Morien Signs Agreements to Sell Land Holdings in Georgia, USA
August 7, 2013 – Halifax, Nova Scotia – Morien Resources Corp. (“Morien” or the “Company“) (TSXV:MOX), is pleased to announce the signing of agreements of purchase and sale (“Agreements”) with two Georgia-based parties for 208 acres of real estate in McDuffie County, Georgia, USA. The Agreements include cash consideration of USD$295,000 on closing which is expected to occur on or before August 30, 2013.
Morien is a Canadian company engaged in resource development and its principal asset is a 25% interest in the Donkin Coal Project in Nova Scotia. Morien has 49,256,240 issued and outstanding common shares and has 4,633,226 options outstanding. Further information is available at www.morienres.com.
This news release may contain forward looking statements based on assumptions and judgments from management regarding future events or results that may prove to be inaccurate as a result of exploration, development and other risk factors.
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For more information, please contact:
John P.A. Budreski, President and CEO
Phone: (416) 930-0914
Dawson Brisco, Manager Corporate Development
Phone: (902) 466-7255