MARVEL GOLD LIMITED — Share Issue/Capital Change 2021

Dec 13, 2021

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Announcement Summary

Entity name

MARVEL GOLD LIMITED

Date of this announcement

Tuesday December 14, 2021

The +securities the subject of this notification are:

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+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
MVLAU	OPTION EXPIRING 27-AUG-2024 EX NIL PRICE	150,000	13/12/2021

Refer to next page for full details of the announcement

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Part 1 - Entity and announcement details

1.1 Name of entity

MARVEL GOLD LIMITED

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2 Registered number type

ACN

Registration number

610319769

1.3 ASX issuer code

MVL

1.4 The announcement is

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New announcement

1.5 Date of this announcement

14/12/2021

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Part 2 - Issue details

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2.1 The +securities the subject of this notification are:

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+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

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has an existing ASX security code ("existing class")

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Part 3B - number and type of +securities the subject of this notification (existing class) where issue has not previously been notified to ASX in an Appendix 3B

ASX +security code and description

MVLAU : OPTION EXPIRING 27-AUG-2024 EX NIL PRICE

Date the +securities the subject of this notification were issued

13/12/2021

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? No

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms

• https://www.investi.com.au/api/announcements/gpx/70ae232a b48.pdf

Any other information the entity wishes to provide about the +securities the subject of this notification

Issue details

Number of +securities

150,000

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Part 4 - +Securities on issue

Following the issue, conversion or payment up of the +securities the subject of this application, the +securities of the entity will comprise:

(A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.)

4.1 Quoted +Securities (Total number of each +class of +securities quoted)

	Total number of
ASX +security code and description	+securities on issue
MVL : ORDINARY FULLY PAID	586,932,808
4.2 Unquoted +Securities (Total number of each +class of +securities issued but not quoted on ASX)
	Total number of
ASX +security code and description	+securities on issue
MVLAX : OPTION EXPIRING 25-NOV-2024 EX $0.065	6,000,000
MVLAY : OPTION EXPIRING 25-NOV-2024 EX NIL	4,346,154
MVLAZ : OPTION EXPIRING 25-NOV-2026 EX NIL	4,346,154
MVLAR : OPTION EXPIRING 29-JUL-2024 EX 3.5C	18,050,000
MVLAT : OPTION EXPIRING 29-JUL-2024 EX 10C	9,025,000
MVLAS : OPTION EXPIRING 29-JUL-2024 EX 6C	9,025,000
MVLAU : OPTION EXPIRING 27-AUG-2024 EX NIL PRICE	3,047,692
MVLAW : OPTION EXPIRING 27-AUG-2024 EX $0.06	3,500,000
MVLAV : OPTION EXPIRING 27-AUG-2026 EX NIL PRICE	2,247,692

4.2 Unquoted +Securities (Total number of each +class of +securities issued but not quoted on ASX)

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Part 5 - Other Listing Rule requirements

5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? Yes

5.1a Select the number of the applicable exception in Listing Rule 7.2

13

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