Doubleview Gold Corp Closes First Tranche of $725,100, Non-Brokered Private Placement

Executive Summary

• Doubleview Gold Corp closed the first tranche of its non‑brokered private placement, issuing 557,769 flow‑through units at $1.30 each for total gross proceeds of $725,099.70.
• Each unit includes one common share and one warrant to purchase an additional share at $2.00, exercisable for 24 months after the closing date (December 23 2026).
• Proceeds will fund exploration on Doubleview’s BC projects, primarily the polymetallic Hat Project; a finder’s fee of $2,502.50 cash and 1,925 non‑transferable warrants was paid to Research Capital Corporation.

Key Details

• Units Issued: 557,769 FT Units @ $1.30 per unit
• Gross Proceeds: $725,099.70 (CAD)
• Unit Composition: 1 common share (“FT Share”) + 1 warrant (“Warrant”) per unit
• Warrant Terms: Right to purchase one common share at $2.00 per share; exercisable for 24 months from the closing date (expires December 23 2026)
• Hold Period: All securities subject to a four‑month‑and‑one‑day hold period, expiring April 23 2026
• Use of Proceeds: Fund current exploration program on BC projects, with emphasis on the Hat Project (northwestern BC)
• Finder’s Fees: $2,502.50 cash + 1,925 non‑transferable warrants issued to Research Capital Corporation under the same terms as the units
• Regulatory Approval: Private placement pending final approval by the TSX Venture Exchange; remaining tranche expected to close in the coming weeks

Notable Quotes

“The successful closing of this first tranche provides essential capital to advance our exploration program at Hat and other key projects, reinforcing our commitment to delivering value for shareholders.” – Farshad Shirvani, President & CEO

All forward‑looking statements are subject to risks and uncertainties; actual results may differ.