Mr. Farshad Shirvani reports

DOUBLEVIEW CAPITAL CORP. (TSX-V: DBV) PROPOSES EXTENSION TO WARRANT TERM

Doubleview Capital Corp. is proposing to extend the expiry date of 3,548,333 previously issued share warrants to Sept. 16, 2018, in respect of 1,625,333 share purchase warrants, and Oct. 17, 2018, in respect of 1,925,000 share purchase warrants. The share purchase warrants were previously issued in a private placement financing that closed in September and October, 2013, and will continue to be exercisable at a price of 15 cents per share.

Farshad Shirvani, the chief executive officer and director of the company, currently owns 1,762,500 of the warrants, of which 707,500 warrants were issued in September, 2013, and 1,055,000 warrants were issued in October, 2013.

The extension of the expiry date of the warrants is subject to the acceptance of the TSX Venture Exchange.

Exercise of option to acquire Mt. Milligan North property

Doubleview has entered into an amendment agreement to the property option agreement with 0895277 B.C. Ltd., a company controlled by Mr. Shirvani, whereby Mr. Shirvani has agreed to waive all future exploration expenditures required to be incurred on the Mt. Milligan North property and, in consideration of which, Doubleview will issue one million share purchase warrants to Mr. Shirvani at an exercise price of 10 cents per share for a period of five years from the date of issue.

On closing of the amendment agreement, Doubleview will exercise its option and own a 100-per-cent interest in the Mt. Milligan North property, subject to a 2-per-cent net smelter return royalty in favour of the optionor.

The amendment agreement is subject to the approval of the TSX Venture Exchange.

Stock option grants

Doubleview has granted 470,000 stock options to directors, officers, consultants and employees of Doubleview. The options were granted for a period of five years and each stock option will allow the holder to purchase a common share of Doubleview at an exercise price of 10 cents.

We seek Safe Harbor.