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Marvel Discovery Corp. Announces Extraordinary General Meeting to Approve Spinout Transaction
Marvel Discovery Corp. (TSXV:MARV)(Frankfurt:O4T1)(OTC PINK:IMTFF); (
Marvel or the
Company )
announces that an extraordinary general meeting of the shareholders of the Company has been scheduled for April 23, 2021 at 10:00 a.m. Pacific Time (the
EGM ). The purpose of the EGM is to, among other things, consider and, if thought fit, approve a special resolution with respect to a plan of arrangement (the
Spin-Out ) pursuant to which the Company will spin out its Serpent River/Pecors and Wicheeda North properties (the
Properties ) into a newly incorporated, wholly owned subsidiary of the Company, to be called Power One Resources Corp. (
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