Doubleview Capital Corp. Announces Exercise of Warrants for Proceeds of $530,500
February 18 2014 - 9:00AM
Access Wire
February 18, 2014. Vancouver, B.C.
Doubleview Capital Corp.
("Doubleview") (TSX-V: DBV) announces that 3,996,666
previously issued share purchase warrants (the "Warrants") were
exercised for gross proceeds of $530,500. Of the Warrants
exercised, 2,616,666 Warrants were exercised at a price of $0.15
per share and 1,380,000 Warrants were exercised at a price of $0.10
per share. The Warrants were issued in non-brokered private
placement financings in December 2012, May 2013 and October
2013.
Following the exercise of the
Warrants, Doubleview continues to have a total of 16,226,885 share
purchase warrants outstanding that were previously issued under
private placement financings in December 2012, May 2013, September
2013 and October 2013.
About Doubleview Capital Corp.
Doubleview Capital Corp., a mineral
resource exploration and development company, is based in
Vancouver, British Columbia, Canada and is publicly traded on the
TSX-Venture Exchange [TSX.V:DBV]. Doubleview identifies, acquires
and finances precious and base metal exploration projects in North
America, particularly in British Columbia, Canada. Doubleview
increases shareholder value through acquisition and exploration of
quality gold, copper and silver properties and the application of
advanced state-of-the-art exploration methods. Doubleview's
portfolio of strategic properties provides diversification and
mitigates investment risk.
Forward-looking
Information
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 results of Doubleview's
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.
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
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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