Vancouver, British Columbia–(Newsfile Corp. – June 21, 2022) –( ) (OTCQB: DBLVF) (FSE: 1D4) (“Doubleview”) is pleased to announce it has closed its first tranche of its non-brokered flow-through and non-flow-through private placement for gross proceeds of $517,991.20.
Under the first tranche, Doubleview has issued a total of 1,643,304 flow-through units (the “FT Units”) at a price of $0.30 per flow-through unit for total gross proceeds of $492,991.20. Each FT Unit consists of one common share issued as a flow-through common share and one non-transferable share purchase warrant (a “Warrant”), with each whole Warrant exercisable at $0.33 per share for a period of two years from the date of issue.
The Company also issued 100,000 non-flow-through units (the “NFT Units”) at a price of $0.25 per Unit for total proceeds of $25,000. Each NFT Unit consists of one common share and one non-transferable share purchase warrant (a “Warrant”), with each Warrant exercisable at $0.31 per share for a period of two years from the date of issue.
The Company intends to raise up to $5,000,000 through the sale of its flow-through and non-flow-through units.
The proceeds of the financing will be used for exploration work its projects, particularly for the Hat Project, and general administration.
The securities issued under the first tranche will be subject to restrictions on resale for 4 months and a day, pursuant to applicable Canadian securities laws and the rules of the TSX Venture Exchange.
About Doubleview Gold Corp
Doubleview Gold Corp, a mineral resource exploration and development company, is based in Vancouver, British Columbia, Canada, and is publicly traded on the TSX Venture Exchange (). 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. Doubleview’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 Gold Corp
Vancouver, BC Farshad Shirvani
President & CEO
T: (604) 678-9587
E: [email protected]
To keep up with the current info on Doubleview, be sure to join our Telegram chat room: https://t.me/CasaDoubleview
Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management’s current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Doubleview cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Doubleview’s control. Such factors include, among other things: risks and uncertainties relating to Doubleview’s limited operating history and the need to comply with environmental and governmental regulations. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward looking information. Except as required under applicable securities legislation, Doubleview undertakes no obligation to publicly update or revise forward-looking information.
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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/128527
Sanatana Prepared for Drilling at Triassic Age Oweegee Copper-Gold Porphyry Project, Golden Triangle BC
Drill rig arrived June 29, coring scheduled to start July 1Camp construction complete219 Ma age returned from Cu-Au bearing Molloy monzonite Three drill…
IIROC Trading Halt – ALT
IIROC Trading Halt – ALT
VANCOUVER, BC, June 29, 2022
VANCOUVER, BC, June 29, 2022 /CNW/ – The following issues have been halted by IIROC:
Company: Alturas Minerals Corp.
TSX-Venture Symbol: ALT
All Issues: Yes
Reason: Pending Ne…
Braveheart Resources Completes Loan Conversion Agreement with Matlock Farms
Calgary, Alberta–(Newsfile Corp. – June 29, 2022) – Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) (FSE: 2ZR) ("Braveheart" or the "Company") is…
79North Announces Non-Brokered Private Placement for Up to $700,000
STAR DIAMOND CORPORATION ANNOUNCES RIO TINTO DECISIONS REGARDING STAR – ORION SOUTH DIAMOND PROJECT
Traction Uranium Intersected Anomalous Radiation in 7 out of 10 Diamond Drill Holes and completes Lazy Edward Summer Drill Program
LG Energy Solution partners with Compass Minerals to enhance steady flow of supply chain
DESERT MOUNTAIN ENERGY ANNOUNCES PRIVATE PLACEMENT REPRICING
Coeur Announces Sale of Victoria Gold Shares
Azimut and Mont Royal Discover High-Grade Nickel-Copper Massive Sulphide at Wapatik
Osino Signs Amended Ondundu Acquisition Agreement With B2Gold Corp.
Trevali Publishes 2021 Sustainability Report
E3’S Lithium Used to Produce Lithium Metal Battery
Financing News7 hours ago
Is There Still A Bull Market When It Comes to Multi-Billion Dollar Copper Mining Segment
Financing News8 hours ago
BeMetals Commences 2022 Aircore Drilling Program at Pangeni Copper Project
Drilling News9 hours ago
Discovery of Multiple New Pegmatites at Surface Carrying Significant Niobium & Rare Earth Potential on Notre-Dame Project
Financing News9 hours ago
Capitan Mining Drills 1.5m of 488.9 g/t Silver Eq & 1.5m of 328.2 g/t Silver Eq Within Wider Intervals and Provides Exploration Update for Jesus Maria Silver Zone
Drilling News9 hours ago
Unigold provides update on activities; releases first ESG report
Financing News23 hours ago
Erdene Announces Financing to Fund Exploration and Pre-Construction in the Khundii Gold District
Economics5 hours ago
Peru Declares State Of Emergency To Face Protests After Failed Talks With Transport Group
Financing News24 hours ago
TomaGold reports the outcome of its annual meeting