Morien Announces Virtual Annual Meeting of Shareholders, Files Proxy Circular
April 23 2020 - 9:45AM
Morien Resources Corp. ("Morien" or the "Company") (TSXV:MOX) today
announces that its Annual and Special Meeting of Shareholders will
be held in a virtual-only format, and that its 2020 Notice of
Annual and Special Meeting, Management Information Circular and
Form of Proxy are now available on SEDAR.
Virtual Annual and Special Meeting of
Shareholders
Morien’s Virtual Annual and Special Meeting of
Shareholders (the “Meeting”) will be held on Wednesday, May 20 at
1:00 p.m. ET (2:00 p.m. AT). Due to the public health impact
of COVID-19 the Company will hold the Meeting in a virtual-only
format, with proceedings conducted solely via live audio by phone
and webcast. Shareholders who elect to attend the Meeting may
do so by calling 877-407-2991 (toll-free) or 201-389-0925.
Shareholders may also access a webcast of the Meeting using
an Internet-connected device, such as a laptop, computer, tablet or
cellphone, by visiting the following link:
https://78449.themediaframe.com/dataconf/productusers/morien/mediaframe/36851/indexl.html
All shareholders are encouraged to call in to
register at least 20 minutes prior to the start of the
Meeting. There will be no in-person meeting to attend this
year.
Important Information for Voting at the
Virtual Meeting
Shareholders of companies are either Registered
or Non-Registered. REGISTERED SHAREHOLDERS ARE THOSE WHO HAVE THEIR
NAMES, AND NOT THE NAMES OF THEIR BROKER OR OTHER INTERMEDIARY, ON
A PHYSICAL SHARE CERTIFICATE OR DIRECT REGISTRATION SYSTEM (DRS)
STATEMENT. This certificate or statement may be in your
possession or lodged at your bank or brokerage firm.
ONLY REGISTERED SHAREHOLDERS (and their duly
appointed proxyholders) WILL BE ABLE TO CAST OR MODIFY THEIR VOTE
AT THE VIRTUAL MEETING.
Non-Registered Shareholders are those holders
who have their share ownership through a broker, nominee or other
intermediary. NON-REGISTERED SHAREHOLDERS ARE URGED TO VOTE
AND SUBMIT PROXIES OR VOTING INSTRUCTION FORMS IN ADVANCE OF THE
MEETING AS THEY WILL NOT HAVE THE ABILITY TO SPEAK OR CHANGE THEIR
VOTES DURING THE MEETING.
Whether or not you plan to attend the Meeting,
Morien urges both its Registered and Non-Registered Shareholders to
vote and submit their proxies or voting instruction forms in
advance of the Meeting by one of the methods described in the
Company’s 2020 Management Information Circular.
We recommend that Shareholders call in 20
minutes in advance of the Meeting start time of 1:00 p.m. ET (2:00
p.m. AT) on May 20, 2020 to allow ample time to check into the
Meeting by telephone and to complete the registration and, if
applicable, voting procedures. At the outset of the Meeting,
all Registered Shareholders and duly appointed proxyholders will be
prompted to speak with Morien’s transfer agent, Computershare
Investor Services Inc., if they wish to cast a vote.
Meeting Materials
The Meeting materials for the Company have been
filed with Canadian securities regulators and have been distributed
to Registered Shareholders and intermediaries for delivery to
Non-Registered Shareholders. The documents may be accessed
electronically by visiting the Company’s profile on SEDAR at
www.sedar.com.
The Company intends to resume holding in-person
meetings for its 2021 annual meeting and thereafter.
About Morien
Morien is a Canadian based, dividend paying,
mining development company that holds royalty interests in two
tidewater accessed projects. Before going on care and
maintenance, the Donkin Coal Mine commenced production in 2017, and
the Black Point Aggregate Project, permitted in 2016, is
progressing toward a development decision and is paying advanced
minimum royalties to Morien. 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 52,419,114 issued and
outstanding common shares and a fully diluted position of
55,149,114. 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) on April 26, 2016. 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 & CEOPhone: (902) 403-3149
dbrisco@MorienRes.comorJohn P.A. Budreski, Executive ChairmanPhone:
(416) 930-0914www.MorienRes.com
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