Mr. Farshad Shirvani reports

DOUBLEVIEW GOLD CORP CLOSES PRIVATE PLACEMENT

Doubleview Gold Corp. has closed its private placement for aggregate proceeds of $76,000 comprising 200,000 units.

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 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 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.

In connection with this private placement, no finders' fees were paid and no finders' warrants were issued.

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.

A mineral resource exploration and development company is 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.

About the Hat polymetallic deposit

The Hat deposit, located in northwestern British Columbia, is a polymetallic porphyry project with major resources of copper, gold, cobalt and the potential for scandium. As one of the region's significant sources of critical minerals, the Hat deposit has undergone targeted exploration and development. The 0.2-per-cent-copper-equivalent cut-off resource estimate, as of the recently completed mineral resource estimate and the company's July 25, 2024, news release, is summarized below.

Scandium potential for the Hat deposit is estimated to be 300 million to 500 million tonnes at an average grade of 40 parts per million (0.004 per cent) Sc2O3.

For further details, please refer to the company's July 25, 2024, news release.

Qualified person

Erik Ostensoe, PGeo, a consulting geologist, and 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.

We seek Safe Harbor.