Doubleview Gold Corp Announces Non-Brokered Private Placement of Flow-Through Units

Core Points - Doubleview Gold Corp. announced a non-brokered private placement of flow-through units for gross proceeds of up to approximately C$2,000,000 to fund its exploration program, particularly for the Hat Project in British Columbia [1][4] - The private placement will consist of up to 1,538,462 flow-through units priced at $1.30 each, which will include one common share and one common share purchase warrant [2][3] - The company is focused on identifying and financing precious and base metal exploration projects across North America, with a strong emphasis on British Columbia [4][5] Financial Details - The proceeds from the private placement will be allocated for drilling, geological advisory, analytical services, and other development work qualifying as "flow-through mining expenditures" [1] - Each warrant allows the holder to purchase one common share at an exercise price of $2.00 for a period of 24 months following the closing date [2] Regulatory and Compliance - All securities issued under this offering will be subject to resale restrictions and a hold period of four months and one day from the date of issuance [3] - The closing of the offering is contingent upon receiving all necessary regulatory approvals, including from the TSX Venture Exchange [4]