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Morien Resources Applauds Nova Scotia’s Pro-Resource Agenda

Story Highlights
  • Morien Resources is a mining company with key assets in Nova Scotia.
  • Nova Scotia’s government plans to boost the natural resource sector, which supports Morien’s operations.
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Morien Resources Applauds Nova Scotia’s Pro-Resource Agenda

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Morien Resources ( (TSE:MOX) ) just unveiled an update.

Morien Resources Corp. has expressed approval of the Nova Scotia Government’s renewed commitment to the natural resource sector, as detailed in Premier Tim Houston’s recent letter outlining his second-term governance strategy. The Premier aims to enhance self-reliance by exploiting opportunities in energy and minerals, emphasizing a need to expedite project approvals and reverse outright bans, which is expected to benefit companies like Morien in the resource-rich province.

More about Morien Resources

Morien Resources is a Nova Scotia-based mining development company established in 2012. Its primary assets include royalties on coal sales from the Donkin Mine and aggregate sales from the Black Point Project, focusing on delivering prosperity to Nova Scotians, its largest shareholder group.

YTD Price Performance: 6.52%

Average Trading Volume: 15,717

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$12.57M

For an in-depth examination of MOX stock, go to TipRanks’ Stock Analysis page.

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