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].

HALIFAX, Nova Scotia, May 15, 2025 (GLOBE NEWSWIRE) -- Morien Resources Corp. ("Morien" or the "Company") (TSX-V:MOX) is pleased to announce its shareholders voted in favour of all items of business brought before them at the Company's Annual and Special Meeting of Shareholders (“AGM”) held in Halifax on May 14, 2025. Election of Directors The number of directors was set by the Board at four, with John Budreski, Dawson Brisco, Mary Ritchie, and Beau White re-elected to the Company's Board for the ensuing y ...