Morien Announces Private Placement

HALIFAX, NOVA SCOTIA--(Marketwired - Sep 8, 2014) - Morien Resources Corp. ("Morien" or the "Company") (TSX VENTURE:MOX), is pleased to announce it intends to undertake a non-brokered private placement to sell up to 6,750,000 common shares at $0.20 per common share for gross proceeds of up to $1,350,000 ("Private Placement"). Net proceeds of the Private Placement will be used for general corporate purposes.

Morien has engaged the services of Altus Securities Inc. and Primary Capital Inc. to act as advisors on behalf of the Company for this Private Placement. Morien's Management and Directors have indicated that they intend to subscribe to approximately 25% of the maximum Private Placement. Finder's fees may be paid on a portion of the Private Placement, consisting of up to 6.5% of the gross proceeds raised and that number of finder's fee warrants equal to up to 6.5% of the number of common shares issued on the Private Placement. Each finder's fee warrant will be exercisable into one common share of the Company at $0.25 per share, for a period of 24 months from the closing date.

The Private Placement is expected to close on or before the end of September, 2014, and is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals including the approval and acceptance by the TSX Venture Exchange. All securities issued pursuant to the Private Placement will be subject to a four month hold period.

About Morien

Morien Resources Corp. is a Canadian mining exploration and development company which holds a 25% interest in the Donkin Coal Project and non-operating royalty interests in two other projects in development and operation stage;

Donkin Coal Project, Nova Scotia, Canada: Morien holds a 25% minority interest, with a $9 million carried interest, in one of the largest undeveloped coal deposits in North America. The Project is fully permitted and is located within 30 kilometres of a deep water port in Sydney, Nova Scotia.

Black Point Aggregate Project, Nova Scotia, Canada: Vulcan Materials Company, the United States largest producer of construction aggregates, purchased Morien's rights to the Project in Q2 2014 and is currently permitting the Project for eventual production within the 2018 to 2020 period. Morien received an industry competitive per-tonne Royalty for the life of mine which is expected to continue for over 50 years, $1 million in payments from Vulcan on signing, and is entitled to receive an additional payment of $800,000 on the successful environmental permitting of the Project, anticipated in Q3 2015.

Banks Island Gold Project, British Columbia, Canada: Morien holds a 1.5% NSR Royalty over the marketable metal, ores, minerals and concentrates produced and shipped from a 1,987 hectare area within the Yellow Giant Gold property located 105 kilometres south of Prince Rupert, British Columbia. Banks Island commenced production in Q1 2014.

Industrial Mineral Interests, Georgia, U.S.: Morien holds various direct and in-direct interests in industrial mineral properties in the United States.

Morien has 49,256,240 issued and outstanding common shares and a fully diluted position of 52,886,240. 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 Morien's annual information form filed with the Canadian Securities regulators on SEDAR (www.sedar.com). 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 gold, 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, 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.

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.