Mr. Farshad Shirvani reports

DOUBLEVIEW GOLD CORP ANNOUNCES PRIVATE PLACEMENT

Doubleview Gold Corp. is raising flow-through and non-flow-through funds through a non-brokered private placement for gross proceeds of up to $4-million.

Each flow-through unit consists of one common share of the company and one-half common share purchase warrant at a price of 55 cents per FT unit. Each full warrant entitles the holder thereof to purchase one common share of the company (on a non-flow-through basis) at an exercise price of 65 cents for a period of 24 months following the closing date. The warrants are subject to early termination if the underlying shares trade at a volume-weighted average price equal to or greater than 70 cents for five consecutive days in the 24-month period from the date of issuance.

Each unit shall consist of one common share of the company and one common share purchase warrant at a price of 38 cents per unit. Each warrant entitles the holder thereof to purchase one common share of the company at an exercise price of 48 cents for a period of six months following the closing date, and thereafter at an exercise price of 55 cents per warrant share for a period of 18 months. The warrants are subject to early termination if the underlying shares trade at a volume-weighted average price equal to or greater than 65 cents for five consecutive days in the 24-month period from the date of issuance.

The proceeds of the sale of the shares will be used for contribution and maintenance of the company's exploration work on its British Columbia projects, particularly for the polymetallic Hat project, located in northwestern British Columbia. This work includes drilling, geological advisory and analytical services, as well as other development work and general working capital purposes.

Pursuant to applicable Canadian securities laws and in accordance with TSX Venture Exchange policies, all securities issued under this private placement will be subject to applicable resale restrictions under applicable securities laws and to the exchange hold period.

The closing of the offering is subject to the receipt of all necessary regulatory approvals, including that of the TSX-V.

About Doubleview Gold Corp.

Doubleview Gold, a mineral resource exploration and development company, is based in Vancouver, B.C., Canada. Doubleview identifies, acquires and finances precious metal/base metal exploration projects in North America, particularly in British Columbia. Doubleview increases shareholder value through the acquisition and exploration of quality gold, copper and silver properties and the application of advanced, state-of-the-art exploration methods. The company's portfolio of strategic properties provides diversification and mitigates investment risks.

We seek Safe Harbor.