Mr. Farshad Shirvani reports

DOUBLEVIEW GOLD CORP ANNOUNCES CLOSING OF FINAL TRANCHE OF PRIVATE PLACEMENT FOR TOTAL OF $1,873,100

Doubleview Gold Corp. is closing its final tranche of its non-brokered private placement, as originally announced on Sept. 10 and Sept. 11, 2024, of non-flow-through funds for gross proceeds of $39,830. To date, the company has raised total gross proceeds of $1,873,100 (total flow-through funds of $1,051,250 and total non-flow-through funds of $821,850).

Under the final tranche, Doubleview will issue a total of 104,816 non-flow-through units at a price of 38 cents per unit for gross proceeds of $39,830. 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 as described in the announcement from Oct. 29, 2024.

No additional flow-through units will be issued under the final tranche. Under this private placement, Doubleview is issuing a total of 1,911,364 flow-through units and 2,162,763 non-flow-through units.

No finders' fees or finders' warrants will be issued for this final tranche.

Proceeds are intended to be used for contributions and maintenance of the company's exploration work on its B.C. projects, particularly for the Hat polymetallic deposit, located in northwestern British Columbia, where drilling is still in progress, and 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.

New financing

The company wishes to announce a non-brokered private placement of flow-through shares of the company at a price of 48 cents for gross proceeds of up to $4-million. Each FT share of the company qualifies as a flow-through share within the meaning of Subsection 66(15) in the Income Tax Act (Canada).

About Doubleview Gold Corp.

Doubleview is a mineral resource exploration and development company headquartered in Vancouver, B.C., Canada. It is publicly traded on the TSX Venture Exchange. 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.