Marvel Discovery Corp. — Capital/Financing Update 2024

Jan 20, 2024

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Marvel Discovery Corp. Suite 1100 – 1111 Melville St. Vancouver, BC, V6E 3V6 VANCOUVER TEL: (604) 716-1036 TORONTO TEL: (416) 477-1220 www.marveldiscovery.ca info@marveldiscovery.ca

NEWS RELEASE MARV: TSX-V

O4T: GR MARVF: OTCQB

MARVEL ANNOUNCES ADDITIONAL EXTENSION OF PRIVATE PLACEMENT

January 18, 2024. Vancouver, B.C. – Marvel Discovery Corp. (TSX-V: MARV), (GR: O4T), (MARVF: OTCQB); ( the “Company”) announces that, further to its news releases dated November 17, 2023, November 28, 2023 and December 21, 2023, it has extended the closing date of its non-brokered private placement of up to 12,000,000 flow-through units (“FT Units”) at $0.05 per FT Unit and up to 3,750,000 non-flow through units (“NFT Units”) at $0.04 per NFT Unit for aggregate gross proceeds of up to $750,000 (the “Private Placement”).

The Company now expects to close the Private Placement on or before February 18, 2024, subject to final acceptance of the TSX Venture Exchange. The terms of the Private placement remain the same as previously announced.

ON BEHALF OF THE BOARD

Marvel Discovery Corp. “Karim Rayani” Chief Executive Officer, Director Tel: 604 716 1036 Email: info@marveldiscovery.ca

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. Actual future results may differ materially. There can be no assurance that such statements will prove to be accurate, and actual results 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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