Doubleview Gold Corp Announces Private Placement
Doubleview Gold Corp (DBLVF) has announced a non-brokered private placement to raise up to $1.5 million through flow-through and non-flow-through units. The Non-Flow-Through Units are priced at $0.38, consisting of one common share and one warrant. Warrants are exercisable at $0.48 for 6 months, then $0.55 for 18 months, with early termination if shares trade at $0.65 for 5 consecutive days.
Flow-through shares will be issued at $0.44 per share. Proceeds will fund exploration work on BC projects, particularly the polymetallic Hat Project, including drilling, geological advisory, and analytical services. The placement includes potential finder's fees and requires TSX Venture Exchange approval.
Doubleview Gold Corp (DBLVF) ha annunciato un collocamento privato non intermediato per raccogliere fino a 1,5 milioni di dollari attraverso unità flow-through e non flow-through. Le unità non flow-through sono prezzate a $0,38 e consistono in un'azione ordinaria e un warrant. I warrant possono essere esercitati a $0,48 per 6 mesi, poi a $0,55 per 18 mesi, con termine anticipato se le azioni vengono scambiate a $0,65 per 5 giorni consecutivi.
Le azioni flow-through saranno emesse a $0,44 per azione. I proventi finanzieranno il lavoro di esplorazione nei progetti della Columbia Britannica, in particolare il progetto polimetallico Hat, che include perforazioni, consulenze geologiche e servizi analitici. Il collocamento include potenziali commissioni per i procacciatori e richiede l'approvazione della Borsa di Toronto Venture.
Doubleview Gold Corp (DBLVF) ha anunciado una colocación privada no intermediada para recaudar hasta 1,5 millones de dólares a través de unidades flow-through y no flow-through. Las unidades no flow-through tienen un precio de $0,38, y constan de una acción común y un warrant. Los warrants se pueden ejercer a $0,48 durante 6 meses, luego a $0,55 durante 18 meses, con posibilidad de terminación anticipada si las acciones se negocian a $0,65 durante 5 días consecutivos.
Las acciones flow-through se emitirán a $0,44 por acción. Los ingresos se destinarán a financiar trabajos de exploración en proyectos en Columbia Británica, particularmente el proyecto polimetálico Hat, que incluye perforaciones, asesoría geológica y servicios analíticos. La colocación incluye posibles comisiones para facilitadores y requiere la aprobación de la Bolsa de Valores de Toronto Venture.
더블뷰 골드 Corp (DBLVF)는 비중개 프라이빗 플레시먼트를 통해 최대 150만 달러를 모금한다고 발표했습니다. 비유동 주식은 $0.38로 책정되며, 한 개의 보통주와 한 개의 워런트로 구성됩니다. 워런트는 6개월 동안 $0.48로 행사할 수 있으며, 이후 18개월 동안 $0.55로 행사할 수 있습니다. 주식이 5일 연속 $0.65에 거래될 경우 조기 종료가 가능합니다.
플로우스루 주식은 주당 $0.44에 발행됩니다. 수익금은 BC 프로젝트, 특히 다중금속 해트 프로젝트에 대한 탐사 작업에 사용될 예정이며, 여기에는 드릴링, 지질 자문 및 분석 서비스가 포함됩니다. 이 플레시먼트에는 잠재적 중개 수수료가 포함되어 있으며, TSX 벤처 거래소의 승인이 필요합니다.
Doubleview Gold Corp (DBLVF) a annoncé un placement privé non intermédié pour lever jusqu'à 1,5 million de dollars par le biais d'unités flow-through et non flow-through. Les unités non flow-through sont fixées à 0,38 $, consistant en une action ordinaire et un bon de souscription. Les bons de souscription sont exerçables à 0,48 $ pendant 6 mois, puis à 0,55 $ pendant 18 mois, avec résiliation anticipée si les actions se négocient à 0,65 $ pendant 5 jours consécutifs.
Les actions flow-through seront émises à 0,44 $ par action. Les fonds serviront à financer des travaux d'exploration sur des projets en Colombie-Britannique, en particulier le projet polymétallique Hat, incluant le forage, les conseils géologiques et les services analytiques. Le placement inclut des commissions éventuelles pour les apporteurs d'affaires et nécessite l'approbation de la Bourse de Toronto Venture.
