Vancouver, British Columbia–(ACN Newswire – November 19, 2025) – Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) (the “Company” or “Doubleview”) is pleased to announce that it has closed the second tranche of its previously announced non-brokered private placement (the “Private Placement”) announced on November 7, 2025.
The second tranche consists of 2,016,286 units (the “Units”) at a price of $0.70 per Unit for aggregate gross proceeds of $1,411,400. Each Unit consists of one common share (a “Share”) and one common share purchase warrant (a “Warrant”). Each Warrant entitles the holder to purchase one additional Share at a price of $1.00 for a period of 24 months from the date of issue, subject to an accelerated expiry provision whereby the Company may accelerate the expiry date if the volume-weighted average trading price of the Shares on the TSX Venture Exchange is $1.25 or greater for any ten (10) consecutive trading days.
Combined with the first tranche that closed on November 7, 2025, the Company has now raised total gross proceeds of $7,181,400 under the Private Placement.
Insider Participation and Related Party Transaction
A director of the Company participated in the second tranche by subscribing for 350,000 Units ($245,000), representing approximately 17.3% of the second tranche. This participation constitutes a “related party transaction” within the meaning of Multilateral Instrument 61-101 — Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The Company is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 pursuant to sections 5.5(a) and 5.7(1)(a), as the fair market value of the securities issued to the director does not exceed 25% of the Company’s market capitalization.
In connection with the second tranche, the Company paid finder’s fees to Research Capital Corporation consisting of $44,100 in cash and 63,000 non-transferable finder’s warrants issued on the same terms as the Warrants forming part of the Units.
All securities issued pursuant to the second tranche, including securities issued as finder’s fees, are subject to a statutory four-month and one-day hold period expiring March 19, 2026.
The Private Placement, including the insider participation described above, is subject to final acceptance of the TSX Venture Exchange.
Proceeds from the Private Placement will be used to advance the Company’s exploration program on its British Columbia projects, particularly the polymetallic Hat Project located in northwestern British Columbia, and for general working capital purposes.
About Doubleview Gold Corp
A mineral resource exploration and development company is headquartered in Vancouver, British Columbia, Canada. It is publicly traded on the TSX-Venture Exchange (TSXV: DBG), (OTCQB: DBLVF), (WKN: A1W038), and (FSE: 1D4). Doubleview focuses on identifying, acquiring, and financing precious and base metal exploration projects across North America, with a strong emphasis on British Columbia. The company enhances shareholder value through the acquisition and exploration of high-quality gold, copper, cobalt, scandium, and silver projects-collectively critical minerals-utilizing cutting-edge exploration techniques.
Doubleview’s success is deeply rooted in the unwavering support of its long-term shareholders,