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DBG.V ·

Doubleview Closes Third Tranche of Financing

Financings

Doubleview Gold Corp

TSX.V: DBG

OTC: DBLVF

FSE: A1W038

470 Granville St. Suite #822

Vancouver, BC, V6C 1V5

T:604.678.9587

F:604.683.8260

E:[email protected]

W:www.doubleview.ca

Date: 18/September/2020

Doubleview Closes Third Tranche of Financing

Doubleview Gold Corp. (“Doubleview”) (TSX -V: DB G, OTC: DBLVF, FRANKFURT: 1D4) is pleased to

announce it has closed its third and final tranche of its previously announced non-brokered flow-through

and non-flow-through private placement for aggregate gross proceeds of $ 2,736,079.10.

Under the third tranche, Doubleview has issued a total of 60,000 flow-through units (the “FT Units”) at a

price of $0.33 per flow -through unit for total gross proceeds of $ 19,800. Each FT Unit consists of one

common share issued as a flow -through common share and one half of one non -transferable share

purchase warrant (a “Warrant”), with each whole Warrant exercisable at $0.40 per share for a period of

two years from the date of issue.

The Company also issued 1,905,455 units (the “Units”) at a price of $0.22 per Unit for total proceeds of

$419,000 in the third tranche. Each Unit consists of one common share and one non -transferable share

purchase warrant (a “Warrant”), with each Warrant exercisable at $0. 40 per share for a period of two

years from the date of issue.

In the third tranche total Finder’s Fees of $24,464 will be paid and 108,800 Finders Warrants will be issued.

The proceeds of the financing will be used for exploration work on the Hat Project and general

administration. In due time the company w ill provide a n update on the progress of the ongoing drill

program at the Hat gold rich copper porphyry project. For the latest assay results and information, please

review the company’s news release, dated July 03, 2020.

The securities issued under the third tranche will be subject to restrictions on resale for 4 months and a

day, pursuant to applicable Canadian securities laws and the rules of the TSX Venture Exchange.

About Doubleview Gold Corp

Doubleview Gold Corp, a mineral resource exploration and development company, is based in Vancouver,

British Columbia, Canada, and is publicly traded on the TSX Venture Exchange [TSX -V: DBG]. Doubleview

identifies, acquires and finances precious and base metal exploratio n 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. Doubleview’s portfolio of strategic properties provides diversification and mitigates

investment risk.

Doubleview Gold Corp

TSX.V: DBG

OTC: DBLVF

FSE: A1W038

470 Granville St. Suite #822

Vancouver, BC, V6C 1V5

T:604.678.9587

F:604.683.8260

E:[email protected]

W:www.doubleview.ca

On behalf of the Board of Directors,

Farshad Shirvani, President & Chief Executive Officer

For further information please contact:

Doubleview Gold Corp

Vancouver, BC Farshad Shirvani

President & CEO

T: (604) 678-9587

E: [email protected]

To keep up with the current info on Doubleview, be sure to join our Telegram chat room: https://t.me/CasaDoubleview

Forward-Looking Statements

Information set forth in this news release contains forward-looking statements that are based on assumptions as of the

date of this news release. These statements reflect management’s current estimates, beliefs, intentions and expectations.

They are not guarantees of future performance. Doubleview cautions that all forward looking statements are inherently

uncertain and that actual performance may be affected by a number of material factors, many of which are beyond

Doubleview’s control. Such factors include, among other things: risks and uncertainties relating to Doubleview’s limited

operating history and the need to comply with environmental and governmental regulations. Accordingly, actual and

future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations

expressed or implied in the forward looking information. Except as required under applicable securities legislation,

Doubleview undertakes no obligation to publicly update or revise forward-looking information.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE

POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS

RELEASE.