Doubleview Announces $2,274,000 Financing
Doubleview Announces $2,274,000 Financing
VANCOUVER, BC / ACCESSWIRE / October 20, 2020 / Doubleview Gold Corp.
("Doubleview") (TSXV:DBG)(OTC PINK:DBLVF)(FRANKFURT: 1D4) is pleased to
announce a non-brokered private placement (the "Private Placement) of up to 6,060,606 Flow-
Through Units at $0.33 per Unit for total proceeds of up to $2,000,000. Each Flow-Through Unit
will consist of one common share to be issued as a flow-through common share and one half of
one non-transferable share purchase warrant, with each whole warrant exercisable at $0.40 per
common share for a period of two years from the date of issue. Doubleview is also announcing
the Private Placement of up to 1,245,455 Units at a price of $0.22 per Unit for total proceeds of
$274,000. Each Unit consists of one common share and one share purchase warrant, with each
whole warrant exercisable at $0.40 per common share for a period of two years from the date of
the issue.
The proceeds of the Offering will be used for ongoing exploration work on the Hat Project and
general working capital purposes.
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, OTC: DBLVF, FRANKFURT: 1D4]. Doubleview identifies, acquires and
finances precious and base metal exploration 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.
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
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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.
SOURCE: Doubleview Gorld Corp.