December 12, 2017 - Morien Resources Corp. ("Morien" or the "Company") (TSX VENTURE:MOX), has announced that as part of the Company's strategy to maximize shareholder value, its board of directors has approved the implementation of a dividend policy. The Board has also declared an inaugural dividend of CAD $0.005 per common share payable on December 27, 2017 to shareholders of record as at the close of business on December 20, 2017.

It is the Company's current intention that in 2018 it will pay quarterly dividends of $0.0025 per common share. Beyond 2018, as the Donkin Coal Mine scales up production, it is anticipated that quarterly dividends will be calculated as a 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. However the declaration, amount and timing of any future dividends remain at the discretion of the Board.

Future dividends will be subject to the Board's determination that the payment of a dividend is in the best interest of Morien and its shareholders, having regard to the Company's cash reserves, anticipated financial requirements, legal requirements for the declaration of dividends and other conditions existing at such time, including forward coal production guidance from Kameron Collieries ULC, owner/operator of the Donkin Coal Mine.

The Company's dividend payments will qualify as an 'eligible dividend' for Canadian income tax purposes.

Morien is a Canadian mining exploration and development company, focused on unique mineral industry opportunities in North America with a strong cash position and two, long-life royalty assets in Nova Scotia, Canada; a gross production royalty of 2% to 4% on all coal sales from Kameron Collieries' Donkin Coal Mine which entered production in Q1 2017; and a production royalty on Vulcan Materials Company's Black Point Aggregate Project which was recently permitted and is progressing toward a development decision.