Doubleview Gold closes $104,000 second tranche of private placement

December 31, 2025 8:02 AM EST

Doubleview Gold Corp. (TSXV: DBG) completed the second tranche of its non-brokered private placement, raising $104,000 through the issuance of 80,000 flow-through units at $1.30 per unit, according to a company statement.



Each unit consists of one flow-through share and one warrant. The warrants allow holders to purchase additional common shares at $2.00 per share for 24 months, expiring May 2, 2026.



Combined with the first tranche that closed December 22, 2025, the company has raised total gross proceeds of $829,099.70. Doubleview paid $27,502.50 in cash finder fees and issued 1,925 finder warrants for the placement. For the second tranche specifically, the company paid $25,000 in finder fees to PB Markets Inc.



The company stated proceeds will fund exploration programs on its British Columbia projects, particularly the polymetallic Hat Project in northwestern BC, and general working capital.



All securities from the second tranche are subject to a four-month hold period expiring May 2, 2026. The private placement requires final approval from the TSX Venture Exchange.



Doubleview indicated it anticipates closing the remaining portion of the private placement in coming weeks, though no specific timeline was provided.



The Vancouver-based mineral exploration company trades on multiple exchanges including OTCQB under DBLVF and Frankfurt Stock Exchange under 1D4.


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