Morien Announces Results of Annual and Special Meeting
Morien Announces Results of Annual and Special Meeting
HALIFAX, Nova Scotia, May 14, 2026 -- Morien Resources Corp. ("Morien" or the " Company") (TSX-V:MOX) is pleased to
announce its shareholders voted in favour of all items of business brought before them at the Company's Annual and Special
Meeting of Shareholders ("AGM") held in Halifax on May 13, 2026.
Election of Directors
The number of directors was set by the Board at four, with John Budreski, Dawson Brisco, Mary Ritchie, and Beau White re-
elected to the Company's Board for the ensuing year.
Following the AGM, the Board confirmed the appointment of Morien’s executive officers, namely: Executive Chairman – John
Budreski; President and Chief Executive Officer – Dawson Brisco; and Chief Financial Officer – Susanne Willett.
Appointment of Auditor
MNP LLP was re-appointed as the Company’s auditor to hold office until the next annual meeting of shareholders or until its
successor is duly appointed, at a remuneration to be fixed by the Board.
Approval of Stock Option Plan
The shareholders also approved the Company's 10% rolling incentive stock option plan in accordance with the rules and
policies of the TSX Venture Exchange ("TSX-V").
About Morien
Morien is a Nova Scotia based, mining development company created in 2012 to be a vehicle of direct prosperity for Nova
Scotians, its largest shareholder group. Led by Nova Scotians, Morien’s primary assets are a royalty on the sale of coal from
the Donkin Mine in Cape Breton, Nova Scotia, and a royalty on the sale of aggregate from the permitted Black Point Project,
in Guysborough County, Nova Scotia. 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 60,180,889 issued and
outstanding common shares and a fully diluted position of 62,330,889. 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.sedarplus.ca) 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 & CEO
Phone: (902) 403-3149
or
John P.A. Budreski, Executive Chairman
Phone: (416) 930-0914
www.MorienRes.com