Doubleview Capital Corp. (TSX-V: DBV) Closes Private Placement Financing
Doubleview Capital Corp. (“Doubleview”) (TSX-V: DBV) is pleased to announce that it has closed its fully subscribed non-brokered private placement financing of 2,086,666 flow through units (the “FT Units”) at a price of $0.12 per FT Unit for gross proceeds of $250,399.92. Each FT Unit is comprised of one common share of Doubleview and one-half of one non-transferable common share purchase warrant (a “Warrant”), with each Warrant entitling the holder to purchase one additional common share for a period of two (2) years at $0.10 per share for the first year and $0.12 per share for the second year.
The securities issued under the private placement will be subject to restrictions on resale expiring on April 29, 2018.
The proceeds from the private placement will be used for exploration expenditures on the Company’s Canadian properties.
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.
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