Subject: Marvel Discovery Corp. (TSXV:MARV)
PDF Document
File: Attachment 24-06-07 NR Marvel Warrant Amendment & Option Grant.pdf
Marvel Discovery Corp.
Suite 1903 808 Nelson Street
Vancouver, BC, V6Z 2H1
VANCOUVER TEL: (604) 670-0019
TORONTO TEL: (416) 477-1220
www.marveldiscovery.ca
info@marveldiscovery.ca
NEWS RELEASE MARV: TSX-V
O4T: GR
MARVF: OTCQB
MARVEL ANNOUNCES WARRANT AMENDMENT AND OPTION GRANT
June 7, 2024. Vancouver, B.C. Marvel Discovery Corp. (TSX-V: MARV) (FRA: O4T) (OTCQB:
MARVF) ("Marvel" or the "Company") announces that the Company intends to extend the expiry
date of a total of 2,000,000 share purchase warrants exercisable at $0.15 per share expiring on
June 28, 2024 (the "Warrants"). The Warrants were issued to an insider of the Company pursuant
to a private placement which closed on June 28, 2021. The Company proposes to extend the
expiry date by an additional two years to June 28, 2026 and reprice a total of 200,000 Warrants
to an exercise price of $0.11 per share. The remaining 1,800,000 Warrants will continue to be
exercisable at $0.15 per share in compliance with the policies of the TSX Venture Exchange. All
other terms and conditions of the Warrants remain unchanged. The amendment of the Warrants
is subject to acceptance by the TSX Venture Exchange.
The Company also announces that it has granted stock options (the "Options") to certain officers,
directors and consultants of the Company for the purchase of up to 3,000,000 common shares,
pursuant to the Company's Equity Incentive Plan. The Options will vest immediately and are
exercisable for a period of 5 years at an exercise price of $0.05 per share.
About Marvel Discovery Corp.
Marvel, listed on the TSX Venture Exchange for over 25 years, is a Canadian based emerging
resource company. The Company is systematically exploring its extensive property positions in:
dot Newfoundland (Slip, Gander North, Gander South, Victoria Lake, Baie Verte, and Hope
Brook Au Prospects)
dot Atikokan, Ontario (BlackFly Au Prospect)
dot Elliot Lake, Ontario (East Bull - Ni-Cu-PGE Prospect)
dot Quebec (Duhamel -Ni-Cu-Co prospect & Titanium, Vanadium, and Chromium Prospect)
dot Prince George, British Columbia (Wicheeda North Rare Earth Elements Prospect)
The Company's website is: https://marveldiscovery.ca/
1|Page
ON BEHALF OF THE BOARD
Marvel Discovery Corp.
"Karim Rayani"
Karim Rayani
President/Chief Executive Officer, Director
Tel: 604 716 0551 email: k@r7.capital
Disclaimer for Forward-Looking Information:
Certain statements in this release are forward-looking statements which reflect the expectations of
management. Forward-looking statements consist of statements that are not purely historical, including
any statements regarding beliefs, plans, expectations, or intentions regarding the future. Forward-
looking statements in this press release relate to, among other things: completion of the proposed
Arrangement. Actual future results may differ materially. There can be no assurance that such statements
will prove to be accurate, and actual results and future events could differ materially from those
anticipated in such statements. There is no assurance any of the conditions for closing will be met.
Forward-looking statements reflect the beliefs, opinions, and projections on the date the statements are
made and are based upon a number of assumptions and estimates that, while considered reasonable by
the respective parties, are inherently subject to significant business, economic, competitive, political and
social uncertainties and contingencies. Readers should not place undue reliance on the forward-looking
statements and information contained in this news release concerning these times. Except as required by
law, the Company does not assume any obligation to update the forward-looking statements of beliefs,
opinions, projections, or other factors, should they change, except as required by law.
Neither 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.
2|Page
Word Document
File: '\\swfile\EmailIn\20240607 113654 Attachment 24-06-07 NR Marvel Warrant Amendment & Option Grant.docx'
5 | Page
Marvel Discovery Corp.
Suite 1903 - 808 Nelson Street
Vancouver, BC, V6Z 2H1
VANCOUVER TEL: (604) 670-0019
TORONTO TEL: (416) 477-1220
www.marveldiscovery.ca
info@marveldiscovery.ca
www.falcongold.ca
info@falcongold.ca
NEWS RELEASE MARV: TSX-V
O4T: GR
MARVF: OTCQB
MARVEL ANNOUNCES WARRANT AMENDMENT AND OPTION GRANT
June 7, 2024. Vancouver, B.C. - Marvel Discovery Corp. (TSX-V: MARV) (FRA: O4T) (OTCQB: MARVF) ("Marvel" or the "Company") announces that the Company intends to extend the expiry date of a total of 2,000,000 share purchase warrants exercisable at $0.15 per share expiring on June 28, 2024 (the "Warrants"). The Warrants were issued to an insider of the Company pursuant to a private placement which closed on June 28, 2021. The Company proposes to extend the expiry date by an additional two years to June 28, 2026 and reprice a total of 200,000 Warrants to an exercise price of $0.11 per share. The remaining 1,800,000 Warrants will continue to be exercisable at $0.15 per share in compliance with the policies of the TSX Venture Exchange. All other terms and conditions of the Warrants remain unchanged. The amendment of the Warrants is subject to acceptance by the TSX Venture Exchange.
The Company also announces that it has granted stock options (the "Options") to certain officers, directors and consultants of the Company for the purchase of up to 3,000,000 common shares, pursuant to the Company's Equity Incentive Plan. The Options will vest immediately and are exercisable for a period of 5 years at an exercise price of $0.05 per share.
About Marvel Discovery Corp.
Marvel, listed on the TSX Venture Exchange for over 25 years, is a Canadian based emerging resource company. The Company is systematically exploring its extensive property positions in:
Newfoundland (Slip, Gander North, Gander South, Victoria Lake, Baie Verte, and Hope Brook - Au Prospects)
Atikokan, Ontario (BlackFly - Au Prospect)
Elliot Lake, Ontario (East Bull - Ni-Cu-PGE Prospect)
Quebec (Duhamel -Ni-Cu-Co prospect & Titanium, Vanadium, and Chromium Prospect)
Prince George, British Columbia (Wicheeda North - Rare Earth Elements Prospect)
The Company's website is: https://marveldiscovery.ca/
ON BEHALF OF THE BOARD
Marvel Discovery Corp.
"Karim Rayani"
Karim Rayani
President/Chief Executive Officer, Director
Tel: 604 716 0551 email: k@r7.capital
Disclaimer for Forward-Looking Information:
Certain statements in this release are forward-looking statements which reflect the expectations of management. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Forward-looking statements in this press release relate to, among other things: completion of the proposed Arrangement. Actual future results may differ materially. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. There is no assurance any of the conditions for closing will be met. Forward-looking statements reflect the beliefs, opinions, and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the respective parties, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these times. Except as required by law, the Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.
Neither 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.
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