Doubleview Gold Corp Closes Private Placement
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
2024-11-28
Doubleview Gold Corp Closes Private Placement
Vancouver, British Columbia - Doubleview Gold Corp. (TSX.V: DBG / OTC QB: DBLVF / FSE: 1D4 ) (the
“Company or “Doubleview”) is pleased to announce that it closed its private placement for aggregate proceeds of
$76,000 comprised of 200,000 Units.
Each Unit shall consist of one common share of the Company (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.
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.
In connection with this private placement, no finder’s fees were paid, and no finder’s warrants were issued.
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
Doubleview is a mineral resource exploration and development company that 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 high-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 Company’s flagship 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
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
cut-off resource estimate, of the recently completed Mineral Resource Estimate, which was announced in the
Company's July 25, 2024, news release, is summarized below:
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
The 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
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
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.