Marvel Discovery Corp. — Capital/Financing Update 2023

Sep 2, 2023

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Marvel Discovery Corp. Suite 1100 – 1111 Melville St. Vancouver, BC, V6E 3V6 VANCOUVER TEL: (604) 670-0019 TORONTO TEL: (416) 477-1220 www.marveldiscovery.ca info@marveldiscovery.ca

NEWS RELEASE MARV: TSX-V

O4T: GR MARVF: OTCQB

MARVEL DISCOVERY ANNOUNCES STOCK OPTION GRANT

September 1, 2023, Vancouver, B.C. – Marvel Discovery Corp. (TSX-V: MARV), (Frankfurt: O4T), (OTCQB: MARVF); (“Marvel” or the “Company”) announces that it has granted an aggregate of 2,500,000 stock options (the "Options") to certain officers, directors and consultants of the Company for the purchase of up to 2,500,000 common shares, pursuant to the Company’s Stock Option Plan. The Options will vest immediately and are exercisable for a period of 5 years at an exercise price of $0.05 per share.

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: https://marveldiscovery.ca/

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

Disclaimer for Forward-Looking Information:

Certain statements in this release are forward-looking statements which reflect the expectations of management. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Forward-looking statements in this press release relate to, among other things: completion of the proposed Arrangement. Actual future results may differ materially. There can be no assurance that such statements will prove to be accurate, and actual results

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and future events could differ materially from those anticipated in such statements. There is no assurance any of the conditions for closing will be met. Forward-looking statements reflect the beliefs, opinions, and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the respective parties, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these times. Except as required by law, the Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release .

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