Doubleview Gold Corp. V.DBG

Alternate Symbol(s): DBLVF

Metals & Mining Industrial Metals & Minerals

Doubleview Gold Corp. is a mineral exploration and development company based in Vancouver, British Columbia, Canada. The Company identifies, acquires and finances precious and base metal exploration projects in North America, particularly in British Columbia. It focuses on acquisition and exploration of quality gold, copper and silver properties and the application of advanced exploration methods. Its projects include Hat Property and Red Spring Copper-Silver-Gold Property. The Company owns a 100% interest in the Hat Property. The Hat Property consists of ten mineral claims totaling 5214 hectares and is 50 kilometers northwest of Telegraph Creek, British Columbia. The property is subject to a 2% Net Smelter Royalty. The Company owns a 90% interest in the Red Spring Copper-Silver-Gold Property, which consists of six mineral claims totaling 4,224.34 ha, located in the Omineca Mining District of British Columbia. The Red Springs Property is subject to a 2.5% Net Smelter Property.

TSXV:DBG - Post by User

Doubleview Gold Corp.

Bullboard Posts

Comment by SirHumpsAloton Feb 06, 2017 9:51am

57 Views

Post# 25803785

RE:RE:RE:sirdumpalots

You keep making yourself look foolish. As I said, there is a possibility of cenverting the debenture into shares. That is one loan repayment method. The other is to pay cash. If DBV is trading at 2 cents do you really think they will convert at a dime!!

A debenture is a LOAN!!

lifegoeson wrote: Humper, what DON'T you get..... by the nature of the term "CONVERTIBLE", means that this debenture is convertible into stock, there are also other features, such as acceleration of conversion.... READ this, or can you read", or are you like Trump..... READ..... "

Doubleview Capital Corp. has proposed a non-brokered private placement financing of convertible notes in the principal amount of $450,000 (U.S.). Each note will bear interest at a rate of 5 per cent per annum, payable quarterly, and will mature and be payable 18 months from the date of issue of the notes.

The principal amount of the notes will be convertible into units at a price of 7.866582 U.S. cents (being 10 Canadian cents) per unit. Each unit will consist of one common share of Doubleview and three-quarters of one share purchase warrant, with each whole warrant entitling the holder to purchase one common share of Doubleview at a price of 15 Canadian cents per share for a period of 30 months from the date of issue of the warrants."