Morien Signs Agreements to Sell Land Holdings in Georgia, USA
HALIFAX, NOVA SCOTIA--(Marketwired - Aug 7, 2013) - Morien Resources Corp. ("Morien" or the "Company") (TSX VENTURE: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.
About Morien
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.
Forward-Looking Statements
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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Contact
John P.A. Budreski, President and CEO
(416) 930-0914
Dawson Brisco, Manager Corporate Development
(902) 466-7255
info@morienres.com
www.morienres.com