Morien Resources is pleased to provide an update today with respect to purchases made pursuant to its Normal Course Issuer Bid, which has been in place since January 23, 2015. Morien has purchased for cancellation a total of 1,190,000 common shares of the Company for a total of $240,157, including commissions, at a weighted average price of $0.20 per common share. Morien is entitled under TSX Venture Exchange policies to [...]
Morien Resources is pleased to announce that the Environmental Impact Statement, has been submitted today to the Canadian Environmental Assessment Agency and Nova Scotia Environment for the Black Point Aggregate project in Guysborough County, Nova Scotia. Morien and Black Point Aggregates, a wholly owned subsidiary of Vulcan Materials Company, are working cooperatively to acquire the necessary environmental assessment [...]
Morien Resources is pleased to announce the closing of the transaction with Kameron Collieries ULC, an affiliate of The Cline Group LLC, for the exchange of Morien's 25% working interest in the Donkin Coal Project in Cape Breton, Nova Scotia, for cash and a production royalty. Approval of the Transaction was given at a special meeting of the Company's shareholders held on February 10, 2015, where shareholders voted 99.99 [...]
Morien Resources is pleased to announce that at the Company's Special Meeting of Shareholders held earlier today, Morien shareholders voted overwhelming in favour of a special resolution authorizing the exchange of Morien's 25% working interest in the Donkin Coal in Cape Breton, Nova Scotia for cash and a royalty. Under the terms of the Transaction, and in return for the 25% working interest, Kameron Collieries ULC, an [...]
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 [...]
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