Business
Doubleview Announces Financing
VANCOUVER, BC / ACCESSWIRE / July 22, 2020 / Doubleview Gold Corp. ("Doubleview") (TSXV:DBG)(...
About this update from Doubleview Gold Corp.
[{"type":"text","content":"Doubleview Announces FinancingVANCOUVER, BC / ACCESSWIRE / July 22, 2020 / Doubleview Gold Corp. (\"Doubleview\") (TSXV:DBG)(OTC PINK:DBLVF)(FRA:1D4) is pleased to announce a non-brokered private placement (the \"Private Placement\") of up to 6,060,606 Flow-Through Units at $0.33 per Unit for total proceeds of up to $2,000,000. Each Flow-Through Unit will consist of one common share to be issued as a flow-through common share and one half of one non-transferable share purchase warrant, with each whole warrant exercisable at $0.40 per common share for a period of two years from the date of issue. Doubleview is also announcing the Private Placement of up to 9,090,909 Units at a price of $0.22 per Unit for total proceeds of $2,000,000, subject to a 15% over-allotment option. Each Unit consists of one common share and one share purchase warrant, with each whole warrant exercisable at $0.40 per common share for a period of two years from the date of the issue.Doubleview may pay a finder's fee in cash and/or share purchase warrants in connection with the Offering. The securities issued under the Offering will be subject to a four month hold from the date of issue. The Private Placement is subject to the acceptance of the Exchange.The proceeds of the Offering will be used for exploration work on the Hat Project and general working capital purposes.About Doubleview Gold CorpDoubleview 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 [TSX-V: DBG]. 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 OfficerFor further information please contact:Doubleview Gold CorpVancouver, BC Farshad ShirvaniPresident & CEOT: (604) 678-9587E: [email protected] keep up with the current info on Doubleview, be sure to join our Telegram chat room: https://t.me/CasaDoubl...