Morien Receives Notice from Kameron to Explore Sale of Donkin Mine Interest

Core Viewpoint - Morien Resources Corp. has received notice from Kameron Collieries ULC regarding its intent to explore the sale of its 100% ownership in the Donkin Coal Mine in Nova Scotia [1][3]. Group 1: Sale Process - Kameron is in the early stages of initiating the sale process and has not yet entered into any binding sale agreement with a third party [3]. - The parent company of Kameron, The Cline Group, has engaged Perella Weinberg Partners to lead the sales process [3]. - Morien will provide further information on the sale process as it becomes available [4]. Group 2: Royalty Agreement - Under the Royalty Agreement, Morien holds a 2-4% production royalty on coal sales from the Donkin Mine, which is binding upon Kameron and any successor owners [2]. Group 3: Company Overview - Morien is a mining development company based in Nova Scotia, created in 2012, with primary assets including a royalty on coal sales from the Donkin Mine and a royalty on aggregate sales from the Black Point Project [5]. - The company emphasizes shareholder returns over corporate size and industry recognition, with 51,292,000 issued and outstanding common shares and a fully diluted position of 53,992,000 [5].