Doubleview Gold Closes $750K Private Placement for BC Exploration

Doubleview Gold Corp successfully closed a non-brokered private placement, raising $750,000 by issuing 1,000,000 flow-through shares at $0.75 each to fund exploration and development of its British Columbia projects, notably the polymetallic Hat Project and the copper-silver-zinc Red Spring project. The raised funds will support activities such as drilling, geological advisory, and analytical services, aimed at advancing the company's critical minerals exploration, including gold, copper, cobalt, scandium, and silver. Despite facing typical early-stage mining challenges like negative earnings and no revenue, analysts maintain a Buy rating with a C$0.77 price target, reflecting optimism driven by strong corporate developments and mineral discoveries. The private placement shares are subject to standard resale restrictions and a hold period, and the offering's closing depends on regulatory approvals including those from the TSX Venture Exchange. Doubleview Gold is publicly traded on multiple exchanges and focuses on increasing shareholder value through strategic acquisition and exploration of precious and base metal projects across North America. This financing move strengthens the company's position in the critical minerals sector, supporting its long-term growth prospects.