Doubleview Capital Corp. (“Doubleview”) (TSX-V: DBV) announces that it will not be proceeding with its previously announced brokered private placement financing (see news release July 23, 2012) due to weak conditions in the global equity markets.

On behalf of the Board of Directors,
Farshad Shirvani, President & Chief Executive Officer


For further information please contact:

Doubleview Capital Corp.
Suite 310, 675 West Hastings Street
Vancouver, BC  V6B 1N2
Farshad Shirvani

T: (604) 678-9587
E: corporate@doubleview.ca

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.