Doubleview Receives “DTC” Eligibility, and Amended Hat Exploration Permit
Doubleview Capital Corp. (“Doubleview”) (TSX-V: DBV, OTC: DBLVF), a diversified precious and base metal exploration and development company, is pleased to announce that it’s application for membership has received approval from the Depository Trust Company (“DTC”) of New York, NY and that it is now DTC eligible for registration. The Depository Trust Company (“DTC”) is a subsidiary of the Depository Trust & Clearing Corporation (“DTCC”), that manages the electronic clearing and settlement of “DTC eligible” publicly traded companies. Transactions involving DTC eligible securities can be efficiently cleared and settled by electronic methods that accelerate the settlement of trades and the exchange of stock and cash.
The improved and smoother trading processes will benefit Doubleview’s international investors and will facilitate Doubleview’s access to a broader range of investors and financial institutions throughout North America.
In addition to the OTC, shares of Doubleview continue to trade on the TSX Venture (“DBV”) and Frankfurt Stock Exchanges (“1D4”).
Doubleview is working with a number of advisory agencies and financial groups to promote the Company and its projects and to ensure that our shareholders and all interested parties better understand Doubleview and the exciting potential of its Hat Gold Copper Project in northwest British Columbia.
Hat Gold Copper Project Receives Amended Exploration Permit:
Doubleview also announces that the Company has received an amended exploration permit for the Hat Gold Copper Project in Northwest British Columbia. The permit now enables an upgrade of its exploration camp and facilities to provide greater comfort and safety for its employees and contractors and allow other improvements to enhance the property. The Company has a very good safety record and is committed to the highest standards of responsible operation and environmental stewardship.
Since acquiring the Hat Property in 2011, Doubleview has constructed a temporary camp and drilled 30 drill holes with total length of 10, 281 metres while minimizing exploration footprint. The Company observes industry best practices and progressively reclaims abandoned drill sites. All fuels are stored in leak proof containments and camp waste materials that cannot be recycled are incinerated or buried.
Doubleview is also pleased to have supported the Tahltan Elders 2017 reunion in Cassiar, BC.
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], [OTCBB: DBLVF], [GER: A1W038], [Frankfurt: 1D4]. Doubleview identifies, acquires and finances precious and base metal exploration projects in North America, particularly in British Columbia. 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. The Company’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:
Doubleview Capital Corp.
409 Granville St., Suite #880
Vancouver, BC V6C 1T2
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.