MOX Morien Resources Corp

Morien Resources Corp. ("Morien" or the "Company") (TSX VENTURE:MOX), is pleased
to announce it has finalized the terms of a Letter of Intent ("LOI") for a coal
off-take agreement providing for the sale of production from the Donkin Coal
Project ("Donkin Project" or "Project") located in Cape Breton, Nova Scotia,
Canada. Concurrently, Morien has signed a Memorandum of Understanding ("MOU")
with an operating partner providing for the establishment of a Joint-Venture
Agreement to develop and operate the Donkin Project. These milestones were
precursors to submitting an offer to Glencore-Xstrata ("Glencore") on November
4th, 2013 for the purchase of its 75% interest in the Donkin Project, and Morien
has subsequently entered negotiations with Glencore. The LOI and MOU are
conditional upon the purchase of the 75% interest in the Donkin Project
currently owned by Glencore, and are subject to the conversion of each into
definitive contracts.


Glencore announced in April 2012 that it intended to seek an operating partner
to acquire its share of the Donkin Project and issued the following statement
from Peter Freyberg, Chief Executive Officer, Xstrata Coal: "Over the past
decade, Xstrata Coal (now Glencore) has evolved, as has our business strategy,
and core to that is a focus on larger volume mining complexes. We believe the
Donkin Coal project is a valuable asset to a qualified partner and remain
positive about its viability. We will continue to work closely with Erdene (now
Morien) and the Province of Nova Scotia to secure an operating partner to
advance the project to production". 


In a media statement released today, Glencore indicated that during negotiations
it will be minimizing expenditures at the Project. Glencore indicated this
involves securing the tunnel entries for a new operator. Morien views these
actions by Glencore as an indication of its willingness to transition the
Project to new owners and Morien is confident Glencore would do nothing to
damage the Project given the advanced level of negotiations between the parties.
Although there is no guarantee the current negotiations will end in a
transaction, Morien management believes Glencore shares its desire to see the
Project developed for the benefit of all stakeholders.


"After many months of hard work and dedication by all involved, we have reached
the stage where we can undertake the last step of the transaction to develop and
begin production from the Donkin Project" stated John Budreski, CEO of Morien.
"This is a win-win for all parties involved. We believe we have partnered with a
first-class operator and secured a very solid sales base with an off-take
partner and are pleased we can readily assist Glencore with its objective of
providing a qualified operating partner to assume its interest and advance the
Donkin Project to production. We look forward to working with Glencore to
arrange reasonable terms for the purchase and transfer of its ownership." 


About Morien

Morien is a Canadian company engaged in resource development and its principal
asset is a 25% interest in the Donkin Coal Project in Nova Scotia. Morien has
49,256,240 issued and outstanding common shares and a fully diluted position of
53,211,240. Further information is available at www.morienres.com.


Forward-Looking Statements

This news release may contain forward looking statements based on assumptions
and judgments from management regarding future events or results that may prove
to be inaccurate as a result of exploration, development and other risk factors.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
John P.A. Budreski, President and CEO
(416) 930-0914


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

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