$5.7M Capital Raising to Accelerate Exploration Program

Marvel Gold Ltd has successfully raised $5.7 million through a placement of 95 million shares at $0.06 per share. The funds will be used to accelerate the company's exploration program, with a focus on the Tabakorole and Lakanfla gold projects in Mali. The company aims to grow the 910,000 ounce resource at the Tabakorole project and has already confirmed the presence of a karst at the Lakanfla project. The funding will provide flexibility to accelerate drilling and explore potential mineralized areas. Marvel Gold believes that Mali is an underexplored and highly prospective country for gold exploration.