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Provider: Reuters Investment Profile
$20.00

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


Wednesday, 2 Jan 2013 08:39am EST 

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. 

Latest Developments for Doubleview Capital Corp

Company Quote

0.11
-0.03 -21.43%
12 Dec 2014