Mr. Farshad Shirvani repors

DOUBLEVIEW GOLD CORP. CLOSES FINAL TRANCHE OF NON-BROKERED PRIVATE PLACEMENT FOR GROSS PROCEEDS OF $7,181,400

Doubleview Gold Corp. has closed the second tranche of its previously announced non-brokered private placement announced on Nov. 7, 2025.

The second tranche consists of 2,016,286 units at a price of 70 cents per unit for aggregate gross proceeds of $1,411,400. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one additional share at a price of $1.00 for a period of 24 months from the date of issue, subject to an accelerated expiry provision whereby the company may accelerate the expiry date if the volume-weighted average trading price of the shares on the TSX Venture Exchange is $1.25 or greater for any 10 consecutive trading days.

Combined with the first tranche that closed on Nov. 7, 2025, the company has now raised total gross proceeds of $7,181,400 under the private placement.

Insider participation and related party transaction

A director of the company participated in the second tranche by subscribing for 350,000 units ($245,000), representing approximately 17.3 per cent of the second tranche. This participation constitutes a related party transaction within the meaning of Multilateral Instrument 61-101 -- Protection of Minority Security Holders in Special Transactions. The company is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 pursuant to sections 5.5(a) and 5.7(1)(a), as the fair market value of the securities issued to the director does not exceed 25 per cent of the company's market capitalization.

In connection with the second tranche, the company paid finders' fees to Research Capital Corp. consisting of $44,100 in cash and 63,000 non-transferable finders' warrants issued on the same terms as the warrants forming part of the units.

All securities issued pursuant to the second tranche, including securities issued as finders' fees, are subject to a statutory four-month-and-one-day hold period expiring March 19, 2026.

The private placement, including the insider participation described above, is subject to final acceptance of the TSX Venture Exchange.

Proceeds from the private placement will be used to advance the company's exploration program on its British Columbia projects, particularly the polymetallic Hat project located in northwestern British Columbia, and for general working capital purposes.

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 minerals 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 CuEq (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 herein.

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.