Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (139451)	12/13/2022 3:13:52 PM
From: Goose94	Read Replies (1) \| Respond to of 203346

Marvel Discovery (MARV-V) Closes $1.965 Million Oversubscribed Private Placement Dec 13, '22 - NR Marvel Discovery is pleased to announce that it has closed its oversubscribed non-brokered private placement totaling $1,964,904.28 (the "Offering") by issuing 15,283,369 flow-through units (the “FT Units”) and 1,190,000 non-flow-through units (the “NFT Units”). Each FT Unit priced at $0.12 per FT Unit consists of one flow-through common share and one-half of one common share purchase warrant; each whole warrant entitling the holder to subscribe for and purchase one non-flow-through common share at a price of $0.25 for a period of 24 months following the issuance date. Each NFT Unit priced at $0.11 per NFT Unit consists 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 for a period of 24 months following the issuance date. The aggregate gross proceeds from the sale of the FT Units will be used for exploration and development of the Company's British Columbia, Ontario, Quebec, Saskatchewan, and Newfoundland projects. The aggregate gross proceeds from the sale of the NFT Units will be used for general working capital purposes. Finders’ fees totaling $150,680.34 cash and 1,258,670 finders’ warrants will be paid in connection with the Offering. Each finders’ warrant entitles the holder thereof to subscribe for and purchase one non-flow-through common share at a price of $0.18 for a period of 24 months following the issuance date. All securities issued in connection with the Offering will be subject to a statutory hold period expiring four months and one day after closing of the Offering. Completion of the Offering, and payment of the Finders’ fee are subject to the final approval of the TSX Venture Exchange. 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: vwwlpwyy.r.us-west-2.awstrack.me 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