Post by
lifegoeson on Oct 20, 2020 7:41am
Doubleview Announces $2,274,000 Financing - this is good.
Great to see that Farshad is raising money at these price levels, it must show that the drilling at HAT is going well and must be showing positive results, otherwise why would anyone put money into a play with no future. Good Luck.... just a matter of time. One of the few companies after 7 years that hasn't consolidated and able to raise money.
Doubleview Announces $2,274,000 Financing
VANCOUVER, BC / ACCESSWIRE / October 20, 2020 / Doubleview Gold Corp. ("Doubleview") (TSXV:DBG)(OTC PINK:DBLVF)(FRANKFURT: 1D4) is pleased to announce a non-brokered private placement (the "Private Placement) of up to 6,060,606 Flow-Through Units at $0.33 per Unit for total proceeds of up to $2,000,000. Each Flow-Through Unit will consist of one common share to be issued as a flow-through common share and one half of one non-transferable share purchase warrant, with each whole warrant exercisable at $0.40 per common share for a period of two years from the date of issue. Doubleview is also announcing the Private Placement of up to 1,245,455 Units at a price of $0.22 per Unit for total proceeds of $274,000. Each Unit consists of one common share and one share purchase warrant, with each whole warrant exercisable at $0.40 per common share for a period of two years from the date of the issue.
The proceeds of the Offering will be used for ongoing exploration work on the Hat Project and general working capital purposes.