Doubleview Announces Grant of Stock Options

Rhea-AI Summary

Doubleview Gold Corp (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) has announced the grant of incentive stock options to company consultants. The grant includes options to acquire 500,000 common shares at an exercise price of $0.51 per share. These options are valid for a five-year term, expiring on February 19, 2030, and will be immediately fully vested. The grant aligns with the company's 10% rolling incentive stock option plan.

Positive

• None.

Negative

• Potential dilution of 500,000 shares if options are exercised

News Market Reaction

+13.10%

1 alert

+13.10% News Effect

On the day this news was published, DBLVF gained 13.10%, reflecting a significant positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Vancouver, British Columbia--(Newsfile Corp. - February 19, 2025) - Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) (the "Company or "Doubleview") announces it has granted incentive stock options to certain consultants of the Company to acquire an aggregate of 500,000 common shares in the capital of the Company at an exercise price of $0.51 (the "Options") in accordance with the Company's 10% rolling incentive stock option plan. The Options are exercisable for a five-year term expiring February 19, 2030, and will become fully vested immediately.

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 (TSXV: DBG) (OTCQB: DBLVF) (GER: A1W038) (FSE: 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 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.

Certain of the statements made and information contained herein may constitute "forward-looking information." In particular references to the private placement and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/241563

FAQ

What is the exercise price of Doubleview Gold's (DBLVF) new stock options granted in February 2025?

The exercise price of the newly granted stock options is $0.51 per share.

How many stock options did Doubleview Gold (DBLVF) grant in February 2025?

Doubleview Gold granted 500,000 stock options to company consultants.

When do Doubleview Gold's (DBLVF) February 2025 granted stock options expire?

The stock options expire on February 19, 2030, with a five-year term.

Are the February 2025 stock options of Doubleview Gold (DBLVF) immediately vested?

Yes, the stock options become fully vested immediately upon grant.