Source: Doubleview Gold Corp.
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  • Doubleview Gold (DBG) receives final TSX approval for a non-brokered flow-through (FT) and non-flow-through (NFT) private placement
  • Doubleview is issuing 1,370,000 flow-through units and 520,000 NFT units for total gross proceeds of $3,068,241.20
  • The gross proceeds will be used to fund the company’s exploration work
  • Doubleview Gold (DBG) is a mineral resource exploration and development company based in Vancouver
  • Doubleview Gold (DBG) is down today, trading at C$0.36 as of 1:35 pm ET

Doubleview Gold (DBG) has received TSX approval for its non-brokered private placement for total gross proceeds of $3,068,241.20.

Doubleview is issuing 1,370,000 flow-through units at $0.30 per FT unit for a total of $411,000. Each FT unit consists of one common share and one share purchase warrant (exercisable for one common share at $0.33 per share for two years).

The company is also issuing 520,000 NFT units at $0.25 per NFT unit for a total of $130,000. Each NFT unit consists of one common share and one share purchase warrant (exercisable for one common share at $0.31 per share for two years).

The gross proceeds will be used to fund the company’s exploration work on its projects, notably the Hat Project.

All securities issued are subject to a statutory four-month hold period.

A fee of $28,770 in cash and 95,900 finders warrants will be paid to eligible finders.

Doubleview Gold (DBG) is a mineral resource exploration and development company based in Vancouver.

Doubleview Gold (DBG) is down today, trading at C$0.36 as of 1:35 pm ET.


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