Doubleview Gold Corp. Closes Second Tranche of $104,000 Non-Brokered Private Placement

Executive Summary

• Doubleview Gold Corp. closed the second tranche of its non‑brokered private placement, issuing 80,000 flow‑through units at $1.30 per unit for gross proceeds of $104,000.
• Combined with the first tranche, total capital raised to date equals $829,099.70; finders’ fees of $27,502.50 (cash) and 1,925 finders’ warrants have been paid.
• Proceeds will fund exploration on BC projects—particularly the polymetallic Hat Project—and provide general working capital.

Key Details

• Units Issued: 80,000 Flow‑Through Units (each unit = 1 common share + 1 warrant).
• Price per Unit: $1.30.
• Gross Proceeds (Second Tranche): $104,000.
• Total Gross Proceeds (both tranches): $829,099.70.
• Warrant Terms: Each warrant allows purchase of one common share at $2.00 per share for 24 months after the closing date (May 2 2026).
• Hold Period: All securities subject to a four‑month‑and‑one‑day hold period expiring May 2 2026.
• Finders’ Compensation: $27,502.50 cash + 1,925 finders’ warrants; additional cash fee of $25,000 payable to PB Markets Inc. in connection with the second tranche.
• Use of Proceeds: Fund current exploration program on BC projects, especially the Hat Project, and for general working capital.
• Regulatory Condition: Closing subject to final approval by the TSX Venture Exchange; remaining portion of the private placement expected to close in the coming weeks.

Notable Quotes

• “The additional capital raised will enable us to advance our exploration program on the Hat Project and sustain momentum across our BC portfolio,” – Farshad Shirvani, President & CEO.