DBG.V · 2024-12-23 12:00:00

Doubleview Gold Corp Announces Oversubscribed Private Placement Closing

Financings

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

E:[email protected]

W:www.doubleview.ca

2024-12-23

Doubleview Gold Corp Announces Oversubscribed Private Placement Closing

Vancouver, British Columbia - Doubleview Gold Corp. (TSX.V: DBG / OTC QB: DBLVF / FSE: 1D4 ) (the

“Company” or “Doubleview”) is pleased to announce that has raised $1,499,999.60 in flow-through and $100,000.80

in non-flow-through funds by way of a non-brokered private placement for total gross proceeds of $1,600,000.40.

Under this private placement, 263,160 Non-Flow-Through Units will be issued. Each Non-Flow-Through Unit shall

consist of one common share of the C ompany (a “Share”) and one common share purchase warrant (each, a

“Warrant”) at a price of $0.38 per Unit. Each Warrant entitles the holder thereof to purchase one common share of

the Company (a “Warrant Share”) at an exercise price of $0.48 per Warrant Share for a period of 6 months following

the closing date and thereafter at an exercise price of $0. 55 per Warrant Share for a period of 18 months. The

Warrants are subject to early termination if the underlying shares trade at a volume weighted average price equal

to or greater than $0.65 for 5 consecutive days in the 24 month period from the date of issuance.

Additionally a total of 3,409,090 Flow-Through Shares (the “FT Share”) will be issued at a price of $0.44. Each FT

Share of the Company qualifies as a "flow-through share" within the meaning of subsection 66(15) the Income Tax

Act (Canada) (the "ITA").

The proceeds of the sale of the shares will be used for contribution and maintenance of the Company’s exploration

work on its BC projects, particularly for the polymetallic Hat Project, located in northwestern BC. This work includes

drilling, geological advisory and analytical services as well as other development work and general working capital

purposes.

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.

The Company will pay a Finder’s Fee of $37,500 in cash and issue 111,441 Finder’s Shares at a volume weighted

average price of $0.3365 in connection with the private placement.

The closing of the private placement 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.

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

E:[email protected]

W:www.doubleview.ca

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:

Average Grade Metal Content

Open

Pit

Model

Hat

Resource