Mr. R. Stuart (Tookie) Angus, LLB, appointed as “M&A” Advisor to the Board of Directors
Doubleview Capital Corp. (“Doubleview”) (TSX-V: DBV, OTC: DBLVF) is pleased to announce that Mr. Stuart (Tookie) Angus has been appointed as Mergers and Acquisitions (“M&A”) Advisor to the Company’s Board of Directors, effective June 26, 2018. Mr. Angus brings over 40 years experience in M & A, structuring and financing significant international exploration, development and mining ventures.
- Stuart (Tookie) Angus, LLB, Biography;
Mr. Angus is an independent business advisor to the mining industry and is presently Chair of San Marco Resources Inc, K92 Mining Inc, and Kenadyr Mining (Holdings) Corp. He was formerly Head of the Global Mining Group for Fasken Martineau. For the past 40 years, Mr. Angus has focused on structuring and financing significant international exploration, development and mining ventures. More recently, he was managing Director of Mergers & Acquisitions for Endeavour Financial and was responsible for merger and acquisition mandates. Mr. Angus is the former Chairman of the Board of BC Sugar Refinery Limited, he was a Director of First Quantum Minerals until June 2005, a Director of Canico Resources Corporation until its takeover by Brazil’s CVRD in 2005, a Director of Bema Gold Corp. until its takeover by Kinross Gold Corporation in 2007, a Director of Ventana Gold Corp. until its takeover by AUX Canada Acquisition Inc. in 2011 and a Director of Plutonic Power Corporation until its merger with Magma Energy Corp. in 2011. He resigned June 30, 2017 as Chair of Nevsun Resources Ltd following its acquisition of Reservoir Minerals.
Doubleview, 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].
On 19/June/2018 Doubleview signed a definitive Option Agreement with Hudbay Minerals Inc.
Hat Copper-Gold Porphyry Project Option Agreement with Hudbay:
Hudbay has the option of
- Spending $25 million on exploration and delivering a mineral resource estimate to earn a 51% interest in the Hat Project;
- Spending further $15 million on exploration and completing a pre-feasibility study to earn a cumulative 55% interest; and
- Spending all amounts required to complete a feasibility study to earn a cumulative 65% interest in the Hat Project.
For more details please refer to the News Release of the company on 19/June/2018.
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
Farshad Shirvani, President & CEO
T: (604) 678-9587
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.