Quarterly Activities and Cashflow Report - June 2024

**Quarter ended 30 June 2024 Activities Report Summary:** **Financials:** - Cash balance stood at $0.90 million as of June 30, 2024. - Evolution Energy Minerals shareholding valued at $1.6 million. - Net cash used in operating activities was $248,000 for the quarter. - Staff costs included one-off redundancy costs for Mali employees. **Business Development:** - Marvel focused on identifying greenfield opportunities outside of Mali for long-term sustainable growth. - Detailed due diligence conducted on potential projects with a focus on gold and other metal projects in Africa and elsewhere. **Corporate:** - Experienced mining executive, Mr. Steven Michael appointed as Non-Executive Director. - Former Managing Director and CEO, Mr. Chris van Wijk, stepped down in April and May 2024, respectively. **Asset Highlights:** - Marvel holds interests in Tabakorole, Kolondieba, and Yanfolila Gold Projects in Southern Mali. - Efforts continue to realize value for Mali exploration assets despite Cadastre delays. **Reconciliation of Cash Flows:** - Net cash from operating activities was ($248,000) with cash and cash equivalents at $0.90 million as of June 30, 2024. **Future Outlook:** - Marvel intends to dispose of its shareholding in Evolution Energy Minerals when circumstances permit. - Strategic opportunities continue to be assessed for Mali exploration assets. For further details, visit our website at www.marvelgold.com.au. Investors are welcome to inquire for more information.