Mr. Farshad Shirvani reports

DOUBLEVIEW CAPITAL CORP. (TSX-V: DBV) CLOSES INITIAL TRANCHES OF PRIVATE PLACEMENT

Doubleview Capital Corp. has closed the initial tranches of its non-brokered private placement financing announced on Feb. 26, 2015. Doubleview issued a total of 2.85 million flow-through (FT) units at a price of 20 cents per FT unit for gross proceeds of $570,000.

Each FT unit comprises one flow-through common share of Doubleview and one-half of one common share purchase warrant, with each whole FT warrant entitling the holder to purchase one additional common share at 28 cents per share for a period of two years from the date of issue. Doubleview will have the right to accelerate the expiry date of the FT warrants if, at any time, the average closing price of Doubleview's common shares is equal to or greater than 40 cents, in respect of the FT units, for five consecutive trading days. In the event of acceleration, the expiry date will be accelerated to a date that is 30 days after Doubleview issues a news release announcing that it has elected to exercise this acceleration right.

In connection with the proceeds raised under the first tranche, Doubleview paid a finder a cash commission of $34,200 and issued to the finder 171,000 non-transferable warrants. Each finder's warrant is exercisable on the same terms as the FT warrants described above.

The securities issued under the financing will be subject to a hold period expiring on July 5, 2015, in respect of 350,000 FT units, and July 21, 2015, in respect of 2.5 million FT units, pursuant to applicable Canadian securities laws and the rules of the TSX Venture Exchange.

Doubleview will use the proceeds from the flow-through offering for its exploration program on the Hat copper-gold porphyry project.

Doubleview is also pleased to announce that Farshad Shirvani, the chief executive officer and director of Doubleview, has exercised a total of 500,000 share purchase warrants at a price of 10 cents per share for gross proceeds of $50,000.

We seek Safe Harbor.