Doubleview Gold Corp (TSX-V:DBG, OTCQB:DBLVF) told investors it is raising flow-through funds through a non-brokered private placement at $0.70 per share.
In a statement, the company said it plans to use the proceeds of the fundraising for contribution and maintenance of exploration work on its projects in British Columbia, particularly its polymetallic Hat Project. The work includes drilling, geological advisory and analytical services.
No finder's fee or commissions are expected to be paid in connection with the private placement, it added.