Doubleview Capital Corp. (TSX-V: DBV) Announces Proposed Non-brokered Private Placement Financing
05 Septiembre 2013 - 7:59AM
Access Wire
Doubleview Capital Corp.
("Doubleview") (TSX-V: DBV) announces a
proposed non-brokered private placement of up to 8,333,333 units
("Units") at a price of $0.06 per Unit for gross proceeds of up to
$500,000 (the "Offering"). Each Unit will be comprised of one
common share of Doubleview and one-half of one common share
purchase warrant ("Warrant"), with each whole Warrant entitling the
holder to purchase one additional common share at $0.15 per share
for a period of two years from the date of
issuance.
Subject to
TSX Venture Exchange approval, Doubleview may pay finders a fee of
up to 8% of the gross proceeds of the private placement and issue
finders share purchase warrants equal to 8% of the number of Units
sold in the Offering. Each finder's warrant will entitle the holder
to acquire one common share of Doubleview at a price of $0.15 per
share for a period of two years from the date of
issuance.
Proceeds from
the Offering will be used by Doubleview for an additional drill
program on the Hat Property, located in northwestern British
Columbia, and for general working capital
purposes.
Closing of
the Offering is subject to TSX Venture Exchange
approval.
About Doubleview Capital
Corp.
Doubleview Capital
Corp. is a Canadian resource exploration and development company
located in Vancouver British Columbia. Doubleview is a publicly
trading company on TSX-Venture Exchange under TSX.V: DBV. Doubleview
identifies, acquires and finances quality precious and base metal
exploration mining projects in North America and more specifically
British Columbia, Canada. Doubleview increases shareholder value
through strategic and quality Gold, Copper, and Silver projects
acquisitions, and through advanced and state of the art exploration
methods in the industry.
Doubleview endeavours
to increase the odds of exploration success and to mitigate
investment risk through diversification. The recent, strategic
property acquisitions have strengthened the Doubleview's property
portfolio of Gold, Silver and Copper exploration
projects.
On behalf of the Board of
Directors,
Farshad Shirvani, President
& Chief Executive Officer
For further
information please contact:
Doubleview Capital
Corp.
Suite 310, 675 West Hastings
Street
Vancouver, BC V6B
1N2
Farshad Shirvani
President & CEO
T: (604)
678-9587
E: corporate@doubleview.ca
Forward-Looking Statements
Information set forth
in this news release contains forward-looking statements that are
based on assumptions as of the date of this news release. These
statements reflect management's current estimates, beliefs,
intentions and expectations. They are not guarantees of future
performance. Doubleview cautions that all forward looking
statements are inherently uncertain and that actual performance may
be affected by a number of material factors, many of which are
beyond Doubleview's control. Such factors include, among other
things: risks and uncertainties relating to Doubleview's ability to
complete the proposed private placement financing, implement its
exploration program on the Hat Property, limited operating history
and the need to comply with environmental and governmental
regulations. Accordingly, actual and future events, conditions and
results may differ materially from the estimates, beliefs,
intentions and expectations expressed or implied in the forward
looking information. Except as required under applicable securities
legislation, Doubleview undertakes no obligation to publicly update
or revise forward-looking information.
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.
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