|Bid||0.50 x 0|
|Ask||0.50 x 0|
|Day's Range||0.4900 - 0.5000|
|52 Week Range||0.4200 - 0.6500|
|Beta (3Y Monthly)||0.57|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.01 (2.00%)|
|1y Target Est||0.20|
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The purpose of the Rights Plan is to provide the Board with additional time, in the event of an unsolicited takeover bid, to develop and propose alternatives to the bid and negotiate with the bidder, as well as to ensure equal treatment of shareholders in the context of an acquisition of control, and lessen the pressure on shareholders to tender to a bid. The Rights Plan is not intended to prevent take-over bids that treat shareholders fairly. Additionally, the Rights Plan has not been adopted in response to, or in anticipation of, any known or anticipated take-over bid or proposal to acquire control of the Company. Subject to shareholder approval at the 2019 AGM, the Rights Plan will be in effect until the Company’s 2022 annual meeting of the shareholders. A summary of the principal terms and conditions of the Rights Plan will be set out in the Company’s Circular to be mailed to shareholders prior to the AGM. A copy of the complete Rights Plan will be filed on SEDAR.
HALIFAX, Nova Scotia, Jan. 30, 2019 -- Morien Resources Corp. ("Morien" or the "Company") (TSX-V:MOX), is pleased to announce that the TSX Venture Exchange ("TSX-V") has.
Morien Resources Corp. ("Morien" or the "Company") (MOX.V), today provided an update with respect to the Company’s projects and ongoing corporate activities. Kameron Collieries ULC (“Kameron”), an affiliate of The Cline Group LLC, and owner/operator of the Donkin Coal Mine (“Donkin” or the “Donkin Mine”) in Cape Breton, Nova Scotia, has temporarily suspended production at Donkin due to a roof collapse in an older part of the mine.
Every investor in Morien Resources Corp. (CVE:MOX) should be aware of the most powerful shareholder groups. Institutions often own shares in more established companies, while it's not unusual to see Read More...
Morien Resources Corp. ("Morien" or the "Company") (MOX.V), is pleased to announce that its Board of Directors have declared a dividend of $0.0025 (one quarter of one cent) per common share for the forth quarter of 2018, and to announce the promotion of Mr. Dawson Brisco to President and Chief Executive Officer. It is Morien’s current intention to pay a quarterly dividend of $0.0025 per common share in Q1 2019. As the Donkin Coal Mine scales up production, it is anticipated that quarterly dividends will be calculated as a high percentage of cash flow available for distribution, having regard to the stability of cash flow and the need to maintain flexibility to secure new royalty assets.
The direct benefit for Morien Resources Corp (CVE:MOX), which sports a zero-debt capital structure, to include debt in its capital structure is the reduced cost of capital. However, the trade-offRead More...
The record date as mentioned in Morien's news release issued at 9:18 am ET on March 12, 2018, regarding the Company's Quarterly Dividend Payment has been changed from March 26, 2018 to March 16, 2018. ...
Morien Resources Corp. , is pleased to announce that its Board of Directors has declared a dividend of $0.0025 per common share for the first quarter of 2018. The dividend will be paid on March 29, 2018 ...