Doubleview Gold Corp Announces Closing of Private Placement for total of $ 4,027,000
Doubleview Gold Corp.
TSX.V: DBG
OTC: DBLVF
FSE: 1D4
470 Granville St. Suite #822
Vancouver, BC, V6C 1V5
T:604.678.9587
F:778.379.3899
W:www.doubleview.ca
November 14, 2024
Doubleview Gold Corp Announces Closing of Private Placement for total of $ 4,027,000
Vancouver, British Columbia - (November 14, 2024) - Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF)
(FSE: 1D4) (the "Company ” or "Doubleview") is pleased to announce that it is closing its non -brokered Private
Placement of flow-through funds for gross proceeds of $ 4,026,999.84, which is more than initially announced on
November 06, 2024.
Doubleview will issue a total of 8,389,583 flow-through shares (the ”FT Shares”) at a price of $0.48 per FT Share
for gross proceeds of $4,026,999.84.
Proceeds are intended to be used for contribution s and maintenance of the Company’s exploration work on its
wholly owned BC projects, the polymetallic Hat Project and the Copper-Silver-Gold Red Spring Project, located in
northwestern BC. This work includes drilling, geological advisory, analytical services as well as other exploration
development work.
The Company will pay $100,000 in finder’s fees and will issue 256,935 finder’s shares at a price of $0.39.
Pursuant to applicable Canadian securities laws and in accordance with the Exchange policies, all securities issued
under this Private Placement will be subject to applicable resale restrictions under applicable securities laws and to
the Exchange hold period of four months and one day from the date of issuance.
The closing of the Offering is subject to receipt of all necessary regulatory approvals including the TSX Venture
Exchange.
About Doubleview Gold Corp
A mineral resource exploration and development company is headquartered in Vancouver, British Columbia,
Canada. It is publicly traded on the TSX-Venture Exchange (TSXV: DBG), (OTCQB: DBLVF), (WKN: LA1W038),
and (FSE: 1D4). 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 hig h-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 ongoing commitment has been instrumental in advancing the company's strategic
initiatives. Doubleview looks forwar d 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% CuEq cut -off resource estimate,
as of the recently completed Mineral Resource Estimate and the Company's July 25, 2024, news release, is
summarized below:
Doubleview Gold Corp.
TSX.V: DBG
OTC: DBLVF
FSE: 1D4
470 Granville St. Suite #822
Vancouver, BC, V6C 1V5
T:604.678.9587
F:778.379.3899
W:www.doubleview.ca
Average Grade Metal Content
Open
Pit
Model
Hat
Resource
Category
Tonnage CuEq Cu Co Au Ag CuEq Cu Co Au Ag
Mt % % % g/t g/t million
lb
million
lb
million
lb
thousand
oz
thousand
oz
In Pit
Indicated 150 0.408 0.221 0.008 0.19 0.42 1,353 733 28 929 2,045
Inferred 477 0.344 0.185 0.009 0.15 0.49 3,619 1,945 91 2,328 7,575
Scandium potential for the Hat Deposit is estimated to be 300 to 500 million tonnes at an average grade of 40
ppm (0.004%) Sc2O3.
For further details, please refer to the Company's July 25, 2024 news release.
Qualified Person:
Erik Ostensoe, P. Geo., 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.
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
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.
Certain of the statements made and information contained herein may constitute "forward -looking
information." In particular references to the private placement and future work programs or expectations
on the quality or results of such work programs are subject to risks associated with operations on the
property, exploration activity generally, equipment limitations and availability, as well as other risks that
we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on
forward-looking information. Except as required under applicable securities legislation, the Company
undertakes no obligation to publicly update or revise forward-looking information, whether as a result of
new information, future events or otherwise.