MOX Morien Resources Corp

Morien Resources Corp. (TSX VENTURE:MOX) ("Morien" or "Corporation") is pleased
to announce that, subsequent to a decision by the Supreme Court of Nova Scotia
on November 1, 2012 and final approvals from the TSX Venture Exchange, the
Corporation has commenced trading on the TSX-V Exchange under the ticker symbol
MOX. It is expected that Morien will have 49.3 mln common shares issued and
outstanding, and 51.7 mln common shares on a fully diluted basis.


Morien Assets 

Morien's principal asset is its 25% interest in the Donkin Coal Project on Cape
Breton Island, Nova Scotia. The Donkin deposit contains a 227 mln tonne
Indicated and 254 mln tonne Inferred coal resource that has many attractive
attributes, including coal qualities that are suitable for thermal or coking
coal applications, close proximity to tidewater, existing infrastructure,
domestic markets for thermal coal and a mining-friendly local community. Morien
also has other miscellaneous small-value assets.


Xstrata Donkin Sale Process

Morien's 75% joint venture partner, Xstrata Donkin Coal Management Limited
("Xstrata"), announced on April 26, 2012 it had decided to sell its interest in
the Donkin Project. Xstrata has targeted to substantially complete this sale
process by the end of 2012. This process is expected to result in the selection
of a company with the mining experience, technical expertise and financial
capability to operate the proposed Donkin underground mine safely and
efficiently. Morien has a 60-day right of first refusal to purchase Xstrata's
75% interest in the Donkin Project should Xstrata receive an offer that Morien
deems acceptable. Morien has entered into discussions with multiple parties to
assess various options centered around the Xstrata sale, including potential
offtake customers, end consumers, and joining forces with an operator to act on
its right of first refusal. 


Environmental Assessment 

The Donkin Project is subject to both the Canadian Environmental Assessment Act
and Nova Scotia's Environment Act and is undergoing a cooperative environmental
assessment process. It is anticipated that this process will conclude by the
second quarter 2013 with a decision from the Federal and Provincial environment
ministers. 


The Donkin Project proposal includes the construction and operation of an
underground coal mine with a lifespan in excess of 30 years. The 2011 Marston &
Marston Pre-feasibility report states that underground operations will include
multiple continuous-miners producing approximately 3.6 mln tonnes per annum
("Mtpa") of run-of-mine ("ROM") coal. A coal handling and processing plant
capable of processing the ROM coal will be constructed to produce approximately
2.75 Mtpa of product coal suitable for international coking coal markets, as
well as international and domestic thermal coal markets. 


The Donkin Project has already received development-stage approval to produce
2,000 tonnes per day of ROM coal in order to better assess the deposit and full
scale mining operations.


Current Activities

Morien has recently completed a bulk sampling program of coal from the Harbour
Seam, the principal target coal seam at Donkin, and has submitted samples to SGS
Laboratories in Kentucky for a comprehensive suite of tests to confirm thermal
and coking coal qualities. Bulk sample material has also been collected for
potential customers of Donkin coal.


The Morien Team 

Morien has assembled a highly competent team with extensive experience in the
mineral resource sector. Morien's management team consists of John P.A.
Budreski, President and CEO, Ken MacDonald, CFO, Mike MacDonald, VP Technical
and Government Affairs, and Dawson Brisco, Manager Corporate Development.
Morien's Board of Directors is comprised of Peter C. Akerley, Chairman, and four
Directors namely Charles G. Pitcher, John P. Byrne, Philip L. Webster and John
P.A. Budreski.


Forward-Looking Statements

Certain information regarding Morien contained herein may constitute
forward-looking statements within the meaning of applicable securities laws.
Forward-looking statements may include estimates, plans, expectations, opinions,
forecasts, projections, guidance or other statements that are not statements of
fact. Although Morien believe that the expectations reflected in such
forward-looking statements are reasonable, they can give no assurance that such
expectations will prove to have been correct. Morien caution that actual
performance will be affected by a number of factors, most of which are beyond
their control, and that future events and results may vary substantially from
what they currently foresee. The forward-looking statements are expressly
qualified in their entirety by this cautionary statement. The information
contained herein is stated as of the current date and subject to change after
that date. 




FOR FURTHER INFORMATION PLEASE CONTACT: 
Morien Resources Corp.
John P.A. Budreski, President, CEO and Director


Dawson Brisco
Manager Corporate Development
(902) 466-7255
info@morienres.com
www.morienres.com

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