- Doubleview Gold (DBG) receives final TSX approval for a non-brokered flow-through (FT) and non-flow-through (NFT) private placement
- Doubleview is issuing 1,370,000 flow-through units and 520,000 NFT units for total gross proceeds of $3,068,241.20
- The gross proceeds will be used to fund the company’s exploration work
- Doubleview Gold (DBG) is a mineral resource exploration and development company based in Vancouver
- Doubleview Gold (DBG) is down today, trading at C$0.36 as of 1:35 pm ET
Doubleview Gold (DBG) has received TSX approval for its non-brokered private placement for total gross proceeds of $3,068,241.20.
Doubleview is issuing 1,370,000 flow-through units at $0.30 per FT unit for a total of $411,000. Each FT unit consists of one common share and one share purchase warrant (exercisable for one common share at $0.33 per share for two years).
The company is also issuing 520,000 NFT units at $0.25 per NFT unit for a total of $130,000. Each NFT unit consists of one common share and one share purchase warrant (exercisable for one common share at $0.31 per share for two years).
The gross proceeds will be used to fund the company’s exploration work on its projects, notably the Hat Project.
All securities issued are subject to a statutory four-month hold period.
A fee of $28,770 in cash and 95,900 finders warrants will be paid to eligible finders.
Doubleview Gold (DBG) is a mineral resource exploration and development company based in Vancouver.
Doubleview Gold (DBG) is down today, trading at C$0.36 as of 1:35 pm ET.