Doubleview Gold Corp. Closes Second Tranche of $104,000 Non-Brokered Private Placement
TMX Newsfile·2025-12-31 13:00

Core Viewpoint - Doubleview Gold Corp. has successfully closed the second tranche of its non-brokered private placement, raising a total of $104,000 through the issuance of flow-through units, which will support its exploration programs and general working capital needs [1][2][3]. Group 1: Private Placement Details - The second tranche involved the issuance of 80,000 flow-through units at a price of $1.30 per unit, resulting in gross proceeds of $104,000 [2]. - Combined with the first tranche, which closed on December 22, 2025, the total gross proceeds raised by the company amount to $829,099.70 [3]. - The company will pay finders fees totaling $25,000 in cash to PB Markets Inc. in connection with the second tranche [3]. Group 2: Use of Proceeds - Proceeds from the second tranche will be allocated to fund the current exploration program on the company's projects in British Columbia, particularly the polymetallic Hat Project [3]. Group 3: Regulatory and Compliance Information - All securities issued in the second tranche are subject to a four-month-and-one-day hold period, expiring on May 2, 2026, in accordance with applicable securities laws [4]. - The private placement is pending final approval from the TSX Venture Exchange, with the company expecting to close the remaining portion in the coming weeks [4]. Group 4: Company Overview - Doubleview Gold Corp. is a mineral resource exploration and development company based in Vancouver, British Columbia, focusing on precious and base metal projects across North America [5]. - The company aims to enhance shareholder value through the acquisition and exploration of high-quality projects involving critical minerals such as gold, copper, cobalt, scandium, and silver [5]. - The company's success is attributed to the support of long-term shareholders and institutional investors, which has been crucial for advancing its strategic initiatives [6].