Core Viewpoint - Morien Resources Corp. is increasing its non-brokered LIFE financing to offer up to 8,888,889 common shares at a price of $0.18 per share, aiming for gross proceeds of up to $1,600,000 due to strong investor demand [1]. Financing Details - The LIFE Offering is set to close on or about December 16, 2025, pending customary conditions and necessary approvals, including from the TSX Venture Exchange [3]. - The net proceeds from the LIFE Offering are expected to support Morien's operations for an estimated four to five years, covering working capital and general corporate purposes [4]. Project and Partnership Updates - Morien plans to use the funds to advocate for the restart of operations at the Donkin Mine, progress the Lazy Head Aggregate Project in partnership with Carver Companies, and evaluate a Newfoundland aggregate opportunity [4]. - The company continues its relationship with Vulcan Materials Company regarding the Black Point Quarry Project and a $400,000 milestone payment owed to Morien [4]. Share Offering Conditions - The Offered Shares may be sold on a private placement basis in Canada (excluding Québec), the United States under available exemptions, and other jurisdictions as determined by the company [5]. - Shares issued under the Listed Issuer Financing Exemption to Canadian residents will not be subject to a hold period under Canadian securities laws [5]. Company Overview - Morien is a mining development company based in Nova Scotia, established in 2012, with primary assets including royalties from the Donkin Mine and the Black Point Project [7]. - The company emphasizes shareholder returns over corporate size and has 51,292,000 issued and outstanding common shares, with a fully diluted position of 53,992,000 [7].

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES HALIFAX, Nova Scotia, Dec. 02, 2025 (GLOBE NEWSWIRE) -- Morien Resources Corp. (“Morien” or the “Company”) (TSX-V: MOX) announces a non-brokered private placement consisting of up to 5,555,556 common shares (“Offered Shares”) at a price of $0.18 per Offered Share (the “Offering Price”) for gross proceeds of up to $1,000,000 (the “LIFE Offering”) pursuant to the Listed Issuer Financing Exemption under Part 5A of ...

Core Points - Abcourt Mines Inc. has entered into an agreement with Red Cloud Securities Inc. for a brokered private placement aiming to raise up to $8,500,000 through the sale of flow-through units and regular units [1][4] - The offering includes up to 41,666,666 flow-through units priced at $0.12 each and up to 41,176,471 regular units priced at $0.085 each [1][3] - The proceeds from the sale of regular units will be allocated for working capital and general corporate purposes, while proceeds from flow-through units will be directed towards the exploration of the Flordin-Cartwright project in Quebec [6] Offering Details - Each flow-through unit consists of one common share and one warrant, with the warrant allowing the purchase of an additional common share at $0.12 within 36 months [2] - Each regular unit also consists of one common share and one warrant, with similar terms for the warrant [3] - The offering is subject to conditions including necessary approvals from the TSX Venture Exchange, with a closing date expected around October 31, 2025 [7] Additional Information - The agents have an option to sell an additional $1,500,000 in units prior to the closing date [5] - The securities will be offered under the Listed Issuer Financing Exemption, making them immediately tradeable under Canadian securities legislation for Canadian residents [4] - The company is a Canadian development firm with properties in northwestern Quebec, focusing on the Sleeping Giant mine and mill [11]

Core Viewpoint - Morien Resources Corp has entered into a strategic partnership with a large U.S.-based regional crushed stone operator to explore long-life crushed stone opportunities in Atlantic Canada [1][3]. Group 1: Strategic Partnership - The partnership aims to leverage Morien's regional expertise and relationships to unlock the potential of high-quality mineral resources in Atlantic Canada for domestic and export infrastructure markets [2][3]. - The collaboration is expected to capitalize on Atlantic Canada's strategic location, deep-water access, and high-quality stone resources to meet rising infrastructure demands in Canada and the eastern U.S. [3]. Group 2: Project Development - A granite project in Nova Scotia has advanced to formal technical and stakeholder engagement, with environmental and permitting groundwork underway [4]. - A limestone project in Newfoundland is progressing through due diligence, including early-stage technical and commercial assessment [4]. Group 3: Financial Terms - Under the strategic partnership agreement, Morien will receive milestone payments upon successful permitting of designated projects and is entitled to a competitive production royalty on future sales [5]. - The partner will reimburse Morien's time and expenses associated with each project, aligning with Morien's focus on disciplined project selection and a partner-driven business model [5]. Group 4: Future Updates - The company expects to provide further updates as milestones are achieved within this new aggregate initiative [6].

Core Points - Morien Resources Corp. announced that shareholders voted in favor of all items at the Annual and Special Meeting of Shareholders held on May 14, 2025 [1] Group 1: Election of Directors - The Board set the number of directors at four, re-electing John Budreski, Dawson Brisco, Mary Ritchie, and Beau White for the upcoming year [2] - The Board confirmed the appointment of executive officers: John Budreski as Executive Chairman, Dawson Brisco as President and CEO, Susanne Willett as CFO, and Suzan Frazer as Corporate Secretary [2] Group 2: Appointment of Auditor - MNP LLP was re-appointed as the Company's auditor until the next annual meeting or until a successor is appointed, with remuneration to be determined by the Board [3] Group 3: Approval of Stock Option Plan - Shareholders re-approved the Company's 10% rolling incentive stock option plan in accordance with TSX Venture Exchange rules [4] Group 4: Continuance of Shareholder Rights Plan - Shareholders approved the reconfirmation and continuance of the Company's shareholder rights plan, originally approved in 2019, which requires affirmation every three years [5] - The Rights Plan aims to provide the Board and shareholders time to consider future takeover bids, ensuring fair treatment for all shareholders [5] Group 5: Company Overview - Morien is a mining development company based in Nova Scotia, established in 2012, focusing on direct prosperity for Nova Scotians [6] - The Company's primary assets include a royalty on coal sales from the Donkin Mine and a royalty on aggregate sales from the Black Point Project [6] - Morien emphasizes shareholder returns over corporate size and has 51,292,000 issued common shares, with a fully diluted position of 53,992,000 [6]