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

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

Doubleview Gold Corp (TSXV: DBG,OTC:DBLVF) (OTCQB: DBLVF) (FSE: 1D4) (the "Company" or "Doubleview") announces it has closed the first tranche (the "First Tranche") of its non-brokered private placement (the "Private Placement") flow-through units (the " FT Units") as previously announced in the Company's news release dated December 17, 2025.

The First Tranche consisted of the issuance of 557,769 Flow Through Units at a price of $1.30 per Unit for aggregate gross proceeds of $725,099.70. Each FT Unit shall consist of one common share of the Corporation (a "FT Share") and one common share purchase warrant (each, a "Warrant") (each of which qualifies as a "flow-through share" within the meaning of subsection 66(15) the Income Tax Act (Canada) (the "ITA"). Each Warrant entitles the holder thereof to purchase one common share of the Corporation (a "Warrant Share") (on a non-"flow-through" basis) at an exercise price of $2.00 per Warrant Share for a period of 24 months following the Closing Date being December 23, 2026.

Proceeds from the First Tranche will be used to fund the current exploration program on the Company's BC projects, particularly for the polymetallic Hat Project located in northwestern BC. In connection with the closing of the first tranche the Company will pay finders fees to Research Capital Corporation the fees include $2,502.50 in Cash and 1,925 non transferable Finders warrants issued under the same terms as the Units noted above.

All securities issued pursuant to the First Tranche are subject to a four-month-and-one-day hold period expiring April 23, 2026, in accordance with applicable securities laws.

The Private Placement is subject to the final approval of the TSX Venture Exchange. The Company anticipates closing the remaining portion of the Private Placement in the coming weeks.

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,OTC:DBLVF) (OTCQB: DBLVF) (WKN: A1W038) 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 forward 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.

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
E: corporate@doubleview.ca

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.

The information contained herein contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities legislation (collectively, "forward-looking statements"). Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. All statements, other than statements of historical fact, are forward-looking statements and are based on predictions, expectations, beliefs, plans, projections, objectives and assumptions made as of the date of this news release, including without limitation: the size of the Private Placement and other statements concerning the Private Placement; the anticipated use of proceeds from the Private Placement; the renunciation to the purchasers of FT Shares and timing thereof; the tax treatment of the FT Shares and the Company's plans regarding exploring its mineral exploration properties; anticipated results of geophysical drilling programs, geological interpretations and potential mineral recovery. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/278896

News Provided by Newsfile via QuoteMedia

DBG:CC
The Conversation (0)
Nine Mile Metals Announces Completion of DDH WD-25-02B and Continues to Confirm  Zones of Copper Rich VMS with 66 Meters of Mineralization at the Wedge Project

Nine Mile Metals Announces Completion of DDH WD-25-02B and Continues to Confirm Zones of Copper Rich VMS with 66 Meters of Mineralization at the Wedge Project

Nine Mile Metals LTD. (CSE: NINE,OTC:VMSXF) (OTC Pink: VMSXF) (FSE: KQ9) (the "Company" or "Nine Mile") is pleased to announce that the 3rd drill hole in its Wedge Western Extension Drill Program (DDH-WD-25-02B) has been completed.DDH WD-25-02B was collared approximately 60 meters northwest of... Keep Reading...
Rows of fine copper bars with text that reads '5 Top Canadian Mining Stocks This Week.'

Top 5 Canadian Mining Stocks This Week: Pacific Empire Metals Gains 200 Percent on Drill Results

Welcome to the Investing News Network's weekly look at the best-performing Canadian mining stocks on the TSX, TSXV and CSE, starting with a round-up of Canadian and US news impacting the resource sector.Statistics Canada released November’s consumer price index (CPI) data on Monday (December... Keep Reading...
Nine Mile Metals Announces Certified High-Grade Assay Results up to 15.21%  Copper from the Wedge Project, Bathurst, New Brunswick

Nine Mile Metals Announces Certified High-Grade Assay Results up to 15.21% Copper from the Wedge Project, Bathurst, New Brunswick

Nine Mile Metals LTD. (CSE: NINE,OTC:VMSXF) (OTC Pink: VMSXF) (FSE: KQ9) (the "Company" or "Nine Mile") is pleased to announce Certified Assay results for volcanogenic massive sulphide (VMS) mineralization collected from the pre-drill area on the Wedge VMS Project, in the world-famous Bathurst... Keep Reading...
Copper bars.

Top 5 Copper News Stories of 2025

Copper prices surged to unprecedented levels in 2025, hitting all-time highs. Tight supply played a key role, along with solid demand tied to electrification and the shift to cleaner energy.The red metal's big moves came alongside gains in precious metals, highlighting an unusual year in which... Keep Reading...
Canadian flag overlay on piled coins and financial data.

Canadian Approval Pushes Teck, Anglo Closer to Creating US$53 Billion Miner

Canada has approved the merger of Teck Resources (TSX:TECK.A,TECK.B,NYSE:TECK) and Anglo American (LSE:AAL,OTCQX:AAUKF), clearing a major regulatory hurdle for the creation of a new global mining heavyweight worth over US$53 billion.Teck and Anglo American said they received approval under the... Keep Reading...

Interactive Chart

Latest Press Releases

Related News