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Gold Copper Porphyry Discovery Success Story

Corporate Updates

Doubleview Capital Corp.

TSX.V: DBV / OTC: DBLVF / FRA: 1D4

Gold Copper Porphyry Discovery

Success Story

409 Granville St. Suite #880

Vancouver, BC, V6C 1T2

T: 604.678.9587

F: 778.379.1737

E: [email protected]

W: doubleview.ca

28/July/2019

Doubleview Announces Financing and Terminates the Hat Agreement

Doubleview Capital Corp. (“Doubleview”) (“the Company”) (TSX-V: DBV, OTC: DBLVF,

FRANKFURT: 1D4) is pleased to announce a proposed $1,000,000 unit financing at $0.10 per unit for a

proposed drilling exploration program on its 100% owned Hat Gold-Copper Porphyry project in Northern

British Columbia. Further more, the Company announce s that the Hat project option to joint venture

agreement with Hudbay Minerals Inc. (“Hudbay”) is now terminated.

“Doubleview’s management is excited to resume its own exploration on the Hat Gold-Copper Porphyry

property. Over the past year, Hudbay has provided tremendous geological and exploration insight to the

Hat pro ject with approximately $1.2 million expenditures with out any dilution to the share capital or

Doubleview’s property interest. Hudbay’s technical expertise has provided important new interpretations of

the Hat Property, geophysics and geology and the development of exciting new exploration targets.” stated

Doubleview’s President and CEO, Farshad Shirvani.

Further, he added that “the Company and its shareholders still retain a 100% interest in the Hat Property

and have the opportunity to explore a number of recently developed drill targets, to further develop the Lisle

Zone and several areas of high potential.

For Doubleview this change of events comes at an opportune time when: (1) a renewed interest in above

average grade copper – gold porphyries is evolving due to the resumption of drilling on GT Golds Saddle

Property, and (2) there appears to be renewed interest on the part of the investing public in junior resource

sector.

Thus, with its current cash position , a new financing and resumption of management of the Hat Project,

Doubleview is in a better position to expeditiously develop the Hat project with its >1000m IP target.”

As previously announced, the following table and diagrams illustrate the proposed drill program:

Drill Hole

proposed

Easting

(m)

Northing

(m)

Elevation

(m)

Azimuth

(d)

Dip

(d)

Depth

(m)

Comment

Hole H26 –

Deep 348024 6454385 1005.0 180 -60 868

Re-enter hole 26, originally drilled to

568.5m, and add 300m to test

deeper continuity of central Lisle

mineralization as indicated by 3D IP

PP-DDH-A 348055 6454681 1031.5 45 -60 350

Drill 350 m into SW part of Anomaly-A

as an initial test of a strong

chargeability and magnetic feature

PP-DDH-B 347500 6454800 1018.8 45 -60 400

Drill 400 m into NE part of Anomaly-A

where strong Cu and Au soil

geochemistry is combined with a

chargeability feature.

PP-DDH-C 348348 6454186 1000.0 225 -70 500

Drill 500 m to test a deep-rooted

easterly extension of the Lisle Zone as

indicated by chargeability data and

geologic modelling

PP-DDH-D 347875 6453950 957.7 225 -70 500 Drill 500 m SW into chargeability

feature that extends the Lisle Zone

PP-DDH-E 347475 6454025 960.7 45 -70 400

Drill 400 m into westerly continuation

of the Lisle SW chargeability feature

(see above), towards modelled

potassic alteration and monzonite

intrusion

PP-DDH-F 346568 6453758 987.6 290 -60 600

Drill 600 m into SW diorite/hornfels

contact zone with deep chargeability

root

Table 1. Proposed Drill Holes

Doubleview Capital Corp.

TSX.V: DBV / OTC: DBLVF / FRA: 1D4

Gold Copper Porphyry Discovery

Success Story

409 Granville St. Suite #880

Vancouver, BC, V6C 1T2

T: 604.678.9587

F: 778.379.1737

E: [email protected]

W: doubleview.ca

The proposed drill holes will be guided by 3D IP and geochemical sampling that revealed the potential

extension to depth of the deposit.

Doubleview is planning the resumption of a drill program to test the new geological model of the Hat deposit

develop by Hudbay Minerals.

The following illustrations show the proposed drill plan and section plotted the proposed H26 Extension.

Figure 1. Induced Polarization – Chargeability Plan at 300m (mean sea level)

Doubleview Capital Corp.

TSX.V: DBV / OTC: DBLVF / FRA: 1D4

Gold Copper Porphyry Discovery

Success Story

409 Granville St. Suite #880

Vancouver, BC, V6C 1T2

T: 604.678.9587

F: 778.379.1737

E: [email protected]

W: doubleview.ca

Figure 2. Vertical Section – Lisle Zone

Private Placement Financing

As set out above, Doubleview also announces that it proposes to complete a non -brokered private

placement of up to 10,000,000 units at $0.10 per unit for gross proceeds of $1,000,000. Each unit consist

of one share and one sha re purchase warrant, with each warrant entitles the holder to purchase an

additional share at $0.15 per share for a period of two years from the date of issue.

Doubleview may pay a finder’s fee on the financing. Closing of the financing is subject to a pproval of the

TSX Venture Exchange.

Qualified Person

Mr. Erik A. 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 technical contents of this news release. He is not independent of Doubleview as he is a

shareholder.

About Doubleview Capital Corp.

Doubleview Capital 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: DBV],

[OTCBB: DBLVF], [GER: A1W038], [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. The Company’s portfolio of strategic

properties provides diversification and mitigates investment risk.

Doubleview Capital Corp.

TSX.V: DBV / OTC: DBLVF / FRA: 1D4

Gold Copper Porphyry Discovery

Success Story

409 Granville St. Suite #880

Vancouver, BC, V6C 1T2

T: 604.678.9587

F: 778.379.1737

E: [email protected]

W: doubleview.ca

On behalf of the Board of Directors,

Farshad Shirvani, President & Chief Executive Officer

For further information please contact:

Doubleview Capital Corp.

409 Granville St., Suite #880

Vancouver, BC V6C 1T2

Farshad Shirvani, President & CEO

T: (604) 678-9587

E: [email protected]

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.