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MARVEL GOLD LIMITED Director's Dealing 2023

May 21, 2023

65386_rns_2023-05-21_d6a2d372-eb76-4149-b557-e50f1984aaba.pdf

Director's Dealing

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22 May 2023

Market Announcements Office Australian Securities Exchange Limited 20 Bridge Street SYDNEY NSW 2000

Dear Sir / Madam

CORRECTION TO APPENDIX 3Y

Marvel Gold Limited (ASX: MVL) advises that the Appendix 3Y, Change of Director’s Interest Notice, released to ASX on 22 May 2023, incorrectly stated that the date of change was 17 February 2023. The date on which the change in the director’s interest occurred was 19 May 2023. An amended Appendix 3Y is attached.

Yours sincerely,

STUART McKENZIE

Company Secretary

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Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity: MARVEL GOLD LIMITED

ABN: 77 610 319 769

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director Chris van Wijk
Date of last notice 17 February 2023

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

disclosed in this part.
Direct or indirect interest DirectIndirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest. Mr Christopher Philip Van Wijk & Mrs SallyJoanne Van Wijk <Corvidae Super FundA/C>
Date of change 19 May 2023
No. of securities held prior to change Direct1,095,000 Shares4,375,000UnquotedOptions,exercisable at $0.035, expiry 29 July20242,187,500UnquotedOptions,exercisable at $0.06, expiry 29 July 20242,187,500UnquotedOptions,exercisable at $0.10, expiry 29 July 2024Indirect705,000 Shares1,846,154 Unquoted Options with a nilexercise price, expiring 24 November2026, vesting 1 July 2024 subject toperformance criteria
Class Shares
Number acquired 769,230
Number disposed N/A
  • See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation $10,000
No. of securities held after change Direct1,479,615Shares4,375,000UnquotedOptions,exercisable at $0.035, expiry 29 July20242,187,500UnquotedOptions,exercisable at $0.06, expiry 29 July 20242,187,500UnquotedOptions,exercisable at $0.10, expiry 29 July 2024Indirect1,089,615 Shares1,846,154 Unquoted Options with a nilexercise price, expiring 24 November2026, vesting 1 July 2024 subject toperformance criteria
Nature of changeExample: on-market trade, off-market trade, exercise of options, issueof securities under dividend reinvestment plan, participation in buy-back On-market purchase

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract N/A
Nature of interest
Name of registered holder(if issued securities)
Date of change
No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed
Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation
Interest after change
  • See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required? Yes
If so, was prior written clearance provided to allow the tradeto proceed during this period? No – verbal clearance was providedby the Chairman and confirmedwith the Company Secretary
If prior written clearance was provided, on what date was thisprovided? Verbal clearance was provided on19 May 2023
  • See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 3