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Doubleview Capital Corp. Announces Shareholder Approval of Qualifying Transaction, Appointment of New Director and Change in Officers

Management Changes Mergers & Acquisitions Shareholder Meetings

June 13, 2011 – Vancouver, British Columbia. DOUBLEVIEW CAPITAL CORP. (“Doubleview”) (TSX- V: DBV.P), a capital pool company, is pleased to announce that its proposed qualifying transaction with 0895277 B.C. Ltd., a company controlled by Farshad Shirvani, to acquire up to a 100% interest in the Mount Milligan North Property has been approved by the shareholders, by way of "Majority of the Minority Approval", at Doubleview’s annual and special meeting held on June 6, 2011 (the “Meeting”). The terms of the Qualifying Transaction are disclosed in Doubleview’s management information circular dated May 4, 2011 (the “Information Circular") which is available for viewing at www.sedar.com.

At the Meeting, Doubleview’s shareholders also approved the appointment of a new director, Andrew Rees, and the re-election of Neil MacDonald, Farshad Shirvani and Bryan Wilson as directors. After the Meeting, the directors accepted the resignation of Neil MacDonald as Chief Executive Officer and President and appointed Farshad Shirvani to replace him as Chief Executive Officer and President. Neil MacDonald will continue to act as Doubleview’s Chief Financial Officer and Secretary. A detailed description of the backgrounds of the directors and officers is contained in the Information Circular.

For further information please contact:

Doubleview Capital Corp.

Suite 450, 650 West Georgia Street Neil MacDonald, Chief Financial Officer and Secretary Telephone: (604) 633-2776 Facsimile: (604) 683-6564

Completion of the Qualifying Transaction is subject to a number of conditions, including but not limited to, TSX Venture Exchange final acceptance. There can be no assurance that the proposed Qualifying Transaction will be completed as proposed or at all.

Investors are cautioned that, except as disclosed in the management information circular, any information released or received with respect to the Qualifying Transaction may not be accurate or complete and should not be relied upon. Trading in the securities of a capital pool company should be considered highly speculative.

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.