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Doubleview Gold Corp Announces Non-Brokered Private Placement of Flow-Through Shares at $1.00 per share along with Non-Flow-Through Units

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Doubleview Gold (OTCQB: DBLVF) announced a non-brokered private placement to raise up to C$10,000,000 through (1) up to 5,000,000 flow-through shares at $1.00 per FT share (C$5,000,000) and (2) up to 7,142,857 non-flow-through units at $0.70 per unit (C$5,000,000). Each non-FT unit includes one common share and one full warrant exercisable at $1.00 for 24 months, subject to accelerated expiry if the 10-day VWAP reaches $1.25.

Proceeds will fund exploration and working capital, with FT proceeds earmarked for Canadian exploration expenses on BC projects, particularly the polymetallic Hat Project in northwestern BC. Securities will be subject to a four-months-and-one-day hold and closing is subject to TSXV and regulatory approvals.

Doubleview Gold (OTCQB: DBLVF) ha annunciato un collocamento privato non brokerato per raccogliere fino a C$10,000,000 tramite (1) fino a 5,000,000 azioni flow-through a $1.00 per azione FT (C$5,000,000) e (2) fino a 7,142,857 unità non-flow-through a $0.70 per unità (C$5,000,000). Ogni unità non-FT include una azione ordinaria e una warrant pienamente esercitabile a $1.00 per 24 mesi, soggetta a scadenza accelerata se il VWAP a 10 giorni raggiunge $1.25.

I proventi finanzieranno esplorazioni e capitale circolante, con i proventi FT destinati a spese di esplorazione canadesi sui progetti BC, in particolare il Hat Project nel nord-ovest della BC. I titoli saranno soggetti a una clausola di lock-up di quattro mesi e un giorno e la chiusura è soggetta all'approvazione della TSXV e delle autorità regolatrici.

Doubleview Gold (OTCQB: DBLVF) anunció una colocación privada no intermediada para recaudar hasta C$10,000,000 mediante (1) hasta 5,000,000 acciones de flujo-ventilación a $1.00 por acción FT (C$5,000,000) y (2) hasta 7,142,857 unidades sin flujo-ventilación a $0.70 por unidad (C$5,000,000). Cada unidad no-FT incluye una acción común y una warrant completa ejercitable a $1.00 por 24 meses, sujeta a vencimiento acelerado si el VWAP de 10 días alcanza $1.25.

Los ingresos financiarán exploración y capital de trabajo, con los ingresos FT destinados a gastos de exploración canadienses en proyectos de BC, particularmente el Hat Project en el noroeste de BC. Los valores estarán sujetos a un periodo de bloqueo de cuatro meses y un día y el cierre está sujeto a aprobaciones de TSXV y autoridades reguladoras.

Doubleview Gold (OTCQB: DBLVF)가 중개인 없는 비공개 공모를 발표하여 최대 C$10,000,000를 모집합니다. (1) FT 주당 $1.00의 가격으로 최대 5,000,000 주의 플로우-투 주식(총 C$5,000,000) 및 (2) 비-FT 유닛 최대 7,142,857 주$0.70에 발행합니다(총 C$5,000,000). 각 비-FT 유닛은 일반주 1주와 1개의 완전한 워런트(만료일 24개월, $1.00 행사 가능)를 포함하며, 10일 VWAP가 $1.25에 도달하면 조기 만료될 수 있습니다.

수익은 탐사 및 운전 자본에 사용될 것이며, FT 수익은 BC 프로젝트의 캐나다 탐사 비용에 배정됩니다. 특히 BC 북서부의 다금속 Hat Project에 우선 배정됩니다. 증권은 네 달과 하루의 보유 기간이 적용되며, 종결은 TSXV 및 규제 승인을 필요로 합니다.