Doubleview Gold Corp (DBLVF) hat eine nicht vermittelte Privatplatzierung angekündigt, um bis zu 1,5 Millionen Dollar über Flow-Through- und Nicht-Flow-Through-Einheiten zu beschaffen. Die Nicht-Flow-Through-Einheiten sind mit $0,38 bewertet und bestehen aus einer Stammaktie und einem Warrant. Die Warrants können für 6 Monate zu $0,48 und danach für 18 Monate zu $0,55 ausgeübt werden, mit vorzeitiger Beendigung, wenn die Aktien 5 aufeinanderfolgende Tage bei $0,65 gehandelt werden.
Flow-Through-Aktien werden zu einem Preis von $0,44 pro Aktie ausgegeben. Die Einnahmen werden die Explorationsarbeiten an Projekten in British Columbia, insbesondere am polymetallischen Hat-Projekt, einschließlich Bohrungen, geologischer Beratung und analytischen Dienstleistungen, finanzieren. Die Platzierung umfasst mögliche Findergebühren und erfordert die Genehmigung der TSX Venture Exchange.
- Raising up to $1.5 million in new capital
- Funds allocated for exploration work on Hat Project
- Structured warrant program with tiered exercise prices
- Potential shareholder dilution through new share issuance
- Warrant exercise prices set below $0.65, indicating conservative valuation expectations
Vancouver, British Columbia--(Newsfile Corp. - December 17, 2024) - Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) (the "Company" or "Doubleview") is pleased to announce that it is raising flow-through and non-flow-through funds by way of a non-brokered private placement for aggregate proceeds of up to
Each Non-Flow-Through Unit shall consist of one common share of the Company (a "Share") and one common share purchase warrant (each, a "Warrant") at a price of
Each flow-through share (the "FT Share") will be issued at a price of
The proceeds of the sale of the shares will be used for contribution and maintenance of the Company's exploration work on its BC projects, particularly for the polymetallic Hat Project, located in northwestern BC. This work includes drilling, geological advisory and analytical services as well as other development work and general working capital purposes.
Pursuant to applicable Canadian securities laws and in accordance with the Exchange policies, all securities issued under this Private Placement will be subject to applicable resale restrictions under applicable securities laws and to the Exchange hold period. Doubleview may pay a finder's fee in cash and/or share purchase warrants in connection with the private placement.
The closing of the Offering is subject to receipt of all necessary regulatory approvals including the TSX Venture Exchange.
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: LA1W038), 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, supporters, and institutional investors. Their ongoing commitment has been instrumental in advancing the company's strategic initiatives. Doubleview looks forward to further collaborative growth and development and continues to welcome active participation from its valued stakeholders as the company expands its portfolio and strengthens its position in the critical minerals sector.
About the Hat Polymetallic Deposit
The Hat Deposit, located in northwestern British Columbia, is a polymetallic porphyry project with major resources of copper, gold, cobalt, and the potential for scandium. As one of the region's significant sources of critical minerals, the Hat deposit has undergone targeted exploration and development. The
| Average Grade | Metal Content | |||||||||||
| Open Pit Model Hat | Resource Category | Tonnage | CuEq | Cu | Co | Au | Ag | CuEq | Cu | Co | Au | Ag |
| Mt | % | % | % | g/t | g/t | million lb | million lb | million lb | thousand oz | thousand oz | ||
| In Pit | Indicated | 150 | 0.408 | 0.221 | 0.008 | 0.19 | 0.42 | 1,353 | 733 | 28 | 929 | 2,045 |
| Inferred | 477 | 0.344 | 0.185 | 0.009 | 0.15 | 0.49 | 3,619 | 1,945 | 91 | 2,328 | 7,575 | |
Scandium potential for the Hat Deposit is estimated to be 300 to 500 million tonnes at an average grade of 40 ppm (
For further details, please refer to the Company's July 25, 2024 news release.
Qualified Person:
Erik Ostensoe, P. Geo., a consulting geologist, and Doubleview's Qualified Person with respect to the Hat Project as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed, and approved the written technical disclosure contained in the news release. He is not independent of Doubleview as he is a shareholder in the company.
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/234226
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