Mr. Farshad Shirvani reports

DOUBLEVIEW GOLD CORP ANNOUNCES CLOSING OF SECOND TRANCHE OF PRIVATE PLACEMENT FOR TOTAL OF $1,833,270

Doubleview Gold Corp. is closing its second tranche of its non-brokered private placement, as originally announced on Sept. 10 and Sept. 11, 2024, of flow-through and non-flow-through funds for gross proceeds of $416,300. To date, the company has raised total gross proceeds of $1,833,270 (total flow-through funds of $1,051,250 and total non-flow-through funds of $782,020).

Under the second tranche, Doubleview will issue a total of 90,182 flow-through units at a price of 55 cents per FT unit for gross proceeds of $49,600. Each flow-through unit consists of one common share of the company and one-half of one common share purchase warrant. 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.

Additionally, Doubleview will issue a total of 965,000 non-flow-through units at a price of 38 cents per unit for gross proceeds of $366,700. Each unit shall consist 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 subject to an acceleration period whereby, should the shares, traded on the TSX Venture Exchange, trade at a volume-weighted average price exceeding 55 cents for a period of five consecutive trading days for the period between March 3, 2025, through April 30, 2025, and at a volume-weighted average price exceeding 65 cents per common share for a period of five consecutive trading days from May 1, 2025, through the expiry date, at either of those times, the company may, at its discretion, deliver a notice to the warrantholders notifying such warrantholders that they must exercise their warrants within 30 days from the date of such notice; otherwise, the warrants will expire on the 31st day, provided that the company will not be entitled to exercise such forced conversion right during the period of time that the securities are subject to resale restrictions (that is, within the first four months and a day from the closing date).

Under this private placement, Doubleview is issuing a total of 1,911,364 flow-through units and 2,057,947 non-flow-through units.

For this second tranche, the company will pay $3,705 in finders' fees and will issue 9,750 finders' warrants.

The company shall continue to raise funds under the terms noted above for up to $4-million. Proceeds are intended to 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, where drilling is still in progress, geological advisory and analytical services, as well as other exploration development work and general working capital purposes.

Pursuant to applicable Canadian securities laws and in accordance with the 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 of four months and one day from the date of issuance.

The closing of the offering is subject to receipt of all necessary regulatory approvals, including the TSX Venture Exchange.

About Doubleview Gold Corp.

Doubleview, a mineral resource exploration and development company, is based in Vancouver, B.C., Canada, and is publicly traded on the TSX Venture Exchange. Doubleview identifies, acquires and finances precious and base metal exploration projects in North America, particularly in British Columbia. Doubleview increases shareholder value through 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.