Doubleview Capital Corp Closes $397,622 Financing-Canada Stockwatch News

Canada Stockwatch News reported that Doubleview Capital Corp. has completed its previously announced proposed non-brokered private placement by issuing a total of 5,038,000 flow-through units at a price of five cents per flow-through unit for flow-through proceeds of approximately $251,900 and issuing a total of 2,914,440 non-flow-through units at a price of five cents per non-flow-through unit for gross proceeds of $145,722. Each NFT unit is composed of one common share of Doubleview and one common share purchase warrant, with each NFT warrant entitling the holder to purchase one additional non-flow-through common share at 10 cents per share until December 31, 2014. Each FT unit is composed of one flow-through common share of Doubleview and one common share purchase warrant, with each FT warrant entitling the holder to purchase one additional non-flow-through common share at 15 cents per share until December 31, 2014. The proceeds from the flow-through private placement will be used to pay qualifying exploration expenditures, including diamond drilling; expenditures on Doubleview's fully permitted Hat copper-gold porphyry project in northwestern British Columbia; and the net proceeds of the non-flow-through private placement will be used for general working capital purposes and may also be used to finance further exploration work on the Hat project.