MARVEL GOLD LIMITED — Share Issue/Capital Change 2021

Aug 26, 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

Friday August 27, 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
New class - code	Unquoted Options	2,897,692	27/08/2021
to be confirmed
New class - code	Unquoted Options	2,247,692	27/08/2021
to be confirmed
New class - code	Unquoted Options	3,500,000	27/08/2021
to be confirmed

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

27/8/2021

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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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does not have an existing ASX security code ("new class")

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

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

ASX +security code +Security description New class - code to be confirmed Unquoted Options +Security type ISIN code Options

Date the +securities the subject of this notification were issued 27/8/2021

Will all the +securities issued in this class rank equally in all respects from their issue date? Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? Yes

Provide details of the KMP or +associates being issued +securities.

Name of KMP	Name of registered holder	Number of +securities
Stuart McKenzie	Stuart McKenzie	558,462
Christopher Knee	Christopher Knee	558,462

Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1? No

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. https://www.asx.com.au/asxpdf/20191014/pdf/449h5ww1s8ss0r.pdf

Options Details

+Security currency AUD - Australian Dollar

Exercise price Expiry date AUD 0.00000000 27/8/2024

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option

Other

Description

Ordinary shares of Marvel Gold Limited

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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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.asx.com.au/asxpdf/20191014/pdf/449h5ww1s8ss0r.pdf

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

Issue details

Number of +securities
2,897,692
ASX +security code New class - code to be confirmed	+Security description Unquoted Options
+Security type	ISIN code
Options
Date the +securities the subject of this notification were issued
27/8/2021
Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes
Were any of the +securities issued to +key management personnel (KMP) or		an +associate?
Yes
Provide details of the KMP or +associates being issued +securities.
Name of KMP	Name of registered holder	Number of +securities
Stuart McKenzie	Stuart McKenzie	558,462
Christopher Knee	Christopher Knee	558,462

Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1? No

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being

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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issued.

https://www.asx.com.au/asxpdf/20191014/pdf/449h5ww1s8ss0r.pdf

Options Details

+Security currency

AUD - Australian Dollar

Exercise price Expiry date AUD 0.00000000 27/8/2026

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option

Other

Description

Ordinary shares of Marvel Gold Limited

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.asx.com.au/asxpdf/20191014/pdf/449h5ww1s8ss0r.pdf

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

Issue details

Number of +securities

2,247,692

ASX +security code +Security description

New class - code to be confirmed Unquoted Options

+Security type ISIN code Options

Date the +securities the subject of this notification were issued

27/8/2021

Will all the +securities issued in this class rank equally in all respects from their issue date? Yes

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

Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1? No

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. https://www.asx.com.au/asxpdf/20191014/pdf/449h5ww1s8ss0r.pdf

Options Details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.06000000 27/8/2024 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option Other

Description

Ordinary shares of Marvel Gold Limited

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.asx.com.au/asxpdf/20191014/pdf/449h5ww1s8ss0r.pdf

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

Issue details

Number of +securities

3,500,000

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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	578,932,808
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
MVLAN : OPTION EXPIRING 01-JUL-2024 EX NIL PRICE	1,735,986
MVLAQ : OPTION EXPIRING 01-JUL-2023 EX NIL	1,095,372
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
New class - code to be confirmed : Unquoted Options	2,897,692
New class - code to be confirmed : Unquoted Options	2,247,692
New class - code to be confirmed : Unquoted Options	3,500,000

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

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

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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

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