Doubleview Gold Corp Raises Flow-Through Funds
Vancouver, British Columbia–Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (WKN: A1W038), a mineral resource exploration and development company based in Vancouver, is excited to announce its plans to raise flow-through funds through a non-brokered Private Placement at a price of $0.70 per share.
The primary objective of this fundraising effort is to generate funds for the contribution and maintenance of the Company’s ongoing exploration work on its BC projects, with a particular focus on the polymetallic Hat Project situated in northwestern BC. The allocated funds will support various activities, including drilling, geological advisory services, and analytical services necessary for the project’s progress.
To comply with Canadian securities laws and Exchange policies, all securities issued as part of this private placement will be subject to applicable resale restrictions and the Exchange’s hold period.
The finalization of the Offering is still contingent on receiving approval from all necessary regulatory bodies, including the TSX Venture Exchange.
Doubleview Gold Corp has opted not to pay any Finder’s Fee or commissions in relation to this Private Placement.
Doubleview Gold Corp, a publicly traded company on the TSX-Venture Exchange (TSXV: DBG), (OTCQB: DBLVF), (WKN: A1W038), (FSE: 1D4), is committed to identifying, acquiring, and financing precious and base metal exploration projects in North America, primarily in British Columbia. The Company aims to enhance shareholder value by acquiring and exploring gold, copper, and silver properties using advanced state-of-the-art exploration methods. With a portfolio of strategic properties, Doubleview Gold Corp ensures diversification and mitigates investment risks.
According to Farshad Shirvani, President, and Chief Executive Officer of Doubleview Gold Corp: We are pleased to raise flow-through funds through this Private Placement, which will enable us to continue our exploration work, particularly on the Hat Project. This financing will play a vital role in advancing our operations and achieving our goals.
For further information, please contact:
Doubleview Gold Corp
Vancouver, BC Farshad Shirvani
President & CEO
T: (604) 678-9587
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Certain statements made and information contained herein may constitute forward-looking information. The private placement and future work programs mentioned may be subject to risks associated with operations on the property, general exploration activity, equipment limitations, availability, and other unforeseen risks. Therefore, readers are advised not to solely rely on forward-looking information. The Company commits to publicly updating or revising any forward-looking information as required by applicable securities legislation, whether due to new information, future events, or otherwise.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/189853