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Enter Symbol
or Name
USA
CA



Doubleview Gold Corp
Symbol DBG
Shares Issued 195,204,862
Close 2024-11-13 C$ 0.37
Market Cap C$ 72,225,799
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Doubleview Gold closes $4.02-million private placement

2024-11-14 09:15 ET - News Release

Mr. Farshad Shirvani reports

DOUBLEVIEW GOLD CORP ANNOUNCES CLOSING OF PRIVATE PLACEMENT FOR TOTAL OF $4,027,000

Doubleview Gold Corp. is closing its non-brokered private placement of flow-through funds for gross proceeds of $4,026,999.84, which is more than initially announced on Nov. 6, 2024.

Doubleview will issue a total of 8,389,583 flow-through shares at a price of 48 cents per FT share for gross proceeds of $4,026,999.84.

Proceeds are intended to be used for contributions and maintenance of the company's exploration work on its wholly owned Hat polymetallic project and Red Spring copper-silver-gold project, both located in northwestern British Columbia. This work includes drilling, geological advisory, analytical services as well as other exploration development work.

The company will pay $100,000 in finders' fees and will issue 256,935 finders' shares at a price of 39 cents.

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

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

About Doubleview Gold Corp.

Doubleview Gold is a mineral resource exploration and development company headquartered in Vancouver, B.C., Canada. Doubleview focuses on identifying, acquiring and financing precious metal 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-minerals sector.

Qualified person

Erik Ostensoe, PGeo, a consulting geologist, Doubleview's qualified person with respect to the Hat project, as defined by National Instrument 43-101 -- Standards of Disclosure for Mineral Projects, has reviewed and approved the written technical disclosure contained in the news release. He is not independent of Doubleview, as he is a shareholder in the company.

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