Doubleview Gold Corp Announces Completion of First Tranche of Private Placement Page 1

Vancouver, British Columbia–(Newsfile Corp. – September 11, 2024) – Doubleview Gold Corp. (TSXV:DBG) (OTCQB:DBLVF) (FSE:1D4) (the “Company” or “Doubleview”) is pleased to announce that it has closed the first tranche of its non-brokered private placement of flow-through and non-flow-through funds for gross proceeds of $1,416,970.

Under the First Tranche, Doubleview will issue a total of 1,821,182 flow-through units (the “FT Units”) at a price of $0.55 per FT Unit for gross proceeds of $1,001,650. Each flow-through unit (the “FT unit“) consists of one common share of the Company (a “FT share“) and one-half of one common share purchase warrant (each, a “Warranty“). Each full warrant entitles its holder to purchase one common share of the Company (a “Warrant Share“) (on a non-flow-through basis) at an exercise price of $0.65 per Warrant Share for a period of 24 months following the Closing Date. The Warrants may be terminated early if the underlying shares trade at a volume weighted average price of at least $0.70 for 5 (five) consecutive days during the 24-month period from the Issue Date.