Morien Resources Corp. , wishes to set the record straight and caution investors regarding misleading statements recently published by various Canadian media outlets in regard to an announcement by Kameron Collieries ULC , owner of the Donkin Coal Mine in Cape Breton, Nova Scotia. On Monday, March 30, 2020, Kameron announced that it has ceased production operations at the Donkin Mine due to adverse geological conditions [...]
Morien Resources Corp. , has announced that Kameron Collieries ULC , owner and operator of the Donkin Coal Mine in Cape Breton, Nova Scotia, has decided to place the Donkin Mine on care and maintenance. Kameron has issued a public media statement which is provided below. Morien will provide more information as it becomes available. Kameron Collieries Media Statement Kameron Collieries ULC, owner and operator of the Donkin [...]
Morien Resources Corp. , is pleased to announce that its Board of Directors declared a dividend of $0.0025 per common share for the first quarter of 2020. The dividend will be paid on March 27, 2020 to shareholders of record at the close of business on March 12, 2020. Morien’s quarterly dividend is intended to be step-variable in relation to Donkin Mine production expansion and coal price, having regard to the [...]
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 3,926,400 common shares, representing approximately 10% of the public float of Morien as of January 28 [...]
Morien Resources Corp. , is pleased to announce that its Board of Directors have declared a dividend of $0.0025 per common share for the fourth quarter of 2019. The dividend will be paid on December 20, 2019 to shareholders of record at the close of business on December 6, 2019. Morien’s quarterly dividend is intended to be step-variable in relation to Donkin Mine production expansion and coal price, having regard [...]
Morien Resources Corp. announced today the sale of its remaining land holdings in Hancock County, Georgia, USA to a Georgia-based individual for approximately CAD $935,000 in cash, after deducting transaction related costs. The sale was completed through Advanced Primary Minerals USA Corp. , a wholly owned subsidiary of Morien. The land holdings were inherited from a predecessor company to Morien and had been deemed a [...]
Morien Resources Corp. , is pleased to announce that its Board of Directors have declared a dividend of $0.0025 per common share for the third quarter of 2019. The dividend will be paid on September 27, 2019 to shareholders of record at the close of business on September 10, 2019. Morien’s quarterly dividend is intended to be step-variable in relation to Donkin Mine production expansion and coal price, having regard [...]
Morien Resources Corp. - Morien reports the sudden passing of Chris Cline, owner of The Cline Group, which operates the Donkin coal mine in Cape Breton, Nova Scotia and the Vista coal mine in Hinton, Alberta. Morien’s Board of Directors and executive team extend their deepest sympathies to the Cline family. Chris Cline, a West Virginia native, built an extremely successful coal empire and a reputation for charitable [...]
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 2019. The dividend will be paid on June 27, 2019 to shareholders of record at the close of business on June 10, 2019. Morien is also pleased to announce its shareholders voted in favour of all items of business brought before them at the Company's Annual and Special [...]
Morien Resources Corp. , is pleased to announce that it has received notice from Kameron Collieries ULC , the owner and operator of the Donkin Coal Mine in Cape Breton, Nova Scotia, that it has been granted approval by the Nova Scotia Department of Labour and Advanced Education for a revised ground control procedure which allows for the continuation of mining and development operations at Donkin. Kameron announced in [...]
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 2019. The dividend will be paid on March 29, 2019 to shareholders of record at the close of business on March 14, 2019. As the Donkin Coal Mine scales up production, it is anticipated that quarterly dividends will be calculated as a high percentage of cash flow available [...]
Morien Resources Corp. , announced today that its Board of Directors has adopted a shareholder rights plan . The Rights Plan has been accepted for filing by the TSX Venture Exchange , subject to certain conditions, including ratification by Morien’s shareholders at its next annual general meeting of shareholders , anticipated to be held on May 22, 2019. The purpose of the Rights Plan is to provide the Board with [...]
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