BULLETIN V2024-0584
MARVEL DISCOVERY CORP. ("MARV")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 22, 2024
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement:
Number of Units: 12,000,000 Flow-through Units (the "FT Unit")
3,775,000 Non-Flow-Through Units (the "NFT Unit")
Purchase Price: $0.05 per FT Unit
$0.04 per NFT Unit
Warrants: 9,775,000 share purchase warrants to purchase
9,775,000 shares
Warrant Exercise Price: 6,000,000 warrants are exercisable at $0.10 per share for a two-year period.
3,775,000 warrants are exercisable at $0.075 per share for a five-year period
Number of Placee: 5 placees
Insider / Pro Group Participation:
Placees # of Placee (s) Aggregate # of Shares
Aggregate Existing Insider
Involvement:
Aggregate Existing Pro Group Involvement: N/A
N/A N/A
N/A
Aggregate Cash Amount Aggregate #
of Shares Aggregate #
of Warrants
Finder's Fee: $45,500 N/A 927,500
Finder's Warrants Terms: Each warrant entitles the holder to purchase one common share at the price of $0.075 for a period of two years from the date of issuance
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the Company issued a news release on February 15, 2024, announcing the closing of the private placement.
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