Doubleview Announces Grant of Stock Options

Rhea-AI Summary

Doubleview Gold Corp. (DBLVF) has granted 2,830,000 stock options at $0.49 per share to certain directors, officers, and consultants, in line with its 10% rolling incentive stock option plan. The options are exercisable for five years and will become fully vested immediately.

Vancouver, British Columbia--(Newsfile Corp. - May 7, 2024) - Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: A1W038) (the "Company or "Doubleview") announces it has granted incentive stock options to certain directors, officers and consultants of the Company to acquire an aggregate of 2,830,000 common shares in the capital of the Company at an exercise price of $0.49 (the "Options") in accordance with the Company's 10% rolling incentive stock option plan. The Options are exercisable for a five-year term expiring May 07, 2029, and will become fully vested immediately.

About Doubleview Gold Corp

Doubleview Gold Corp., a mineral resource exploration and development company, is based in Vancouver, British Columbia, Canada, and is publicly traded on the TSX-Venture Exchange (TSXV: DBG) (OTCQB: DBLVF) (FSE: A1W038) (FSE: 1D4). Doubleview identifies, acquires and finances precious and base metal exploration projects in North America, particularly in British Columbia. Doubleview increases shareholder value through acquisition and exploration of quality gold, copper and silver properties and the application of advanced state-of-the-art exploration methods. The Company's portfolio of strategic properties provides diversification and mitigates investment risk.

On behalf of the Board of Directors,
Farshad Shirvani, President & Chief Executive Officer

For further information please contact:

Doubleview Gold Corp
Vancouver, BC
Farshad Shirvani
President & CEO
T: (604) 678-9587
E: corporate@doubleview.ca

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Certain of the statements made and information contained herein may constitute "forward-looking information." In particular references to the private placement and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/208323

FAQ

How many stock options did Doubleview Gold Corp. (DBLVF) grant?

Doubleview Gold Corp. (DBLVF) granted 2,830,000 stock options to certain directors, officers, and consultants.

At what price are the stock options exercisable?

The stock options granted by Doubleview Gold Corp. (DBLVF) are exercisable at a price of $0.49 per share.

For how long are the stock options exercisable?

The stock options granted by Doubleview Gold Corp. (DBLVF) are exercisable for a five-year term expiring on May 07, 2029.

When will the stock options become fully vested?

The stock options granted by Doubleview Gold Corp. (DBLVF) will become fully vested immediately.