Morien Receives Provincial Government Environmental Approval for Donkin Coal
HALIFAX, NOVA SCOTIA -- (Marketwired) -- 07/22/13 -- Morien Resources
Corp. ("Morien" or the "Company") (TSX VENTURE:MOX), is pleased to
announce the receipt of a positive environmental assessment decision
for the Donkin Coal Project ("Project") from Nova Scotia's provincial
Minister of Environment, the Honourable Sterling Belliveau. With
federal approval announced by the Company on July 17, 2013, the
Project now has all of the necessary environmental approvals to
advance toward full production. The Minister stated in his decision
that after a review of the information provided by the proponents,
coupled with information provided during the government and public
consultation process, he was satisfied that any adverse effects or
significant environmental effects of the undertaking can be
adequately mitigated through compliance with a list of terms and
The positive decision comes nearly twelve months after the Project
was registered for environmental assessment in accordance with Part
IV of Nova Scotia's Environment Act. To view the full environmental
assessment approval, please visit the Nova Scotia Department of
Environment website here.
The Company continues to work closely with a group of prospective
operating, marketing, coal purchasing and financial partners as the
Company actively pursues the path of acquiring Xstrata Coal's 75%
interest in the Project.
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.
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.
John P.A. Budreski, President and CEO
Dawson Brisco, Manager Corporate Development
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