Morien Announces Virtual Annual Meeting of Shareholders, Files Proxy Circular
April 24 2023 - 7:30AM
Morien Resources Corp. ("
Morien"
or the "
Company") (TSX-V:MOX), 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 (the “Meeting”) will be held on Wednesday, May 17 at
2:00 p.m. Atlantic Time. The Company will hold the Meeting in a
virtual-only format, with proceedings conducted solely via live
audio by phone and webcast. There will be no in-person meeting to
attend. Shareholders who elect to virtually attend the Meeting may
do so by calling 877-407-2991 (toll-free) or 201-389-0925.
Shareholders may also access a live, online Meeting webcast and
presentation by visiting the following link:
https://event.choruscall.com/mediaframe/webcast.html?webcastid=HR84lX0R
Important Information for Voting at the
Virtual Meeting
Morien recommends that Shareholders call in 20
minutes in advance of the Meeting start time to allow ample time to
check into the Meeting by telephone and to complete the
registration and, if applicable, voting procedures. At the outset
of the Meeting, all Registered Shareholders and duly appointed
proxyholders will be prompted to speak with Morien’s transfer
agent, Computershare Investor Services Inc., if they wish to cast a
vote.
Whether Shareholders plan to attend the Meeting
or not, Morien urges both its Registered and Non-Registered
Shareholders to vote and submit their proxies or voting instruction
forms in advance of the Meeting by one of the methods described in
the Company’s 2023 Management Information Circular found on SEDAR
and on the Company’s website here.
Registered Shareholders are those who have their
names, and not the names of their broker or other intermediary, on
a physical share certificate or direct registration system (DRS)
statement. This certificate or statement may be in your possession
or lodged at your bank or brokerage firm. Only Registered
Shareholders (and their duly appointed proxyholders) will be able
to cast or modify their vote at the virtual Meeting.
Non-Registered Shareholders are those holders
who have their share ownership through a broker, nominee or other
intermediary. Non-Registered Shareholders are urged to vote and
submit proxies or voting instruction forms in advance of the
Meeting as they will not have the ability to speak or change their
votes during the Meeting.
About Morien
Morien is a Canada based, mining development
company that holds royalty interests in two tidewater accessed
projects. The Donkin Coal Mine re-commenced production during the
third quarter of 2022 and royalties to Morien have commenced. The
Black Point Aggregate Project is permitted, and although production
has not begun, Morien is receiving advanced minimum royalty
payments on a quarterly basis. Morien’s management team exercises
ruthless discipline in managing both the assets and liabilities of
the Company. The Company’s management and its Board of Directors
consider shareholder returns to be paramount over corporate size,
number or scale of assets and industry recognition. The Company has
51,397,000 issued and outstanding common shares and a fully diluted
position of 54,247,000. Further information is available at
www.MorienRes.com.
Forward-Looking Statements
Some of the statements in this news release may
constitute "forward-looking information" as defined under
applicable securities laws. These statements reflect Morien's
current expectations of future revenues and business prospects and
opportunities and are based on information currently available to
Morien. Morien cautions that actual performance will be affected by
a number of factors, many of which are beyond its control, and that
future events and results may vary substantially from what Morien
currently foresees. Factors that could cause actual results to
differ materially from those in forward-looking statements include
risks and uncertainties described in documents filed by Morien with
the Canadian securities regulators on SEDAR (www.sedar.com) from
time to time. Morien cautions that its royalty revenue will be
based on production by third party property owners and operators
who will be responsible for determining the manner and timing for
the properties forming part of Morien’s royalty portfolio. These
third party owners and operators are also subject to risk factors
that could cause actual results to differ materially from those
predicted herein including: volatility in financial markets or
general economic conditions; capital requirements and the need for
additional financing; fluctuations in the rates of exchange for the
currencies of Canada and the United States; prices for commodities
including coal and aggregate; unanticipated changes in production,
mineral reserves and mineral resources, metallurgical recoveries
and/or exploration results; changes in regulations and
unpredictable political or economic developments; loss of key
personnel; labour disputes; and ineffective title to mineral claims
or property. There are other business risks and hazards associated
with mineral exploration, development and mining. Although Morien
believes that the forward-looking information contained herein is
based on reasonable assumptions (including assumptions relating to
economic, market and political conditions, the Company’s working
capital requirements and the accuracy of information supplied by
the operators of the properties in which the Company has a royalty
interest), readers cannot be assured that actual results will be
consistent with such statements. Morien expressly disclaims any
intention or obligation to update or revise any forward-looking
information in this news release, whether as a result of new
information, events or otherwise, except in accordance with
applicable securities laws. All dollar values discussed herein are
in Canadian dollars. Any financial outlook or future-oriented
financial information in this news release, as defined by
applicable securities laws, has been approved by management of
Morien as of the date of this news release. Such financial outlook
or future-oriented financial information is provided for the
purpose of providing information about management's current
expectations and plans relating to the future. Readers are
cautioned that such outlook or information should not be used for
purposes other than for which it is disclosed in this news
release.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
For more information, please
contact:
Dawson Brisco, President & CEOPhone: (902)
403-3149dbrisco@MorienRes.comorJohn P.A. Budreski, Executive
ChairmanPhone: (416) 930-0914 www.MorienRes.com
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