Doubleview Gold Corp Raises $750,000 in Private Placement Financing for Exploration Work on BC Projects

Wednesday, May 28, 2025 8:50 am ET1min read

Doubleview Gold Corp. has raised $750,000 through a non-brokered private placement, issuing 1,000,000 flow-through shares at $0.75 each. The proceeds will be used for exploration work on its BC projects, including drilling and ground IP survey. The closing of the offering is subject to regulatory approvals.

Doubleview Gold Corp. (DBLVF) has successfully completed a non-brokered private placement, raising $750,000 through the issuance of 1,000,000 flow-through shares at $0.75 per share [1]. The proceeds will fund exploration activities at two BC projects: the polymetallic Hat Project in northwestern BC and the copper-silver-zinc Red Spring project in central BC. The funds will support drilling, ground IP survey, geological advisory, and analytical services.

The company will also issue 57,217 finder's shares at $0.66, and all securities are subject to a four-month and one-day hold period, pending TSX Venture Exchange approval. This financing is a significant step for Doubleview Gold Corp. as it continues to advance its exploration efforts in British Columbia.

In related news, Prosper Gold Corp. (TSXV:PGX) has announced the mobilization of field crews for additional drilling at the Cyprus Project [2]. Drilling will follow up on the results of a ground-based Induced Polarization (IP) survey completed at Target A in March 2025. The survey revealed a 2,600 by 800-metre area of higher chargeability roughly 1 kilometre to the southwest, which will be tested in the upcoming drilling program.

The Cyprus Project is situated in north-central British Columbia and encompasses the historical Kaza and Northstar copper prospects. The project represents a district-scale copper-gold porphyry exploration target. Initial drilling at Target A confirmed the presence of porphyritic intrusions and quartz-sericite-pyrite alteration, suggesting the potential for a porphyry copper deposit.

Both companies are actively engaged in exploration activities, demonstrating the ongoing interest in the mineral exploration sector in British Columbia. As exploration progresses, investors will be closely monitoring these developments for potential future growth opportunities.

References:
[1] https://www.stocktitan.net/news/DBLVF/doubleview-gold-corp-announces-closing-of-private-0lc6s01rtmo0.html
[2] https://www.juniorminingnetwork.com/junior-miner-news/press-releases/652-tsx-venture/pgx/180888-prosper-mobilizes-crews-for-additional-drilling-at-cyprus.html

Doubleview Gold Corp Raises $750,000 in Private Placement Financing for Exploration Work on BC Projects

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