BULLETIN V2024-1142
MARVEL DISCOVERY CORP. ("MARV")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: April 18, 2024
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a mineral property option agreement dated June 8, 2023 (the "Agreement"), between the Company and a Non-Arm's Length purchaser. Pursuant to the Agreement the Company will transfer 100% of its interest in 900 claims located along the Baie Verte Brompton Line, located in Central Newfoundland.
The Company will receive an aggregate of $93,000 cash, 3,000,000 common shares, 3,000,000 common share purchase warrants, and retain a 2.5% NSR. The Non-Arm's Length purchaser has the right to purchase 1% of the NSR for $1,000,000 at any time.
For further details, please refer to the Company's news releases dated June 8, 2023, September 7, 2023 and April 17, 2024.
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