2022. It is the Company's current intention that in the [...]
Morien Resources Corp. is pleased to report that Kameron Collieries ULC, owner and operator of the Donkin Coal Mine in Cape Breton, Nova Scotia, has received regulatory approval to reopen the Mine from the Nova Scotia provincial government. Production has resumed. The Mine had been on care and maintenance since March 2020. Morien owns a gross production royalty for the Mine of 2% on the revenue from the first 500,000 [...]