Doubleview Capital Corp. Proposes Amendment to Exercise Price of Certain Share Purchase Warrants
Vancouver, BC / TheNewswire / November 16 2015 - Doubleview Capital Corp. ("Doubleview") (TSX-V: DBV) announces it proposes to decrease the exercise price of 3,931,251 share purchase warrants previously issued in private placement financings in August 2014, December 2014, March 2015, April 2015 and May 2015 (the "Warrants"). The exercise price of the Warrants will decrease from $0.25 per share, in respect of 2,505,001 Warrants, and $0.28 per share, in respect of 1,426,250 Warrants, to $0.20 per share. All Warrants will continue to have the same expiry date.
Farshad Shirvani, the Chief Executive Officer and director of the Company, owns 69,444 of the Warrants and Robert Hall, the Chief Financial Officer and director of the company, owns 2,778 of the Warrants.
The amendment to the exercise price of the Warrants is subject to the acceptance of the TSX Venture Exchange.
About Doubleview Capital Corp.
Doubleview Capital Corp., a mineral resource exploration and development company, is based in Vancouver, British Columbia, Canada and is publicly traded on the TSX-Venture Exchange [TSX.V:DBV]. Doubleview identifies, acquires and finances precious and base metal exploration projects in North America, particularly in British Columbia, Canada. Doubleview increases shareholder value through acquisition and exploration of quality gold, copper and silver properties and the application of advanced state-of-the-art exploration methods. Doubleview's portfolio of strategic properties provides diversification and mitigates investment risk.
On behalf of the Board of Directors,
Farshad Shirvani, President & Chief Executive Officer
For further information please contact:
Suite 880 - 409 Granville St.
Vancouver, BC V6C 1T2
Farshad Shirvani
President & CEO
T: (604) 678-9587
E: corporate@doubleview.ca
Forward-Looking Statements
Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Doubleview cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Doubleview's control. Such factors include, among other things: risks and uncertainties relating to Doubleview's limited operating history and the need to comply with environmental and governmental regulations. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward looking information. Except as required under applicable securities legislation, Doubleview undertakes no obligation to publicly update or revise forward-looking information.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
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