Non-renounceable Entitlement Offer

Marvel Gold Limited has announced a non-renounceable pro-rata entitlement offer to eligible shareholders. The offer will provide one new fully paid ordinary share for every five shares held, at an issue price of $0.045. The company aims to raise approximately $5.2 million through this offer. Existing major shareholders, including Capital DI Limited and Deutsche Baloton Group, have committed to applying for a total of $2.1 million worth of new shares. The proceeds from the offer will be used to complete drilling programs at Tabakorole, as well as for exploration work at Kolondieba and Yanfolila, and for working capital.