Mr. Farshad Shirvani reports

DOUBLEVIEW GOLD CORP ANNOUNCES EXTENSION OF PRIVATE PLACEMENT

Doubleview Gold Corp. has been granted an extension to complete its previously announced (Sept. 10 and Sept. 11, 2024) non-brokered private placement for total gross proceeds of up to $4-million. The company is offering flow-through and non-flow-through units.

Each flow-through unit consists of one common share of the company and one-half of one 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 per warrant share 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 non-flow-through unit consists of one common share of the company and one common share purchase warrant. Each warrant entitles the holder thereof to purchase one common share of the company at an exercise price of 48 cents per warrant share 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 also subject to an acceleration period.

The company closed the first tranche of the private placement consisting of 821,182 flow-through units and 1,092,947 non-flow-through units in connection with the private placement for gross proceeds of $1,416,970.

The net proceeds from the private placement will be used for contributions and maintenance of the company's exploration work on its B.C. projects, particularly for the polymetallic Hat project, located in northwestern British Columbia, as well as general corporate and working capital purposes. The common shares and warrants issued pursuant to the private placement will be subject to a four-month hold period required under applicable securities laws. The private placement is subject to acceptance by the TSX Venture Exchange.

About Doubleview Gold Corp.

A mineral resource exploration and development company is headquartered in Vancouver, B.C., Canada. It is publicly traded. Doubleview focuses on identifying, acquiring and financing precious and base metal exploration projects across North America, with a strong emphasis on British Columbia. The company enhances shareholder value through the acquisition and exploration of high-quality gold, copper, cobalt, scandium and silver projects, collectively critical minerals, utilizing cutting-edge exploration techniques.

Doubleview's success is deeply rooted in the unwavering support of its long-term shareholders, supporters and institutional investors. Their continuing commitment has been instrumental in advancing the company's strategic initiatives. Doubleview looks forward to further collaborative growth and development, and continues to welcome active participation from its valued stakeholders as the company expands its portfolio and strengthens its position in the critical mineral sector.

We seek Safe Harbor.