Appendix 3G

The latest announcement from Marvel Gold Limited is regarding the notification of the issue of unquoted securities under an employee incentive scheme. The company issued 2,000,000 MVLAR, 1,000,000 MVLAS, and 1,000,000 MVLAT securities under this scheme. The issuance date was 9 November 2020. The securities were issued pursuant to services agreements with management staff in Mali. The securities are not being immediately quoted on ASX. The company confirmed that no securities were issued under an existing class and there are no new classes of securities being issued. Marvel Gold Limited received confirmation from ASX that the terms of the securities are appropriate and equitable under listing rule 6.1.