Doubleview Gold (OTCQB: DBLVF) a annoncé un placement privé non intermédié pour lever jusqu'à C$10,000,000 par le biais de (1) jusqu'à 5 000 000 actions flux-avant à $1,00 par action FT (C$5 000 000) et (2) jusqu'à 7 142 857 unités non-FT à $0,70 par unité (C$5 000 000). Chaque unité non-FT comprend une action ordinaire et un warrant complet exerçable à $1,00 pendant 24 mois, sous réserve d'une expiry accélérée si le VWAP sur 10 jours atteint $1,25.

Les produits serviront à financer l'exploration et le fonds de roulement, les produits FT étant destinés aux dépenses d'exploration canadiennes sur les projets en BC, en particulier le Hat Project dans le nord-ouest de la BC. Les titres seront soumis à une période de blocage de quatre mois et un jour et la clôture est soumise aux approvals de la TSXV et des autorités réglementaires.

Doubleview Gold (OTCQB: DBLVF) kündigte eine nicht-brokerte Privatplatzierung an, um bis zu C$10,000,000 zu beschaffen, und zwar durch (1) bis zu 5.000.000 Flow-Through-Aktien zum Preis von $1.00 pro FT-Aktie (C$5,000,000) und (2) bis zu 7.142.857 Non-Flow-Through-Einheiten zum Preis von $0.70 pro Einheit (C$5,000,000). Jede Non-FT-Einheit enthält eine Stammaktie und eine vollständige Wandelanleihe, die zu $1.00 für 24 Monate ausübbar ist und einer beschleunigten Ablaufklausel unterliegt, falls der 10-Tage-VWAP $1.25 erreicht.

Die Erlöse dienen der Exploration und dem Working Capital, wobei FT-Erlöse für kanadische Explorationsausgaben auf BC-Projekten vorgesehen sind, insbesondere dem polymetallischen Hat Project im Nordwesten von BC. Wertpapiere unterliegen einer Haltefrist von vier Monaten und einem Tag, und der Abschluss bedarf der Genehmigungen der TSXV und der Aufsichtsbehörden.

Doubleview Gold (OTCQB: DBLVF) أُعلن عن طرح خاص غير وسيط لجمع حتى C$10,000,000 من خلال (1) حتى 5,000,000 سهم تدفق-مكفول بسعر $1.00 للسهم FT (C$5,000,000) و(2) حتى 7,142,857 وحدة غير تدفق-مكفول بسعر $0.70 للوحدة (C$5,000,000). كل وحدة غير-FT تتضمن سهماً عاديًا ومشتملة على وورنت كامل قابل للت تمرين بسعر $1.00 لمدة 24 شهراً، مع شرط انتهاء مُسرع إذا وصل VWAP لمدة 10 أيام إلى $1.25.

سيتم تخصيص العائدات للبحث والتشغيل، مع تخصيص العائدات FT للنفقات الاستكشافية الكندية في مشاريع BC، ولا سيما Hat Project في شمال غرب BC. ستخضع الأوراق المالية لقيد حظر لمدة أربعة أشهر ويوم واحد وسيعتمد الإغلاق على موافقات TSXV والجهات التنظيمية.

Positive
  • Up to C$10.0M in immediate financing available
  • Up to C$5.0M dedicated to FT-eligible exploration on Hat Project
  • Non-FT Units include warrants providing potential additional cash if exercised
Negative
  • Issuance of up to 12,142,857 shares/units may materially dilute existing holders
  • Warrants exercisable at $1.00 could create dilution if exercised
  • Securities subject to 4-months-and-1-day resale restriction limiting immediate liquidity

Vancouver, British Columbia--(Newsfile Corp. - October 30, 2025) - Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) (the "Company" or "Doubleview") is pleased to announce a non-brokered private placement of flow-through shares and non-flow-through units for gross proceeds of up to C$10,000,000 (the "Private Placement"). Proceeds of the Private Placement shall be used to fund the current exploration program and general working capital. Proceeds of the sale of the FT Shares will be used for exploration work on its BC projects, particularly for the polymetallic Hat Project, located in northwestern BC. This work includes drilling, geological advisory and analytical services as well as other development work and other "Canadian exploration expenses" that qualify as "flow-through mining expenditures" (as such terms are defined in the Income Tax Act (Canada) (the "Tax Act")).The flow-through portion of the Private Placement will consist of up to 5,000,000 flow-through Shares ("FT shares ") at a price of $1.00 per FT share for up to C$5,000,000.

