Doubleview Capital Corp. Announces Exercise of Warrants for Proceeds of $564,750 and Completion of Drill Program


Follow this company

Companies Mentioned

TSX.V:DBV
04/30/2014 [ACCESSWIRE]

VANCOUVER, BC / ACCESSWIRE / April 30 2014 / Doubleview Capital Corp. ("Doubleview") (TSX-V: DBV) is pleased to announce that it has completed its previously announce drill program on the Hat Property (see news release dated March 27, 2014). Details of the drill program will be provided on receipt of assay results, which is expected within four weeks.

Exercise of Accelerated 2012 Warrants

Further to Doubleview's news release announcing the acceleration of the expiry date of certain share purchase warrants issued in December 2012 (the "Warrants"), Doubleview is pleased to announce that it received proceeds of $574,650 in connection with the exercise of 4,090,000 Warrants. Any Warrants that were not exercised have now expired.

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 drill 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.

SOURCE: Doubleview Capital Corp.   

COMMENTS

Leave a comment...
 * 

Your Name
 *