Marvel Discovery

Marvel Discovery Arranges $1.9M private placement

Marvel Discovery Corp.(TSX-V: MARV), (Frankfurt: O4T), (MARVF: OTCQB); (the “Company”) is pleased to announce a non-brokered private placement to raise total proceeds of $1,900,000 by issuing up to 15,283,366 flow-through Units (the “FT Units”) and issuing up to 599,963 non flow-through units (the “NFT Units”).

Each FT Unit priced at $0.12 per unit will consist of one flow-through common share and one-half of one common share purchase warrant; each whole warrant (“Warrant”) entitling the holder to subscribe for and purchase one non-flow-through common share (“Warrant Shares”) at a price of $0.25 cents for a period of 24 months following the issuance date.

Each NFT Unit priced at $0.11 cents per unit will consist of one common share and one common share purchase warrant; each warrant entitling the holder to subscribe for and purchase one non-flow-through common share at a price of $0.18 cents for a period of 24 months following the issuance date.

The aggregate gross proceeds from the sale of the FT Offering will be used for exploration and development of the Company’s British Columbia, Saskatchewan, Ontario, Quebec, and Newfoundland projects.

A Finders fees may be paid in accordance with the policies of the TSX Venture Exchange.

All securities issued in connection with the Offering will be subject to a statutory hold period expiring four months and one day after closing. Final acceptance is subject to TSX Venture approval.

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.

Source

Click here to connect with Marvel Discovery Corp. (TSX-V: MARV), (Frankfurt: O4T), (MARVF: OTCQB), to receive an Investor Presentation

MARV:CA
The Conversation (0)
Marvel Discovery Acquires Strategic Ground In Elliot Lake, ON

Marvel Discovery Acquires Strategic Ground In Elliot Lake, ON

Marvel Discovery Corp. (TSX-V:MARV)(FRA:O4T)(OTCQB:MARVF) ("Marvel" or the "Company") is pleased to announce that it has acquired 100% of additional ground ("Pecors West") east of Elliot Lake to complement its East Bull Property. The additional land package of 805 hectares (ha) brings the land holdings in the area to a total of 6,157 ha. (Figure 1

The Pecors West property has the potential to host three unique styles of mineralization under the critical metals criteria:

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Marvel Resumes Exploration of Gold Anomaly at Victoria Lake

Marvel Resumes Exploration of Gold Anomaly at Victoria Lake

Marvel Discovery Corp. (TSXV:MARV)(Frankfurt:O4T)(OTCQB:MARVF) ("Marvel" or the "Company") is pleased to announce that the Company is planning a till sampling exploration program at its Victoria Lake Property for Q2 2024. The project is being planned as a follow-up to reconnaissance till and soil sampling completed in 2023 that identified anomalous gold. The Victoria Lake Property is situated over more than 15 kilometres of the Victoria Lake Shear Zone (VLSZ), part of an extensive fault corridor within Central Newfoundland that Honsberger et al. (2022)1 identified as emerging as one of the most prospective orogenic gold domains in Atlantic Canada. The project will further follow up on the second highest regional gold-in-till sample identified by the Newfoundland Geoscience Atlas, which reported 785 ppb Au from a sample collected within Marvel's Victoria Lake project

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Marvel Completes Drilling at Duhamel, Nickel-Copper-Cobalt Project, North of Quebec City

Marvel Completes Drilling at Duhamel, Nickel-Copper-Cobalt Project, North of Quebec City

Marvel Discovery Corp. (TSX-V:MARV)(Frankfurt:O4T)(MARVF:OTCQB); ( "Marvel " or the "Company" ) is pleased to report that the Company has completed drilling operations on its Ni-Cu-Co and Ti-V-Cr Duhamel property (the " Property ") located 350 kilometers (km) north of Quebec City, QC (Figure 1

Karim Rayani, Chief Executive Officer , states , "We are thrilled with the results of our inaugural drill campaign at our Duhamel project. Every hole was successful in intersecting our interpreted target horizons -intersecting disseminated, semi-massive and/or massive sulfide zones. At this state we have decided to pause our drilling operations and now will focus our efforts on both field and desktop studies to help us gain a better understanding of both the genesis and structural setting of these exciting massive sulfide zones. While we wait for assays on all holes, we will be conducting low frequency Borehole and Surface Time Domain Electromagnetics to assist with future targeting areas. Our field geologist is most excited with these initial results and seeing mineralized textures suggestive of these sulfides being part of a much larger sulfide pool, and we eagerly anticipate the Geophysical results to help us vector towards the higher conductance and thicker sulfide zones."

