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topicnews · September 10, 2024

CORRECTION OF SOURCE: Doubleview Gold Corp announces private placement

CORRECTION OF SOURCE: Doubleview Gold Corp announces private placement

Vancouver, British Columbia–(Newsfile Corp. – September 10, 2024) – Doubleview Gold Corp. (TSXV:DBG) (OTCQB:DBLVF) (FSE:1D4) (the “Company” or “Doubleview”) wishes to amend its previously issued press release regarding the pricing of its units. The Company is pleased to announce that it is raising flow-through and non-flow-through funds through a non-brokered private placement for gross proceeds of up to $4,000,000.

Each flow unit (the “FT unit“) consists of one common share of the Company (a “FT share“) and one-half of one common share purchase warrant (each, a “Warranty“) at a price of $0.55 per FT Unit. Each full warrant entitles the holder to purchase one common share of the Company (a “Warrant Share“) (on a non-flow-through basis) at an exercise price of $0.65 per warrant share for a period of 24 months following the closing date. The warrants may be terminated early if the underlying shares trade at a volume weighted average price of at least $0.70 for 5 consecutive days during the 24-month period from the date of issuance.