Source: Doubleview Gold Corp.
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Doubleview Gold Corp. (DBG) has closed a non-brokered private placement for gross proceeds of $3,068,241.20
  • Under the third tranche, Doubleview will issue 1,890,000 flow-through units for gross proceeds of $411,000
  • The gross proceeds from the flow-through offering will finance exploration work, particularly for the Hat Project
  • Doubleview Gold is a Vancouver-based mineral resource exploration and development company
  • Doubleview Gold Corp. (DBG) opened trading at C$0.25

Doubleview Gold Corp. (DBG) has closed the final tranche of its non-brokered private placement for gross proceeds of $541,000.

Combined with the previous two tranches of its previously announced offering, the company raised $3,068,241.20.

Under the third tranche, Doubleview will issue 1,890,000 flow-through units for gross proceeds of $411,000. Each FT Unit consists of one common share issued as a flow-through common share and one share purchase warrant.

The company will also issue 520,000 non-flow-through units for total proceeds of $130,000. Each NFT unit consists of one common share and one share purchase warrant.

The gross proceeds from the flow-through offering will finance exploration work, particularly for the Hat Project. The gross proceeds from the NFT offering will be used for legal, accounting and general administrative costs.

All shares issued are subject to a hold period expiring November 6, 2022.

Doubleview Gold is a Vancouver-based mineral resource exploration and development company. Doubleview increases shareholder value by acquiring and exploring quality gold, copper and silver properties.

Doubleview Gold Corp. (DBG) opened trading at C$0.25.

More From The Market Herald

" Victoria Gold (TSXV:GCX) reports Q2 2022 results

Victoria Gold (GCX) released its Q2 2022 results, mostly stemming from its Eagle Gold Mine in Yukon.

" Sandstorm Gold receives court approval for Nomad Royalty (TSX:NSR) acquisition

Nomad Royalty Company (NSR) announced that the Superior Court of Québec has issued a final order approving its acquisition by Sandstorm Gold Ltd.
Grizzly Discoveries Inc. - President & CEO, Brian Testo

" Grizzly (TSXV:GZD) to begin drilling targets

Grizzly Discoveries Inc. (GZD) has announced plans to begin drilling on the Greenwood Project before the end of this month.

" Winshear Gold (TSXV:WINS) upsizes private placement

Winshear Gold (WINS) has increased its previously announced non-brokered private placement financing to $650,000.