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Marvel Closes Final Tranche of Private Placement

Marvel Closes Final Tranche of Private Placement

Marvel Discovery Corp. (TSXV:MARV)(FSE:O4T)(OTCQB:MARVF) (the "Company") announces that it has closed the final tranche of its previously announced non-brokered private placement (the "Private Placement") by issuing 2,525,000 non flow-through units (the "NFT Units") at $0.04 per NFT Unit for gross proceeds of $101,000 (the "Final Tranche

Each NFT Unit consists of one non flow-through share (an "NFT Share") and one share purchase warrant (a "Warrant"). Each Warrant entitles the holder thereof to acquire an additional NFT Share at an exercise price of $0.075 per NFT Share for a period of five years.

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Marvel's CEO Issues Corporate Update Letter to Shareholders

Marvel's CEO Issues Corporate Update Letter to Shareholders

VANCOUVER, BC / ACCESSWIRE/ February 7, 2024 / Marvel Discovery Corp. (TSX-V:MARV)(Frankfurt:O4T)(MARVF:OTCQB); ( "Marvel " or the "Company" ) is pleased to report a corporate update letter in an address to shareholders from its Chief Executive Officer, Karim Rayani.

Dear Shareholders ,

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Opawica Announces the Closing of Final Tranche of Oversubscribed Non-Brokered Private Placement

Opawica Announces the Closing of Final Tranche of Oversubscribed Non-Brokered Private Placement

(TheNewswire)

Opawica Explorations Inc.

November 25th, 2024 TheNewswire - Vancouver, B.C. Opawica Explorations Inc. (TSXV: OPW) (FSE: A2PEAD) (OTCQB: OPWEF) (the "Company" or "Opawica") a Canadian mineral exploration company focused on precious and base metal projects, is pleased to announce that it has closed the final tranche of the recently announced oversubscribed private placement (announced October 15, 2024) of 8,280,667 Units to for total aggregate proceeds of CAD $1,242,100 each consisting of one Common Share of the Company and one Common Share Purchase Warrant at a price of $0.15 per Unit.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less

Newmont Announces Agreement for Sale of Éléonore for $795 Million in Cash

Announced Divestitures to Date Expected to Generate up to $3.6 Billion in Gross Proceeds

News Provided by Business Wire via QuoteMedia

Keep reading...Show less
Altair Minerals Limited

Significant Conductive & Phase Anomalies Identified West of BHP’s Oak Dam Deposit

Processing of Audio Magneto-Telluric Data reveals substantial IOCG potential

Altair Minerals Limited (ASX: ALR) (‘Altair or ‘the Company’) is pleased to report results from reprocessing AMT Data at its Olympic Domain IOCG project, immediately west of BHP’s Oak Dam IOCG project, which has been 3D forward modelled for the first time.

Keep reading...Show less
Arika Resources Limited

Multiple New Gold Targets Identified at Yundamindra

Discovery potential grows at Yundamindra, Laverton District, WA

Arika Resources Limited (ASX: ARI) (“Arika” or “Company”) is pleased to announce that it has completed a synthesis of multiple regional and local scale geophysical datasets over its Yundamindra Gold Project (“Yundamindra”) situated 65km southwest of Laverton in the world class eastern goldfields mining district of Western Australia.

Keep reading...Show less
Danielle DiMartino Booth, stock charts.

Danielle DiMartino Booth: Trump, Powell and US Recession Reality — Where to Focus Now

Speaking to the Investing News Network, Danielle DiMartino Booth, CEO and chief strategist at QI Research, shared her thoughts on the US economy, shedding light on the US Federal Reserve's interest rate path.

Weighing in on Fed Chair Jerome Powell's November 14 comments, she said he remains steadfast in his message that while inflation is coming down to the Fed's 2 percent target, there's a bumpy path ahead that will require patience.

"I think the idea here is not so much to hang onto every single word he's saying about the economy, but rather to understand that he's retaining flexibility and does not want to be pigeonholed into saying, 'Okay, there was one report that came out and therefore we're going to do this.' I don't think that's his aim," DiMartino Booth explained.

Keep reading...Show less
doug casey, red globe, dollar sign

Doug Casey: Gold to Go Much Higher; "Very Bullish" on Uranium, Oil/Gas, Coal Stocks

Speaking to the Investing News Network, Doug Casey of InternationalMan.com and the podcast Doug Casey's Take outlined his thoughts on the future of the US as Donald Trump gears up for his second presidential term.

He also discussed what he is — and isn't — doing with his money right now.

"Stay out of stocks, with a few exceptions here and there — there are always exceptions. Stay out of all bonds, frankly. They’re a triple threat to your capital," Casey said during the interview. "I still like commodities — commodities relative to everything else are cheap. And gold isn’t particularly cheap, but it’s going a lot higher."

Keep reading...Show less

Latest Press Releases

Related News

×