Doubleview Capital Corp. (TSX-V: DBV) Announces Closing of Flow-Through and Non-Flow- Through Financing
Doubleview Capital Corp.
TSX Venture : DBV
409 Granville St. Suite #880
Vancouver, BC, V6C 1T2
T:604.678.9587
F:604.683.8260
W:www.doubleview.ca
Date: 27/December/2019
Doubleview Capital Corp. (TSX-V: DBV) Announces Closing of Flow-Through and Non-Flow-
Through Financing
Doubleview Capital Corp. (“Doubleview”) (TSX -V: DBV) is pleased to announce it has closed the non-
brokered flow-through private placement financing and proposes t o close the non-flow-through private
placement financing for gross proceeds of $716,000.
Non-Brokered Flow-Through Private Placement Financing
Doubleview closed the final tra nche of its non-brokered flow-through private placement financing of
3,800,000 flow-through units (the “FT Units”) at a price of $0. 15 per Unit for gross proceeds of $570,000
(the “FT Offering”). Each FT Unit will consist of one common share to be issued as flow -through common
share and one non -transferable share purchase warrant ( a “Warrant”), with each Warr ant exercisable at
$0.15 per share for a period of two years from the date of issue.
Doubleview will have the right to accelerate the expiry date of the Warrants if, at any time, the average
closing price of Doubleview’s common shares is equal to, or greater than, $0. 25 for 5 consecutive trading
days. In the event of acceleration, the expiry date will be accelerated to a date that is 30 days after
Doubleview issues a news release announcing that it has elected to exercise this acceleration right.
The securities issued under the financing will be subject to a hold period expiring on December 24, 2021
pursuant to applicable Canadian securities laws and the rules of the TSX Venture Exchang e.
The proceeds from the private placement will be used for exploration work on the Hat Project.
Non-Brokered Private Placement Financing
Doubleview proposes to close its non -brokered private placement financing of 1,460,000 units (the
“Units”) at a price of $0. 10 per Unit for gross proceeds of $ 146,000 (the “Offering”), subject to TSX -
Venture approval. Each Unit will consist of one common share and one common share purchase warrant
(a “Warrant”), with each Warrant exercisable at $0.15 per share for a period of two years from the date of
issue.
Doubleview will have the right to accelerate the expiry date of the Warrants if, at any time, the average
closing price of Doubleview’s common shares is equal to, or greater than, $0. 25 for 5 consecutive trading
days. In the event of acceleration, the expiry date will be accelerated to a date that is 30 days after
Doubleview issues a news release announcing that it has elected to exercise this acceleration right.
Hat Project Closed for the Season
Drilling at the Hat gold-copper porphyry project, with definition drilling and other exploration work ready
has finished and the camp has closed for the season . The Hat Project lies within the Golden Triangle
area of northwestern British Columbia, 190 kilometres south of Atlin. Following recent tenure acquisitions,
the project’s claim holdings now comprise 6,308 hectares.
About Doubleview Capital Corp.
Doubleview Capital Corp., a mineral resource exploration and development company, is base d in
Vancouver, British Columbia, Canada and is publicly tra ded on the TSX -Venture Exchange
Doubleview Capital Corp.
TSX Venture : DBV
409 Granville St. Suite #880
Vancouver, BC, V6C 1T2
T:604.678.9587
F:604.683.8260
W:www.doubleview.ca
[TSX.V:DBV]. Doubleview identifies, acquires and finances precious and base met al exploration projects
in North America, particularly in British Columbia, Canada. Doubleview increases shareholder value
through acquisition and exploration of quality gold, co pper and silver properties and the application of
advanced state -of-the–art e xploration methods. Doubleview’s portfolio of strategic properties provides
diversification and mitigates investment risk.
On behalf of the Board of Directors,
Farshad Shirvani, President & Chief Executive Officer
For further information please contact:
Doubleview Capital Corp.
Suite 880, 409 Granville Street
Vancouver, BC V6C 1T2
Farshad Shirvani
President & CEO
T: (604) 678-9587
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 re flect management’s current
estimates, be liefs, intentions and expectations. They are not guarantees of future pe rformance.
Doubleview cautions that all forward looking statements are inherently un certain and that actual
performance may be affected by a num ber of material factors, many of wh ich 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 regulati ons. Accordingly,
actual and future events, conditions and results may differ materially from the estimates, bel iefs,
intentions and expectations expressed or implied in the forward looking inform ation. Except as required
under applicable securities legisl ation, Doubleview undertakes no obl igation to publicly update or revise
forward-looking information.
NEITHER TS X 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.