About Morien Resources

Morien Resources Corp. is a Nova Scotia-based mining royalty company, created in 2012 to serve as a vehicle of direct prosperity for Nova Scotians, who remain its largest shareholder group. Led by Nova Scotians, Morien’s cornerstone assets include a royalty on the sale of coal from the Donkin Mine in Cape Breton, Nova Scotia — currently idled and awaiting a restart decision by the operator — and a royalty on the sale of aggregate from the fully permitted Black Point Project in Guysborough County, Nova Scotia.

In 2025, Morien commenced a strategic alliance with Carver Companies, a U.S.-based bulk commodity operator with decades of experience in quarrying, marine terminals, and logistics. The alliance is focused on advancing large-scale, long-life aggregate development opportunities in Atlantic Canada, including the Lazy Head Aggregate Project in Guysborough County. Lazy Head is currently progressing through environmental assessment and permitting, with baseline studies, engineering, and community engagement underway.

Morien’s management team exercises disciplined capital allocation and maintains a lean corporate structure, prioritizing shareholder returns over corporate size, asset count, or industry profile. The Company’s strategy is to build and manage long-life royalty interests in energy and bulk commodity assets alongside experienced operating partners.

Morien has 60.2 million issued and outstanding common shares and a fully diluted position of 62.3 million.