Doubleview Capital Corp. Announces Exercise of Warrants for Proceeds of $530,500admin
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.
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
President & CEO
T: (604) 678-9587
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.
Posted: February 18th, 2014 under ACCESSWIRE.