Additionally, the Company will issue up to 7,142,857 hard dollar units ("non-FT Units") at a price of $0.70 per non-FT Unit, for up to C$5,000,000. Each non-FT Unit will consist of one common share and one full Warrant at an exercise price of $1.00 for 24 months from the date of issue. Each Warrant shall be subject to an accelerated expiry date at the option of the Company in the event the ten (10) day volume-weighted average price of the common shares of the Company on the TSXV for any ten (10) consecutive trading days is $1.25 or more.

Pursuant to applicable Canadian securities laws and in accordance with the TSX Venture Exchange policies, all securities issued under this Offering will be subject to applicable resale restrictions under applicable securities laws and to the Exchange hold period of four-months and one day from the date of issuance. In connection with the Private placement, Doubleview may pay a finder's fees in accordance with the policies of the TSXV consisting of cash and/or finder's shares.

The closing of the Offering is subject to receipt of all necessary regulatory approvals including the TSX Venture Exchange

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) (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.

About the Hat Polymetallic Deposit

The Hat Deposit, located in northwestern British Columbia, is a polymetallic porphyry project with major resources of copper, gold, cobalt, and the potential for scandium. As one of the region's significant sources of critical minerals, the Hat deposit has undergone targeted exploration and development. The 0.2% CuEq cut-off resource estimate, as of the recently completed Mineral Resource Estimate and the Company's July 25, 2024, news release, is summarized below:

Open Pit Model HatResource CategoryTonnageAverage GradeMetal Content
CuEqCuCoAuAgCuEqCuCoAuAg
Mt%%%g/tg/tmillion lbmillion lbmillion lbthousand ozthousand oz
In PitIndicated1500.4080.2210.0080.190.421,353733289292,045
Inferred4770.3440.1850.0090.150.493,6191,945912,3287,575

 

Scandium potential for the Hat Deposit is estimated to be 300 to 500 million tonnes at an average grade of 40 ppm (0.004%) Sc2O3.

For further details, please refer to the Company's July 25, 2024 news release.

Qualified Person:

Erik Ostensoe, P. Geo., a consulting geologist, and Doubleview's Qualified Person with respect to the Hat Project as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed, and approved the written technical disclosure contained in the news release. He is not independent of Doubleview as he is a shareholder in the company.

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.

Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate funding on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in exploration or development activities or the completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; risks related to the gold price and other commodity price fluctuations; and other risks and uncertainties related to the Company's prospects, properties and business detailed elsewhere in the Company's disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty or reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise any forward-looking statements, other than as required by applicable law, to reflect new information, events or circumstances, or changes in management's estimates, projections or opinions. Actual events or results could differ materially from those anticipated in the forward-looking statements or from the Company's expectations or projections.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/272690

FAQ

How much is Doubleview Gold (DBLVF) raising in the October 31, 2025 private placement?

Up to C$10,000,000 via C$5,000,000 of FT shares and C$5,000,000 of non-FT units.

What are the terms of the flow-through shares in Doubleview's DBLVF offering?

Up to 5,000,000 FT shares at $1.00 per share, with proceeds for Canadian exploration expenses.

What does each non-flow-through unit include in the DBLVF financing?

Each non-FT Unit includes one common share and one full warrant exercisable at $1.00 for 24 months.

How many total shares/units could Doubleview issue under the offering?

Up to 12,142,857 total securities (5,000,000 FT shares plus 7,142,857 non-FT units).

When do the warrants in Doubleview's (DBLVF) offering expire or accelerate?

Warrants expire after 24 months, but may be accelerated if the 10-day VWAP reaches $1.25 over 10 consecutive trading days.

When will proceeds from the DBLVF flow-through shares be spent and on which project?

FT proceeds will fund exploration work on BC projects, specifically targeting the polymetallic Hat Project in northwestern BC.
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